Organizational and Managerial Instruments of Financial Policy in Modern Russia

Objective: The article aims to analyze the organizational and managerial instruments utilized in the financial and economic policies of the Russian Federation. The study focuses on the implementation of policies in the areas of budgeting, taxation, and banking, highlighting the methods used to enhance financial stability and economic growth. Methods: The research is based on a systematic and legal analysis of legislative acts, reports from federal institutions such as the Ministry of Finance and the Accounts Chamber, and policy documents outlining Russia's financial, tax, and customs tariff strategies. The analysis incorporates laws and regulations on budget expenditures, tax policies, and financial oversight mechanisms, alongside the study of financial literacy initiatives. Results: The findings reveal the increasing reliance on command-and-control methods in financial policy to maintain the balance of the budget system and respond to geopolitical challenges. Organizational tools such as budget expenditure reviews, participatory budgeting, and treasury supervision are identified as essential for ensuring the financial sustainability of Russia's economy. Tax incentives, preferential regimes, and banking system support are also highlighted as key instruments for stimulating investment and economic activity. Conclusion: The study concludes that the financial policy of the Russian Federation has become more interventionist, with a growing emphasis on state control and management of financial resources. The legal and organizational instruments discussed play a vital role in protecting Russia's financial sovereignty and promoting economic development. The article recommends ongoing reforms and improvements in the regulation of financial institutions and the promotion of financial literacy.