Financial Sovereignty and Financial Security in the Public Finance Management System

Abstract

The article examines the main directions of the development of financial sovereignty and financial security of the Russian Federation in the system of public administration. The analysis of the impact of the main parameters of financial security on the financial system of the country is carried out. It is noted that sovereignty presupposes not only internal, external, economic, political, and financial independence, but also the stability of the financial system and all its elements. Based on the analyzed material, it is concluded that financial law has received a new impetus for development, including new prospects against the background of global changes, given the current world order: the subject of regulation is expanding, innovative methods of influencing public relations are emerging, and the need to strengthen the principle of unity of public authorities is increasing.