Service of the state (municipal) debt in the structure of expenditures of the federal budget of the Russian Federation
Abstract. Due to the aggravation of the economic situation in Russia and in the world, our country has faced many difficulties in the socio-economic sphere. In the coming years, a reduction in federal budget revenues and a significant increase in its expenditures are predicted. At the same time, public debt servicing costs are rising. The purpose of this study is to consider the change in budget spending on public debt servicing, identify problems and propose ways to solve them. Analysis is the key research method. In the course of the study, ways were identified to increase revenues and reduce federal budget expenditures.
Keywords: budget, budget system, public debt, budget revenues, inflation, exchange rate, budget expenditures, federal budget
Highlights:
♦ the changes in the volume of public debt over the past years and forecast indicators for the near future are considered, the structure of public debt is studied;
♦ federal budget expenditures on servicing the public debt are analyzed, their significant increase is revealed;
♦ based on the results of the study, ways to solve the problematic situation in the public sector are proposed.
Kristina A. Sharonova - Samara State University of Economics, Samara, Russia