Expenditures on the national economy in the consolidated budgets of the subjects of the North Caucasus Federal District, 2005-2021: structural analysis

Subject/Topic. The article is devoted to the problem of increasing the budgetary self-sufficiency of the subjects of the North Caucasus Federal District. The expenditures of the consolidated budgets of the subjects of the North Caucasus Federal District on the national economy in the period 2005-2021 are analyzed. Objectives/tasks. To assess the specified expenditures in terms of functional subdivisions and in accordance with their economic content. To quantitatively determine how expenses on the national economy are distributed between the subject and object of public administration in the sphere of the national economy. Methodology. Statistical, structural and expert analyses are used to solve the tasks set in the study. Results. It was revealed that the development of the local business community in the subjects of the North Caucasus Federal District is directly influenced by budget expenditures in only two functional subdivisions of the national economy: "Agriculture and Fisheries" and "Other Issues in the Field of the National Economy". It is shown that on average 20.5%-46.0% and 11.7%-32.7% of the consolidated budget expenditures of the subjects of the North Caucasus Federal District on the national economy in 2005-2015 and in 2016-2021, respectively, were allocated for direct infrastructure and subsidiary support for producers of goods, works and services in these subdivisions. Conclusions/significance. The dynamics and proportions of expenditures of consolidated budgets of the subjects of the North Caucasus Federal District on the national economy contribute to maintaining low levels of their budget self-sufficiency. Application. The obtained results and conclusions are addressed to federal and regional executive authorities and should be taken into account in the process of developing governmental programs for the socio-economic development of the subjects of the North Caucasus Federal District in order to increase their level of budgetary self-sufficiency.