Release:2016, Vol. 2. №2
About the authors:Olga G. Geymur, Cand. Sci. (Jur.), Associate Professor Department of Administrative and Financial Law, Institute of State and Law, Tyumen State University; email@example.com
Nowadays the budget implementation on different budget system levels should be carried out by improving the effectiveness of the budget spending, and not by increasing the revenues. Although the changes to the budget legislation may have a positive effect, they have not solved the current legal problems, they have not excluded existing gaps and contradictions, they have not provided a comprehensive legal regulation for monitoring the efficiency of budget spending, nor have they created an enforcement mechanism for the breaches of the budget legislation. The most important principle of realizing budgets on different levels of Russian budget system spending in the conditions of the financial and economic crisis is the principle of efficiency of budget spending. The authors suppose that, due to the lack of criteria for this principle realization, it is required to legally entrench a mechanism of assessing the efficiency of budget spending for the implementation of an efficient state and municipal financial control by the authorized authorities, and, as a result, for the achievement of stable economic situation in the Russian Federation.