Content and principles of public finance management using modern information technologies

Abstract

A comprehensive analysis of the public finance management system transformation in the context of active digitalization has been carried out. The key principles and content of this process have been systematized, among which transparency, data integration, automation, and citizen engagement are of priority importance. The author studies in detail the role of modern technologies such as artificial intelligence, blockchain, big data, and digital platforms in improving efficiency, accountability, and sustainability of the budget system.

The main study result is the conclusion about forming a new, synergetic management model, where a combination of technologies allows moving from retrospective control to predictive risk analysis and proactive planning. Using the example of Russian practice, in particular the Electronic Budget State Information System, its system-forming role in ensuring end-to-end transparency of the entire budget cycle, minimizing transaction costs, and creating technological barriers to corruption has been proved.

Of particular practical importance is the revealed systemic contradiction: despite the high technological potential, its implementation is hindered by organizational barriers such as departmental fragmentation, lack of digital competencies, and resistance to change. The necessity of parallel deep institutional reforms has been substantiated in order to fully realize the advantages of digital transformation in public finance.