Principles of formation of fiscal space

The article raises the urgent problem of formulating the principles of fiscal space, the idea of the formation and development of which originated at the UN summit when the Global Millennium Goals were approved. The author generalizes the principles of fiscal space, which are being transformed simultaneously with changes in approaches to the definition of the concept itself. To streamline the relationships formed by economic entities within the fiscal space, a faceted typology of principles is proposed, which takes as a basis the principle of flexibility, which is not enshrined in the legal field, but is proposed as a basic idea in the formation of the fiscal space. Faceted typology is represented by the principles of constructing the budget system, the principles of sustainable development and the principles of planning as independent classification groups included in a single set of elements of the fiscal space.