FEATURES OF IMPROVING THE BUDGETARY SYSTEM OF THE RUSSIAN FEDERATION

This paper is dedicated to the main directions and areas of the budgetary system of the Russian Federation, functioning of budgets at all levels of the budgetary system, its development, and regulation to adapt the Russian economy to market conditions. This research consists of features that will be further analyzed and discussed. These features are related to improving the functioning budgetary system and the financial system as a whole. This work considers features of the modern budget system of the Russian Federation, analysis of the functioning and execution of the budget system of the Russian Federation on the example of the federal budget, the main problems of the Russian budgetary system, and analysis of possible ways for improving the country's budgetary system. The key aspect of this article is the influence of the current political situation and economic factors on modifying the entire structure of the Russian budget system, as well as its budget policy, to further stabilize the economic development of the state. An important place is given to the formed proposals for improving the functioning budget policy and identified promising areas, which implementation can yield high results in the sphere of the budget system of the Russian Federation.