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PROBLEMS OF MODERN ECONOMICS, N 2 (30), 2009
FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES
Pashkus V. Yu.
Assistant professor, Chair of Economic Theory and Economical Politics,
St.Petersburg State University,
Candidate of Science (Economics)

Timokhina E. A.
PhD student, Chair of Finances,
Academy of Budget and Treasury, Ministry of Finances of the Russian Federation


Significance of the budget stability for financing of the socio-cultural sphere in Russia
The article focuses on the notion of budget stability, shows general principles of its achievement on the basis of the Code of Fiscal Stability (Great Britain), and singles out consequences of budget stability for financing of the socio-cultural sphere in Russia
Key words: budget, finances, stability, socio-cultural sphere, crisis, politics, economy



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