Finance and Credit

Current Budgetary Policy and Main Parameters of the Federal Budget for 2018 and for the Planned Period 2019 and 2020. The Budgetary Policy Relationship with the Forecast-2030

Vol. 24, Iss. 2, FEBRUARY 2018

Received: 28 November 2017

Received in revised form: 10 January 2018

Accepted: 25 January 2018

Available online: 1 March 2018

Subject Heading: FISCAL SYSTEM

JEL Classification: 

Pages: 362–376

Terekhina S.A. Lomonosov Moscow State University, Moscow, Russian Federation

ORCID id: not available

Soldatenko I.A. Lomonosov Moscow State University, Moscow, Russian Federation

ORCID id: not available

Importance The article considers the budgetary policy of Russia within the period of 2015—2017, in mid-term perspective, and the social and economic development forecast for the period up to 2030.
Objectives The article aims to investigate the relationship between the economic development indicators of Russia for 2018—2020 and forecast indicators for the period till 2030.
Methods For the study, we used the methods of comparative, logical analysis and synthesis, and the methods of induction and deduction.
Results The article determines a discrepancy of the medium-term budgetary policy indicators and the forecast indicators of long-term social and economic development of the Russian Federation for the period up to 2030.
Conclusions It is necessary to change or cancel the long-term forecast taking into account modern economic realities.

Keywords: macroeconomic indicator, economy, strategic forecasting, fiscal policy

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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Vol. 24, Iss. 11
November 2018