Features of budgeting: methodological and operational experience of the Republic of Kazakhstan and its relevance for Russia[Особенности Управления Формированием Бюджета: Методический И Практический Опыт Республики Казахстан И Его Применимость В России]

Purpose: critical consideration of the technology of public finance management, which is the basis of budgeting; identification of problem issues in the research of methodological provisions and practical issues that affect the functioning of the budget system in the overall complex of strategic planning problems. Methodology and methods: based on the application of the dialectical method of cognition, the principles of the system approach and tools of general economic and specific scientific methods theoretical sources and empirical data were studied, legal documents pertaining to the reform of the budget system and the transition to the program budget were analyzed. The study was carried out by means of the Republic of Kazakhstan and the results are correlated with similar practice of public finance management in the Russian Federation. Results: considering the transformations of thy budget system the authors carried out a comparative analysis of the proposed measures and interventions that are strategically linked to ensure a comprehensive and effective system of governance, a balanced budget, efficient allocation of financial resources according to the established priorities, goals and objectives of fiscal policy. The reasons that make it difficult to manage state and municipal finances, through which there is a mobilization of financial resources, their redistribution and use to solve economic and social problems of society are identified. Practical applicability of technologies for result-oriented budgeting implementation, aimed at improving the efficiency of budgeting is studied. The evolution of principles, methods and tools used in financial activity is considered. The process of budget preparation and utilization of the budget system is researched. Practical aspects of budgeting and allocation of budget resources are analyzed. The scientific novelty of the paper consists in justification of a new approach to ensuring sustainable economic growth of donor and recipient regions, for the implementation of which it is recommended to change the methodology and practice of allocation of budget funds between economic entities both within and between levels of the budget system. The paper presents the conceptual basis for improving budget planning as one of the functional elements of financial management; the expediency of further studies of program budgeting in the context of updating the methodologies and using the proposed organizational and economic innovations in order to develop the basic provisions of financial science in the context of the digital economy.