CONCRETE DEFINITION OF THE CONCEPTS OF EFFECTIVENESS AND EFFICIENCY OF THE BUDGET EXPENDITURES, DEFINITION AND CLASSIFICATION OF EXPENDITURE IN THE SOCIALLY IMPORTANT SECTORS

This article discusses the concepts of efficiency and effectiveness of the budget expenditures, provides for the currently developed tools for improvement of efficiency and effectiveness of the budgetary expenditures, describes the activities of the Federal Treasury in the area of improvement of the efficiency of the budgetary expenditures, provides for the definition of the spending into the socially important sectors, as well as the classification of the budget expenditures of the budget system of the RF and makes conclusion about its suitability for classification of expenditures in the socially important branches. Additionally, the article demonstrates the existing problems in the area of efficiency and effectiveness of the budget expenditures and provides methods for their resolution described in the legislation.

budget expenditures, effectiveness, efficiency, Federal Treasury, socially valuable sectors, budget incomes, balanced budget, participants of the budget process, municipal formations, inter-budget transfers