Kotolia, D.H. Administrative legal regulation of state loans for municipal budget financation through state securities

Abstract: state loan is one of the instruments for solving the problems, balancing income and spending in the budget. It also has to be taken into account, that when the state loan is used, the capital is used for public needs, not for production. The negative role is related to the growth of direct spending, which in turn, negatively influences the economics.

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