UDC 336


Galieva Lilia Filaritovna
Bashkir State University
student of the 4th course of the faculty of mathematics and information technologies

The budget system is a set of financial relations between state, legal, and physical entities related to formation and usage of centralized monetary funds, budgets,and methods and techniques of their development and erformance, as well as administration bodies. The state budget is a centralized monetary fund of the state
approved by decision of the representative bodies, designated for support of social and economic development of the country and created at the expense of taxes, other obligatory payments, income from capital transactions, and non-tax and other receipts.

Article reference:
Main Principles of Budget Formation // Economics and innovations management. 2017. № 2 [Electronic journal]. URL: https://ekonomika.snauka.ru/en/2017/02/13677

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