Gaidar Forum participants discuss inter-budgetary relations

The Gaidar Forum 2017 speakers have discussed interaction of the federal budget with budgets of other levels and the possible new tools and approaches to financial policies during the expert discussion, Inter-budgetary Relations and the Delineation of Powers: Medium- Term Challenges.

Two experts, Head of the Chair for State Economic Regulation at RANEPA School of Public Policy Vladimir Klimanov and Chairman of the Federation Council Budget and Financial Markets Committee Sergei Ryabukhin moderated the debate on the transformation of inter-budgetary relations in Russia. The Federation Council representative suggested discussing ways to stimulate sustainability of Russian regions’ budget and finance systems and to inventory the capacities of each component of the budget system.