Release:2017, Vol. 3. №1
About the author:Valeriy V. Gamukin, Cand. Sci. (Econ.), Professor, Department of Finance, Monetary Circulation and Credit, Financial and Economic Institute, Tyumen State University; firstname.lastname@example.org
The various events having impact on the modern economic situation in Russia are in their nature risk factors. The country’s budget system cannot function separated from these factors. Difficult conditions of budgets forming on various levels are aggravated with a risk of taxpayers’ solvency downside. Its influence on the rhythmical income, which allows performing the planned expenses, is multiplied by the accompanying budget risk of inflation. Besides, it is important to analyze the influence of another budget risk — the risk accompanying traditional financial and economic transactions. There is a coherence of all budget risks, causing additional threats for the budget system. The research formulated that the leading role in a circulation of a money belongs to the sector generating tax payments. Any of its risks have an impact on the budget risks. It means that the risk of taxpayers’ solvency downside appears among other budget risks due to the factors operating on the outside budget stability. The Government, as a rule, have no adequate tools to manage this risk.