Financial relations in the Russian Federation on the contemporary staae
The way of conducting a regional financial policy is a linchpin of the regional financial system management. The regional financial policy shall incorporate a set of legislative, economic, and administrative measures, which are aimed at providing the financial system sustainable development, and at the regions social reproduction as a whole. The author maps out the financial system shortages, which hinder economic and social progress in the Russian Federation. Ways of their elimination have also been indicated.