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Development of federal and regional legislation on interbudgetary relations and sub-federal finances
The Andrew Young School of Policy Studies teamed up with the Institute for the Economy in Transition and the Fiscal Policy Center to build on its considerable experience as one of primary technical assistance provider to the Russian government in the area of fiscal decentralization and intergovernmental fiscal relations. The project provides technical assistance to the Russian Federation Ministry of Finance and is funded by a loan from the World Bank. The project's overall aim is to increase the effectiveness of regional and local government bodies in promoting economic development and providing public services. Achievement of this objective requires solution of two related problems: (i) supporting the development and implementation of rational and responsible financial and economic policies by regional and local government bodies; and (2) increasing the financial, institutional, and organisational capacity of regional and local authorities to develop and implement effective budget policies and financial management reforms. Activities covered by this project include the analysis of current federal legislation, evaluating proposals for the reform of federal legislation related to intergovernmental fiscal relations; developing and assessing relevant draft laws and other applicable regulations; rendering consultant services to stake-holding ministries and agencies; and providing seminars and conferences on relevant fiscal decentralization topics.
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