Enhancing the effectiveness of the regional financial management system

The most important role in achieving the set goal of forming a socially-oriented economy is played by the regions. Subjects of the Russian Federation with varying degrees of activity carry out activities aimed at improving management systems. The article describes the modern problems of financial management in the regions; The experience is analyzed of the implementation of certain areas of financial management in the regions, in particular social payments and their role in shaping the welfare of society; Measures have been proposed to improve the financial management system of the regions.