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The Analysis of the Russian Federal Subjects Budget Transparency

Author

Listed:
  • Yury V. Belousov

    (Financial Research Institute, Moscow, Russia)

  • Olga I. Timofeeva

    (Financial Research Institute, Moscow, Russia)

Abstract

This article presents the results of the evaluation of the Russian Federal Subjects’ budgets transparency in 2014. This data was obtained on the basis of Russian Federal Subjects’ monitoring, and subsequently the Subjects were rated by the level of transparency of the budgetary data. It reveals the ranking of Federal Subjects based on the achieved level of transparency of the budget, with specific examples. The basic challenges to improve the transparency of the budget are illustrated and recommendations for improving the situation are given.

Suggested Citation

  • Yury V. Belousov & Olga I. Timofeeva, 2015. "The Analysis of the Russian Federal Subjects Budget Transparency," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 108-116, June.
    • Handle: RePEc:fru:finjrn:150312:p:108-116
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