Improving the directions of regional financial policy using the example of the Volgograd region

The article analyzes well-known approaches to the essence of the state’s financial policy and the directions of its implementation. Particular attention is paid to regional investment policy, the importance of its development for the subjects of the Federation and the state as a whole is proven. When analyzing the regional financial policy of the Volgograd region, a brief description of the region is given, the main provisions and policy directions of the constituent entity of the Russian Federation are revealed, and an analysis of the main financial indicators of the region in dynamics is provided. For a comprehensive assessment of the financial policy of the Volgograd region, existing rating systems based on an assessment of the investment attractiveness of the region were studied. The relationship between the position in the ranking of regions of the Russian Federation and the volume of investment in fixed capital is analyzed. Based on the analysis, promising ways of developing the regional financial policy of the Volgograd region are proposed.