Fiscal policy of the state as an instrument of state regulation of the economy

This article considers such an important instrument of state regulation of the economy as fiscal policy. The meaning of this concept is defined, formal and informal institutions of fiscal policy of the state are considered, as well as the main factors and risks that have a significant impact on its institutions. The role and importance of taxation in the field of fiscal policy of the Russian Federation is disclosed. Current taxes are considered to justify measures to make adjustments for their productive functioning. The main goals and objectives of the fiscal policy are described.