Any state can not fulfill its main function (regulation of the economy) without the use of economic methods.At the same time it can not itself make money and engage in business activities for the implementation of this function.It is therefore necessary financial resources creates the state budget, the income of which is replenished mainly through taxation.
Formation of the budget is carried out once in twelve months, often in the course of this year there are unforeseen circumstances that have a significant impact on its execution and implementation of the State of its stabilization policy.
In order to fully understand the meaning of the concept, you should find out for yourself what the budget.
This is, firstly, a spending plan, the content available for health, education, defense and other activities, which are at the mercy of the state.
Second, plan revenues generated by the tax system, as well as other non-tax payments and fees.At the same time the revenue part of the budget should be clearly stipulated, iein what amounts must be received tax payments by major taxes.
Third, according to the planned state budget provides for one year certain loans, as well as an obligation to pay interest on the debt already established.
mandatory procedures in the budgetary process is to provide the performance report.This document is very important, as it should be fixed all the expenditure of the state in the past year.
other words, you can indicate what is the budget - a kind of a balance between revenues and expenditures, the balance of which may be either positive (surplus) or negative (a deficit).
The state budget has a huge impact on the economy of any state, and thus it is very sensitive to any changes (economic or political) within the country and in the external environment.The interdependence of the budget and the state of the domestic economy can be seen in the additional public subsidies in an innovative industry that in the future, contribute to increased productivity and an increase in budget revenues.Or, conversely, an increase in tax rates leads to a reduction in income, and accordingly - reduce consumption.With additional investments in the manufacturing sector of the state (metallurgy, coal, etc.) in humans increased wages, reduced unemployment, and achieved a positive economic result - increasing tax revenues and reducing the budget deficit.
In considering the concept of "what is the budget" not to mention the important functions of the state, which is the redistribution of financial resources.It is the state budget is the main source for the maintenance of vulnerable groups (disabled, veterans, low-income people).These people are paid additional allowances granted certain subsidies is carried out and other financial support.
What is the budget?It is felt by those sectors of the economy, reflected in relevant legislative documents as a priority, and that the expenditure of the state budget the amount of fixed investments, which are necessary for their maintenance and development.After the successful development of the state must be the continuous development of science-intensive industries characterized by energy and resource factors.
