Formation of a digital platform for managing public finances in Russia

The purpose of the research is to develop a concept for a digital public finance management platform in Russia that takes into account functionality of modern digital technologies and practice of organizing the budget process within the framework of the state integrated information system “Electronic Budget†. The main methods used in this article include statistical analysis methods (comparative analysis, moving average method, estimation of absolute growth and loss, specific values), content analysis of scientific literature and general scientific methods of analysis and synthesis. In order to visualize the concept of a unified digital platform for public finance, the flowchart construction method was applied. The main results of the study include: 1) substantiation of the need for a “seamless†integration link between the federal and regional segments of electronic budgets based on “GosTech platform†; 2) identification of a list of promising areas for the practical implementation of digital services and applications in public finance management; 3) developing a scheme of information interaction within the digital platform of public finance in Russia. The paper concludes that the development and scaling of the digital tools of public finance in Russia in the context of sanctions restrictions is becoming a factor that strengthens the financial and digital sovereignty of the country. Horizontal and vertical digital inequality in public finance management hinders the processes of digital transformation necessary for the transition to the new version of the Electronic budget 2.0 as part of active technological development of the budget process. The current inconsistency in application of the software-targeted approach necessitates continuous coordination in the development, implementation and operation of software IT solutions based on a single software and hardware.