+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»






International Accounting

Up-to-date areas of improving the efficiency of budgetary funds use in Russia

Vol. 22, Iss. 5, MAY 2019

Received: 16 April 2019

Received in revised form: 19 April 2019

Accepted: 23 April 2019

Available online: 16 May 2019


JEL Classification: H50

Pages: 527–544


Meliksetyan S.N. Rostov State University of Economics (RSUE), Rostov-on-Don, Russian Federation

ORCID id: not available

Subject This article examines the particularities of budget monitoring realization in Russia at present and discusses the issues on search and introduction of innovative methods of the State financial control in order to increase the efficiency of public financial resources use.
Objectives The article aims to reveal the key directions of increasing the efficiency of budget funds use in modern conditions and develop algorithms to perform budget monitoring and public control measures.
Methods For the study, I used the methods of comparative analysis, systematization, classification, analogy, and comparison.
Results The article highlights perspective areas to improve the efficiency of budgetary means use, shows the basic results of realization of programs on budget funds use efficiency improvement in 2012 and 2018, and offers algorithms for effective implementation of budget monitoring and public control in Russia.
Conclusions The article concludes that it is possible to achieve real improvement of the efficiency and effectiveness of budget funds use only under constructive inter-agency interaction of State financial control bodies and law enforcement agencies ensuring the State financial security, and provided rational and efficient distribution of public financial resources.

Keywords: effectiveness, budget expenditures, State financial control, budget monitoring, social audit


  1. Shevel'ko D.A. [Legal framework of program budgeting of constituent entities of the Russian Federation in the aspect of their expenditure commitments]. Finansovoe pravo = Financial Law, 2016, no. 3, pp. 45–48. URL: Link (In Russ.)
  2. Karepina O.I. [The development of external State financial control in Russia]. Chelovek i sovremennyi mir, 2018, no. 5, pp. 75–81. (In Russ.)
  3. Balynin I.V. [Complex of proposals to increase the transparency of public finances in the Russian Federation]. Audit i finansovyi analiz = Audit and Financial Analysis, 2018, no. 4, pp. 80–84. (In Russ.)
  4. Alieva E.B., Kaziakhmedova A.A. [Reforms of budget management in the Russian Federation]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2017, no. 10-1, pp. 39–43. (In Russ.)
  5. Masterov A.I. [Performance budgeting as a tool to nurture economic growth in Russia]. Finansy i kredit = Finance and Credit, 2018, vol. 24, iss. 5, pp. 1211–1228. (In Russ.) URL: Link
  6. Alieva E.B., Shirinov M.B. [State of the State financial control in the Russian Federation: prospects of development]. Gosudarstvennaya sluzhba i kadry = Civil Service and Personnel, 2018, no. 1, pp. 95–98. (In Russ.)
  7. Bogacheva O.V., Smorodinov O.V. [Creation of enabling environment for spending reviews in Russia]. Finansovyi zhurnal = Financial Journal, 2019, no. 1, pp. 21–34. URL: Link (In Russ.)
  8. Betrozova Z.V., Khachirov A.I. [Problems and prospects of development of the State financial control in Russia]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2018, no. 8, pp. 175–177. (In Russ.)
  9. Kovtun L.R. [Budget monitoring is a promising method of State Treasury control]. Finansy = Finance, 2018, no. 5, pp. 28–33. (In Russ.)
  10. Bergal' E.V., Kulinchenko T.V. [Development of the system of internal State financial-budgetary control in agrarian region]. Ekonomika i predprinimatel'stvo = Journal of Economy and Entrepreneurship, 2018, no. 6, pp. 360–364. (In Russ.)
  11. Chulkov A.S. [Development of State internal financial control in the subjects of the Russian Federation]. Finansy = Finance, 2019, no. 2, pp. 48–53. (In Russ.)
  12. Smetanko A.V., Kulyakina E.L. [Risk-based internal audit in the system of signs and causes of fraud identification]. Finansy i kredit = Finance and Credit, 2018, vol. 24, iss. 4, pp. 755–766. (In Russ.) URL: Link
  13. Sannikova I.N., Prikhod'ko E.A. [Ensuring the financial security of the region as an effective tool of budget policy]. Ekonomika. Professiya. Biznes = Economics. Profession. Business, 2019, vol. 1, no. 1, pp. 48–55. (In Russ.) URL: Link
  14. Balynin I.V. [Financial support to municipalities in the Russian Federation: Key challenges and solutions]. Finansy i kredit = Finance and Credit, 2018, vol. 24, iss. 9, pp. 2086–2104. (In Russ.) URL: Link
  15. Belostotskii A.A. [Foreign experience of initiative budgeting in the management of public finance]. Ekonomicheskie nauki = Economic Sciences, 2018, no. 12, pp. 89–93. URL: Link (In Russ.)
  16. Vagin V.V., Shapovalova N.A. [Status of initiative budgeting in the Russian Federation: new trends and opportunities for development]. Finansovyi zhurnal = Financial Journal, 2018, no. 1, pp. 110–122. URL: Link (In Russ.)
  17. Rodionova O.V., Sigalov K.E. [Problems of efficiency of modern social State: global and Russian trends]. Gumanitarnye nauki. Vestnik Finansovogo universiteta = Humanities and Social Sciences. Bulletin of the Financial University, 2018, vol. 8, no. 6, pp. 43–48. URL: Link (In Russ.)
  18. Andreeva O.V., Samoilova K.N., Takmazyan A.S. [Modern tendencies of financial support of social and cultural complex of the Russian Federation]. Konkurentosposobnost' v global'nom mire: ekonomika, nauka, tekhnologii = Competitiveness in the Global World: Economics, Science, Technology, 2017, no. 7-3, pp. 7–10. (In Russ.)

View all articles of issue


ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

Journal current issue

Vol. 26, Iss. 3
March 2023