IMPROVING INTER-BUDGETARY RELATIONS IN ORDER TO FORM AN EFFECTIVE REGIONAL BUDGET

Abstract

Improving the efficiency of inter-budgetary relations is also a problem facing the budget of regions and municipalities. Work is underway in this area, but with this in mind, the problem of strengthening financial independence remains urgent. For this purpose, it is expected to increase the stability of budget legislation, which will allow you to put on a solid basis the planning of your own budget revenues and increase the functional role of funds formed within the framework of inter-budget relations. Improving the efficiency of inter-budgetary relations is also a problem facing the budget of regions and municipalities. Work is underway in this area, but with this in mind, the problem of strengthening financial independence remains urgent. For this purpose, it is expected to increase the stability of budget legislation, which will allow you to put on a solid basis the planning of your own budget revenues and increase the functional role of funds formed within the framework of inter-budget relations. The problem of the deficit of financing remains an acute problem of the regional budget, as a result of which the volume of needs is not covered by real financial resources for the budget. This is based on a methodologically erroneous approach to the formation of budget expenditures. In this regard, the relevance of the chosen topic is due to the fact that at present the most urgent issue is the lack of financial and economic independence of regions and the imbalance of local budgets. The purpose of the research is to suggest ways to improve the organization of inter-budgetary relations. The subject of the research is the peculiarities of the organization of inter-budgetary relations of regional budgets.