Financial assistance of the Russian Federation for the socio-economic development of the republic of South Ossetia

The article deals with the problem of the unrecognized state of the Republic of South Ossetia and its existence in the conditions of international isolation. It was noted that the Russian Federation, within the framework of agreements on cooperation and mutual assistance, provides more than 80% of the financial assistance to the Republic of South Ossetia, including for the strategic goals of the socio-economic development of the young state. At the first stage of the study the financial mechanism as a way to create favorable conditions for the realization of goals and objectives of socio-economic development with the participation of the Russian Federation of the Republic of South Ossetia in conditions of international isolation is considered. At the second stage of the study, an assessment of the contribution of the financial assistance of the Russian Federation to some indicators reflecting the phenomena and processes taking place in the economic and social life of the republic was made.