Template-Type: ReDIF-Article 1.0 Author-Name: Sofiya L. Donskaya Author-Email: Donskaya.sl@mail.ru Author-Workplace-Name: First Class State Councillor of Nizhny Novgorod region, Russia Title: Restrictions and Opportunities of the Budgetary Policy: A View from the region Abstract: This article continues a subject of increase of the budgetary system efficiency and contains a selection of the current conditions of the budgetary process in regions from the point of view of existing restrictions and development opportunities. The author states the opinion concerning the intergovernmental dealings, formation of program budgets, efficiency of budgets cash service. Article contains both conceptual and concrete practical suggestions for improvement of the budgetary policy, increase of regional and local budgets liquidity and considerable economy of budgetary funds for the public and municipal debt service. Classification-JEL: Keywords: budgetary policy, intergovernmental dealings, state and municipal programs, efficiency of the budgetary funds use Journal: Finansovyj žhurnal — Financial Journal Pages: 134-140 Issue: 3 Year: 2014 Month: September File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2014/3/14_3_2014.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:140314:p:134-140