Providing budget credits to Russian regions

The state budget of the Russian Federation can be called the primary means of accumulating financial resources in the country. Giving cash is seen as a measure to prevent the country's financial crisis. Public lending is its basic form. Nevertheless, in spite of the scientific and practical significance of the Russian Federation Public Credit, the issue has not been studied. These circumstances suggest that there are many unresolved issues in the field of public credit Russian Federation. Relevance of the topic of this article is revealed when considering the peculiarities of the legal regulation of public credit of the Russian Federation. In this article the author attempts to develop a series of recommendations to improve legislation at both the federal and regional levels. The growth of the budget deficit in the Russian Federation determines the need to find all the possible sources of financing, the most important of which acts as a budget loan, which refers to "funds provided by the budget to another budget of the budget system, the legal entity (except for state (municipal) institutions), a foreign state, foreign legal entity on a returnable and paid basis "(art. 6 of the Budget Code of the Russian Federation)