UDC 338

THE MECHANISM OF IMPLEMENTATION OF RUSSIA'S BUDGET STRATEGY IN THE CONTEXT OF STRUCTURAL TRANSFORMATION: CHALLENGES AND ADAPTATION PRIORITIES The mechanism of implementation of Russia's budget strategy in the context of structural transformation: challenges and adaptation priorities

Published in Journal of Applied Research · Issue 5 · ELocator: 54-61 · Rubric: ECONOMICS. ECONOMIC SCIENCES.
DOI: https://doi.org/10.34755/IROK.2026.53.25.007
Received: 05.08.2026 Accepted: 12.08.2026 Published: 12.08.2026
The article analyzes the mechanism of implementation of the budget strategy of the Russian Federation in the context of the structural transformation of the economy. Based on official documents of the Ministry of Finance, the Main Directions of Budget Policy for 2026-2028 and statements by the leadership of the Ministry of Economic Development, the key challenges of adapting the budget system are considered: the need for fiscal consolidation, prioritization of expenditures under sanctions pressure, transformation of the economic structure and record savings rate of the population. Special attention is paid to three areas of fiscal policy: the implementation of a structural change plan that ensures investment and productivity growth; fiscal consolidation as a condition for macroeconomic stability and a reduction in the key interest rate; and maintaining economic flexibility through support for entrepreneurship and openness to the outside world. Based on statistical data, two tables are presented illustrating the dynamics of the budget system and structural shifts in the economy. The conclusion is made about the transition from the anti-crisis agenda to strategic management focused on national development goals.
budget strategy, structural transformation, budget consolidation, prioritization of expenditures, fiscal policy, adaptation mechanism
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