Forecasting Expenses of the Budgets of the Russian Federation Regions under Conditions of Turbulence
The study explores the possibility of applying trend analysis in forecasting the budget expenditures of St. Petersburg on social policy. The objective is to study the methods of forecasting budgets of subjects of the Russian Federation and their evaluation, to conduct a trend analysis. It is assumed that mathematical models of trend analysis can predict budget expenditures more accurately than the methods traditionally used by the Finance Committee of Saint Petersburg, which are based on the main indicators of socio-economic development of Saint Petersburg. The study involved methods of analysis and synthesis, comparison, statistical analysis, generalization, graphical and table methods, etc. Possibilities of applying trend analysis in forecasting expenditures of the budget of Saint Petersburg on social policy in conditions of a pandemic have been studied. Methods and models of forecasts, which were applied to expenses, were investigated. The results were evaluated. The further way of research development was determined.