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Financial Analytics: Science and Experience
 

Preparation of a draft national budget: British experience

Vol. 4, Iss. 33, SEPTEMBER 2011

Available online: 13 September 2011

Subject Heading: Foreign experience

JEL Classification: 

Bogov H.M. PhD, associate professor of finance and statistics, Russian state trade and economic university
bogov51@mail.ru

This article examines the laws inherent in the budget process the United Kingdom. Examines the positive experience it can be used in domestic conditions. It is concluded that the domestic practice of drafting the federal budget can be improved taking into account the individual elements of the British experience.

Keywords: national, budget, United Kingdom, comparative legal method, appropriation bill, bill, House of Lords, House of Commons, Treasury, Code of fiscal stability

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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