摘要：In April, there was adopted the law on the execution of the federal budget for year 2004; and the legislation currently in force was amended as follows: the Government of the Russian Federation adopted the Concept of improvement of efficiency of interbudgetary relations and the quality of man-agement of state and municipal finances in 2006 through 2008, and the plan of measures aimed at the implementation thereof; there were published the Regulations governing the allocation of subsidies aimed at the compensation of certain expenditures related to the payment of interest on the credits granted by Russian crediting organizations for the purposes of creation of public utilities infrastructure at the plots of land for residential housing construction to subjects of the Russian Federation from the federal budget. By its letter, the RF Finance Ministry approved the procedures governing the applica-tion of the budget classification of the Russian Federation as concerns the charging of certain expendi-tures to the respective items and sub-items of the economic classification of expenditures of budgets of the Russian Federation.
