Abstract:  The subject of this research is the economic-financial relations with regards financial security and cash breaks in terms of budget execution. The object of this research is the treasury technologies aimed at managing the uniform budget, for ensuring the liquidity of budget funds. The author analyzes the treasury technologies applied in the course of budget execution for the purpose of effective debt management of the subjects of the Russian Federation via lending to public entities by the Treasury of Russia, management of the balance of uniform budget. The scientific novelty consists in the fact that the collective application of treasury technologies allows increasing the efficiency of regional budget management, attract budget credit for replenishment of balance using potentiality of budget planning and forecasting, expansion of the list of instruments that increase the liquidity of uniform budget, and consolidation of budget resources. The conclusion is made that the cash management instruments suggested by the Federal Treasury ensure the additional sustainability of budgets of treasury system within the framework of measures conducted for increasing the efficiency of public funds management.

Abstract: The subject of this research is economic and financial relations arising in the process of implementing the principle of transparency of the budget system. The object of the research is the the process of submitting open budget data of the RF constituents and municipal entities. The author of the article summarizes the Russian experience of ensuring transparency of public finances and make suggestions for improvement of the mechanism of budgetary data submission. The researcher also outlines advantages that are provided for the authorities that implement the budget transperancy policy that ensures a dialogue with the population. Sergienko also describes promising areas for increasing transperancy of public finance at the municipal unit level. The methodological basis of the research involves general research methods such as analysis, synthesis, comparison, and others. The novelty of the research is caused by the fact that the author gives his own recommendations regardings submission of summarized information about budgetary data at the level of a municipal unit considering that there are very few researches devoted to budgetary data submission at the level of a municipal unit. The results of the research demonstrate that encouragement of municipal units by the regional authorities contributes to the growth of submitted budgetary data open for the population which enables the feedback between the population and authorities. 
 
 

Abstract: The subject of the research is the economic and financial relations arising in the process of financing the current budget deficit through providing a short term fiscal loan. The object of the research is the mechanism of short-term fiscal lending budgets of the RF constituents and municipal entities. The authors summarized Russian experience of lending to public entities by the Treasury of Russia made proposals on improving the mechanism as well as the features of loans from the Federal budget in the conditions of high cost of Bank loans, the benefits of the Federal loans that provide a solution to the problem of the current budget deficit  in the sphere of public legal education. The methodological framework is based on general research methods including analysis, synthesis, comparison, and special research methods (mathematical and statistical). The novelty of this research is caused by the fact that the mechanism of granting the budgetary credit should be associated not only with the possibility of financing the regional level but also take into account potential cash planning and forecasting expanding the list of tools that enhance the liquidity of the single account of the budget consolidation, budgetary resources, including at the local level. The study allowed to conclude that the implemented the Federal Treasury instruments cash management helps to ensure additional stability of budgets in the budgetary system within the framework of ongoing measures to improve efficiency of public finance management.

Abstract: The object of research is the mechanism of liquidity management of unified budget accounts in the Russian Federation through the compilation of cash plan, placing the available balance on bank deposits. The subject of research is the technology of the single budget account, used in the execution of the budget. The author details the theoretical and practical aspects of the free residue of the budget on a single account of the regional budget. Particular attention is paid placement technology in bank deposits available balance the budget. The experience of some Russian regions based on the study of dynamics of revenues from accommodation residues. The methodological basis is based on scientific methods, including analysis, synthesis, comparison, and in the special (economic and mathematical and statistical). A key conclusion of the results of the study: to improve the mechanism for placing the free balance on the single account of regional budgets require union members such procedures and consolidation at the legislative level criteria for the selection of financial institutions participating in the offering, in order to minimize the risks involved. The novelty of the study is that research of regional experience virtually not represented in scientific articles of economists in the Russian Federation. The practical significance of the research results is the possibility of using the proposed variant of the interaction of the Federal Treasury and the financial authorities of the Russian Federation.

Abstract: The object of the research is the process of the development of pharmaceutical cluster in the Kaluga region. The subject of the research is a set of measures aimed at creating conditions for the development of the pharmaceutical industry in a particular region. The authors examine the prerequisites and conditions for the development of the pharmaceutical cluster in the specific constituent of the Russian Federation. Special attention is paid to the tools of support from the government of the region on the implementation of investment policy in the development of the pharmaceutical industry and strategies for the industry development in the region. In their research the authors have used the systems, statistical and logical analysis methods as well as descriptive and comparative methods of processing and systematization of data. The main conclusion made on the basis of the research results is the following: for the development of strategically important industries for the economy of the country it is required to create certain infrastructure and administration in additional to budget investments inculding regional investments. The novelty of the research is caused by the fact that the authors define the role of public authorities at the regional level and industry sector in stimulating investment activities and establishing appropriate procedures and standards governing the development of the pharmaceutical cluster. The results can be used to develop regional regulatory acts aimed at regulation of investment activity, as well as to adjust existing documents. The results of the study can serve as a basis for further research in the field of formulation and evaluation of investment activities in the constituent entities of the Russian Federation.