THE ORETICAL ASPECTS AND PROSPECTS USE OF PROGRAM-TARGETED APPROACH IN THE BUDGET PROCESS OF RUSSIAN REGIONS

Abstract

Review of relevant issues to ensure long-term stability of the budget, increase of its efficiency by concentrating resources on the direction which are important for the society. Discussion: this paper described the nature and actualized the need for program- targeted approach to the formation of regional budgets in Russia to ensure effective fiscal policy at the regional level. The essence of the program- targeted approach to management is considered from the point of view of the synthesis of the concepts of software and targeted approaches. Principles of the introduction of the program- targeted approach in the budget process, the advantages of this approach over the article approach to budgeting are highlighted. Results: the article presents prerequisites for successful use of the program- targeted approach in the budget process at the regional level.