The current social budgetary expenditures in the republic of kalmykia

Abstract

The article considers the level, structure and dynamics of social expenditures of the budget of the Republic of Kalmykia as the financial basis for social policies of the region. The category “Social Expenditures” is interpreted both in a wide sense (social expenditure funding — public health service, education, culture, etc.) and in a narrow sense when it comes to the expenditures in the section “Social Policies”. For a proper analysis of the expenditure part of the budget, the revenue part was analyzed as well. Some negative aspects related to the formation of the revenue part of Kalmykia’s budget have been mentioned, namely the growth of state debt, low revenue supply (few sources of revenue supply in the region). The main expenditure items of the budget are public education, health service and social policy. The data on the Republic of Kalmykia have been considered in the context of the typology of fiscal capacity and budgetary conditions in other regions. The author concludes that the budget of the Republic of Kalmykia, like most budgets of the federal subjects of Russia, bears the heavy burden of social expenditures which hinders it from becoming a budget for economic development of the region.