ANALYSIS OF CHANGES IN INDICATORS OF INTERBUDGETARY TRANSFERS OF THE FEDERAL BUDGET AS A KEY INSTRUMENT FOR ENSURING THE EXECUTION OF THE BUDGET OF THE REPUBLIC OF NORTH OSSETIA-ALANIA

Abstract

In modern conditions, significant transformational changes are taking place in the Russian budget system. It should be noted that these changes, on the one hand, are a natural continuation of the development of the relatively young fiscal system of the new Russia. On the other hand, the changes of recent years undoubtedly carry unique features formed under the influence of events that fundamentally changed the country's economic system: the COVID-19 pandemic period, post-crisis recovery. In such conditions, special attention should be paid to changes in the system of inter-budgetary relations that determine the implementation of federal programs at the regional level, allowing to eliminate financial gaps to equalize the imbalances of regional and interregional finances, and also act as a guarantor of the full fulfillment by subjects of all social obligations to the population, regardless of the current financial condition of regional budgets. The impact of the provision of federal inter-budget transfers on the budgetary stability of the subjects can be analyzed by the example of the budget execution of the Republic of North Ossetia-Alania (RSO-Alania).