Importance This paper examines the issues related to the Reserve Funds of the President and Government of the Russian Federation in the RF Federal budget. Objectives The paper aims to give qualitative and quantitative characteristics of these funds for 2008–2016, as well as analyze changes in their formation and use foreseen in the process of execution of the RF Federal budget for 2017. Methods For the study, we used the method of statistical comparison of time series. Results The paper explains why the two different reserve funds of the Government of the Russian Federation are formed as part of Federal budget expenditures. It offers the criteria of the perfect and imperfect reserve funds and describes the changes in the approaches to the formation and use of reserve funds of the RF President and Government in 2017. Conclusions In 2017, the reserve funds of the President of the Russian Federation and the RF government underwent drastic changes, authorized by the Federal budget and rules of formation and use of funds. However, these serious changes did not result in exceeding the envisaged limits, which testifies to the inflated amount of these funds. These reserve funds are never placed to maintain their value or increment their volumes. In the scientific publications, the study of the dynamics of their volumes and specific weight in the Federal budget expenditures is extremely rare, which does not allow using this dynamics in the study of the typology of reserves in the Federal budget.
Keywords: reserve fund, federal budget, president, government, perfect (imperfect) fund
Povetkina N.A. Rossiiskaya Federatsiya kak sub"ekt byudzhetnogo prava: monografiya [The Russian Federation as a subject of the Budgetary Law: a monograph]. Moscow, RLA of Ministry of Justice of Russia Publ., 2004, 147 p.
Povetkina N.A. [Reserve Fund of the President of the Russian Federation and Reserve Fund of the Government of the Russian Federation: Features of the Legal Regime]. Finansovoe pravo = Financial Law, 2016, no. 3, pp. 3–9. (In Russ.)
Lozhechko A.S. [Effective and responsible management of economic budget risks of regional budgets revenue formation in the Russian Federation in conditions of economic uncertainty]. Finansy, denezhnoe obrashchenie i kredit = Finances, Monetary Circulation and Credit, 2017, no. 3А. URL: http://publishing-vak.ru/file/archive-economy-2017-3/19-lozhechko.pdf (In Russ.)
Boltinova O.V. [On the issue of improvement of the budget legislation of the Russian Federation]. Finansovoe pravo i upravlenie = Financial Law and Management, 2013, no. 1, pp. 56–63. (In Russ.) URL: https://doi.org/10.7256/.2013.1.9547
Grishkovets A.A. [The Reserve Fund of the Government of the Russian Federation: legal condition, the order, and the practice of budget appropriations allocation]. Administrativnoe i munitsipal'noe pravo = Administrative and Municipal Law, 2016, no. 4, pp. 330–337. (In Russ.) URL: https://doi.org/10.7256/1999-2807.2016.4.18468
Timoshchenko M.A. [Formation mechanisms and main directions of using the resources of the Reserve Fund of the President of the Russian Federation]. Novaya nauka: sovremennoe sostoyanie i puti razvitiya = The New Science: The Current State and Development Trends, 2015, no. 4, pp. 227–229. (In Russ.)
Dolmatova N.G. [Financial and legal means of budgetary security as a form of State financial security]. Finansy i upravlenie = Finance and Management, 2016, no. 2, pp. 103–110. (In Russ.) URL: https://doi.org/10.7256/2409-7802.2016.2.19122
Senchagov V.K., Gubin B.V. [Modern systems of the financial system in the context of globalization]. Sovremennye tekhnologii upravleniya, 2015, no. 9, pp. 29–39. (In Russ.) URL: http://sovman.ru/article/5705
Vladimirov N.A. [The Federal budget of the Russian Federation for 2016 and its anti-recessionary orientation]. Sovremennye nauchnye issledovaniya i innovatsii, 2015, no. 12, pp. 824–828. (In Russ.) URL: http://web.snauka.ru/issues/2015/12/61949
Dorofeeva V.I., Rodionova E.V. et al. Razvitie sovremennoi nauki: teoreticheskie i prikladnye aspekty: sbornik statei studentov, magistrantov, aspirantov, molodykh uchenykh i prepodavatelei [The development of modern science: theoretical and applied aspects: a collection of articles by students, graduate students, candidates, young scientists and teachers]. Perm, IP Sigitov T.M. Publ., 2016, December 6, iss. 10, pp. 96–98. URL: https://xn----7sbe2acjpbdjwjw0d5c.xn--p1ai/file/arhiv/rinc/rinc-10.pdf (In Russ.)