The cumulative monetary-financial system meaning set of economic

The cumulative monetary-financial system meaning set of economic relations, money resources and the institutes providing in reproductive process creation and movement of cost of a public product by application of kinds, forms and organization and management methods monetary flows of participants of public reproduction.

The Concept "financial system" covers set of relations on which basis corresponding financial resources and also bodies, organizing these relations are formed and used

F i n a n c i a l s y s t e m The nationwide finance State budget Republican budget Local budgets: ( Budgets of areas, urban, regional State credit Special offbudget funds State Debt ( Internal, external) National fund RК, State accumulation pension fund, State fund of social insurance, Investment fund, Innovation fund, (others) Cee n t r a l i z e d f in a n c e o f R e p u b l i c o f K a z a k h s t a n Finance of enterprises and organizations Finance of sphere of material manufacture (real sector) Finance of agricultural industry, the mining industry; processing industry; productions and distributions of the electric power, gas and water; buildings; hunting and forestry; fisheries, fishbreeding Finance of service sphere Trade finance; transport and com-munication; services in car repairs and items of house using; hotels and restaurants; financial services; operations with real estate, rent and services to the enterprises; public administration; formations; public health services and social services; other municipal, social and personal services; services in housekeeping conducting; financial intermediation services. De c e n t r a l i z e d f i n a n c e Fina nce of h ouseholds eco – no– my (p op ula– ti– o n)

F i n a n c i a l s y s t e m S u b s y s t e m s Ta Bu- Ex-te x d- -rnal get economic Basic subsystems Financial plans (forecasts), accounting, statistics Normative and legislative support S u p p o r t Financial contr ol Automated financial management Personel maintenance i n g s u b s y s t e m s

Principles of the organization of a financial system 1. A centralism and democratism combination in the financial system organization 2. Observance of national and regional interests. 3. The principle of unity of a financial system 4. The principle of functional purpose of separate components of a financial system

Financial policy is a set of purposeful intentions and measures conducted by the state and other economic agents in the field of finance for realization of functions and tasks. Financial policy is subdivided into financial strategy and financial tactics. The fiscal policy – that is tax-budget policy of the state is derived

The contents of financial policy of the state is systematic organi-zation of finance in view of action of economic laws and according to tasks of development of a society Kinds of policy: tax, budget, state borrowing, enterprises and organizations, external economic

The financial policy of Kazakhstan The purpose of financial policy in conditions of Kazakhstan is development of measures and their embodiment through financial mechanism maintenance of steady economic growth on a basis industrial-innovation development, structural reorganization of a national economy, activization of foreign trade activities by integration of a national economy in a global economy, uninterrupted and increased financing of the social programs. Thus financial policies and mechanism should supply social protection of population in market processes from inflation, unemployment, loss of the incomes.

Financial mechanism represents system of kinds, forms and methods of organization, planning and management of finance. Kinds of financial mechanism tax, budget, financial planning, management of finance, financial-legal, state-credit, enterprises and organizations, external economic, insurance.

The financial mechanism embodies the planned financial measures in concrete, address, real results – extended reproduction of financial resources which are included in structure of cost all numerous elements of a public product, nonmaterial boons, services and values at all levels and in spheres of publiceconomic life.

The structure of financial mechanism (from the contents of finance) 1) mechanism of public finances; 2) mechanism of enterprises and organizations; 3) the mechanism of finance of households; 4) the financial market mechanism; 5) insurance mechanism.

(functional parts): 1) mobilization of financial resources; 2) financing; 3) regulation; 4) stimulation

Financial norms and specifications (used in current planning) Specifications of distribution of financial resources (macroeconomic specifi-cations: the rates of taxes, norm Funds of financial of deductionsof maintenance in funds) reproduction and stimulation of Organization management of finance The legislative and normative acts regulating financial relations Financial control Financial parameters Financial indicators Financial forecasts, plans and balances The scheme of a system of financial mechanism F I N A N C I A L M E C H A N I S M (S Y S T E M) S U B S Y S T E M FINANCIAL LEVERS AND ORGANIZATIONAL PLANNING(FOSTIMULUS STRUCTURE AND RECASTING) LEGAL MODE B L O C S E L E M E N T S (concrete names appropriate to subsystems and blocks of primary, initial kinds, forms, methods of organization of the financial relations, ways of their quantitative definition)