FINANCIAL POLICY IN RUSSIA

The article presents the theoretical foundations of financial policy, taking into account the diverse views of scientists from the existing trends and schools in economics. This made it possible to look at the Russian financial policy from the position of a theoretical approach to determining its essence and focus on socio-economic results. The principles on which the financial policy is formed are considered. The most important among them is the conscious use of objective economic laws for the development of the economy and the need for the state to adopt laws that correspond to the fundamental interests of the people. The importance of balancing economic interests with the help of financial policy is emphasized. At the same time, modern challenges of the time are identified, depending on the development trends of the national and world economy, among which the primary one is financing the modernization of the economy. The most important parts and goals of financial policy are identified: political, economic and social. The main types and types of financial policy are considered: financial strategy and tactics, current and long-term, income policy, spending policy, anti-inflationary and inflationary, etc. The constituent elements of financial policy are shown - budgetary, monetary, investment, international. The class character of the Russian financial policy, the main sources of finance and their distribution in accordance with the interests of the existing classes of society are emphasized. The financial strategy of Russia is analyzed, which should take into account various threats to the stability of the country's financial system that arise in the external and internal spheres, and should ensure the financial security of the country. Then the acute problems of modern financial policy are analyzed: acute contradictions in tax policy, where the principle of justice is violated; shortcomings of the policy of the Central Bank, causing significant restrictions on investment in the economy and weak targeting of inflation; the problematic nature of budget policy with its insignificant role in the development of advanced sectors of the economy and weak social orientation is revealed; the low role of the stock market as a mechanism for the overflow of capital is shown. Conclusions are drawn about the need for socio-economic reforms.