Encyclopedia
The Principle of General Coverage of Budget Expenditures
The principle of general coverage of budget expenditures means that budget expenditures cannot be linked to specific budget revenues and sources of financing the budget deficit, unless otherwise provided by law (decision) on the budget in the part relating to: subsidies and grants received from other budgets of the Russian Federation budget system; funds from targeted foreign loans (borrowings); voluntary contributions, donations, and citizen self-assessments; expenditures carried out in accordance with international agreements (treaties) involving the Russian Federation; expenditures carried out outside the territory of the Russian Federation; certain types of non-tax revenues proposed for introduction (reflection in the budget) starting from the next fiscal year1.
Federal Law No. 63-FZ of April 26, 2007, "On Amending the Budget Code of the Russian Federation in Respect of Regulation of the Budget Process and Bringing Certain Legislative Acts of the Russian Federation into Conformity with the Budget Legislation of the Russian Federation," as amended on August 2, 2019, Article 1, Subparagraph 20 // RSZ. 2007. No. 18. Art. 2117. ↩