graduate student from 01.01.2023 until now
Russian Federation
UDC 33
This study provides a definition of the concept of «budget liquidity management»; describes the forecasting process as one of the key elements of budget liquidity management; presents a classification of budget liquidity management models based on the level of development of forecasting mechanisms; provides a retrospective description of the development of forecasting in budget liquidity management in Russian practice; and suggests potential areas for developing forecasting practices within the framework of budget liquidity management by the Treasury of Russia.
budget liquidity management, forecasting, Treasury of Russia (Federal Treasury), treasury single account (TSA), system of treasury payments
1. Sidelnikov A. S., Theoretical aspects of liquidity management in the budget system // Auditor [Teoreticheskie aspekty upravleniya likvidnostjyu v byudzhetnoj sisteme // Auditor], 2024, vol. 10, no. 6., pp. 36-42. DOI:https://doi.org/10.12737/1998-0701-2024-10-6-36-42 (in Russian);
2. Cangoz M. Coskun, Secunho L. Cash Management – How do Countries Perform Sound Practices? World Bank, 2020. 38 p. URL: https://documents1.worldbank.org/curated/en/403731603139041759/pdf/Cash-Management-How-do-Countries-Perform-Sound-Practices.pdf;
3. Public Expenditure Management Peer Assisted Learning network (PEMPAL) : official website. – Treasury Single Account and Liquidity Management in PEMPAL Member Countries [Kaznachejskoe soobshchestvo PEMPAL : ofitsialnyj sajt], 2021. 44 p. URL: https://www.pempal.org/ru/events/videoconference-thematic-group-cash-management (accessed 10.03.2026);
4. Ministry of Finance of the Russian Federation. Public Finance Management: International Experience in Implementing Best Practices [Ministerstvo finansov Rossijskoj Federatsii. Upravlenie obshchestvennymi finansami: mezhdunarodnyj opyt realizatsii printsipov luchshej praktiki], Moscow, 2017. 600 p. URL: https://www.minfin.ru/common/upload/library/2018/04/main/Sbornik.pdf (in Russian);
5. Cangoz M. Coskun, Storkey I., Bae D.-J., Redelinghuys J. PEMNA Treasury CoP In-Depth Research: Cash Management and Optimization, PEMNA, Seoul, 2022. 112 p. URL: https://www.pemna.org/bbs/Publications_Research_In-Depth/view.do?nttId=B000000001350Mu3lQ3i&mno=Publications_Research_In-Depth;
6. «Budget Code of the Russian Federation» dated July 31, 1998, No. 145-FZ (as amended on December 28, 2025) [«Byudzhetnyj kodeks Rossijskoj Federatsii» ot 31 iyulya 1998 № 145-FZ (red. ot 28.12.2025)] (in Russian);
7. Prokofyev S.E. Strategic Directions for the Development of the Russian Treasury in the Field of Expenditure and Operational Activities // Finance [Strategicheskie napravleniya razvitiya Kaznachejstva Rossii v sfere raskhodno-operatsionnoj deyatelʹnosti // Finansy], 2021, no. 2, pp. 3-8. URL: http://elib.fa.ru/art2021/bv164.pdf (in Russian);
8. Order of the Federal Treasury dated March 31, 2020, No. 13n «On the Procedure for Forecasting the Movement of Funds on the Treasury Single Account» [Prikaz Federalʹnogo kaznachejstva ot 31 marta 2020 g. № 13n «O Poryadke prognozirovaniya dvizheniya sredstv na edinom kaznachejskom schete»] (in Russian);
9. Isaev E.A., Gusarova L.V., Fedchenko E.A. Fundamental Problems of Cash Management Development in the Public Sector // Finance: Theory and Practice [Fundamentalnye problemy razvitiya kesh-menedzhmenta v gosudarstvennom sektore // Finansy: teoriya i praktika], 2026, no. 1, pp. 242-264. URL: https://cyberleninka.ru/article/n/fundamentalnye-problemy-razvitiya-kesh-menedzhmenta-v-gosudarstvennom-sektore (in Russian);
10. Treasury of Russia : official website [Kaznachejstvo Rossii : ofitsialnyj sajt]. URL: https://roskazna.gov.ru (accessed 10.03.2026);
11. Central Bank of the Russian Federation : official website [Tsentralnyj bank Rossijskoj Federatsii : ofitsialnyj sajt]. URL: https://cbr.ru (accessed 10.03.2026).
