IMF Working Papers

The New Russian Budget System: A Critical Assessment and Future Reform Agenda

By Jack Diamond

February 1, 2002

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Jack Diamond. The New Russian Budget System: A Critical Assessment and Future Reform Agenda, (USA: International Monetary Fund, 2002) accessed November 3, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

This paper documents the main elements of the new budget system established in the Russian Federation through its revised budget system law, or the Budget Code, of 2000. It critically examines the budget preparation, budget approval, and budget execution processes, as well as the financial management and planning procedures that underlie the Budget Code. Based on this analysis, recent developments are discussed and a future reform agenda is indicated.

Subject: Budget classification, Budget execution and treasury management, Budget planning and preparation, Expenditure, Fiscal accounting and reporting, Public financial management (PFM)

Keywords: Baltics, Budget classification, Budget classification systems, Budget execution, Budget execution and treasury management, Budget execution authority, Budget institution, Budget pattern, Budget planning and preparation, Budget practice, Budget reform, Budget system, Budget System Law, Duma budget committee, Fiscal accounting and reporting, Government policy, Preparing budget projection, Russia, System reform, WP

Publication Details

  • Pages:

    30

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2002/021

  • Stock No:

    WPIEA0212002

  • ISBN:

    9781451843927

  • ISSN:

    1018-5941