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Finance and Credit
 

Implementation of the program and target method for managing the State financial resources in the Russian Federation

Vol. 28, Iss. 1, JANUARY 2022

Received: 13 September 2021

Received in revised form: 25 October 2021

Accepted: 8 November 2021

Available online: 31 January 2022

Subject Heading: FISCAL SYSTEM

JEL Classification: H61

Pages: 4–34

https://doi.org/10.24891/fc.28.1.4

Andrei G. LUKIN Samara State University of Economics (SSEU), Samara, Russian Federation
Lagufk@mail.ru

https://orcid.org/0000-0003-3347-2605

Subject. The article considers processes of introducing the program-target method of managing the federal budget funds in the Russian Federation.
Objectives. The aim is to justify the need for a wider application of project management tools, and, therefore, the need to change the structure of budget management of the budget system.
Methods. The study employs universal methods of scientific knowledge, like analysis, synthesis, generalization, abstraction, and methods of induction and modeling.
Results. I offer a variant of adapting such a project management tool as a matrix, for dividing administrative management tasks for the public financial management sector. The paper substantiates that in the conditions of the current structure of the State financial management in the Russian Federation, the effective operation of the program-target method of financial management is significantly complicated. I developed an option of temporary adaptive structure of public financial management for the period of implementation of priority national projects until the end of the current stage of budget reform.
Conclusions. Approaches to the adaptation of project management tools to their use in the public administration sector, proposed in the article, on the one hand, will enable practitioners to improve the efficiency of planning and using the public financial resources, and, on the other hand, to open new areas of research to improve the public financial and budgetary management.

Keywords: government financial management, budget management, project-target method, performance-based budgeting

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