The role of inter-budgetary relations perfection in regulation of the regions socio-economic development
The priority of the policy of inter-budgetary relations perfection in the Russian Federation should be socio-economic development of the subjects of the federation. At the same time, the problem of determining the optimal decentralization degree of public finance management is on the agenda. Russia is characterized by high level of interregional differentiation, and therefore, the priority of state policy in the field of inter-budgetary relations is to support, expand the revenue base and ensure the sustainability of the budgets of the constituent entities of the Russian Federation. This policy implementation will contribute to the support of the regions lagging behind in socio-economic development, and will become the basis for their further development.