Abstract

The research analyzes the practice of anticrisis support of the subnational level in foreign countries and Russia. The influence of the anticrisis budget policy of the federal center on the balance and sustainability of regional budgets in Russia is assessed. The features of the effectiveness of intergovernmental transfers and budget loans to sub-federal budgets are revealed. It is recommended to take into account the results obtained in the anticrisis support of the regions, as well as to introduce mechanisms that increase the flexibility of federal budget rules to the parameters of subnational finances.