Strategy for Public Finance Development Under the Digital Transformation of Russian Economy

Currently digital transformation of the economy has been taking place in Russia. The article analyzes the problem of public finance development under that context. The needs of the information society and the improvement of IT technologies should determine the strategic goals of budget planning in our country. The main task of the study is to identify the problems of digital transformation and to find possible solutions to them based on the effective use of public financial resources. For example, domestic IT companies need state financial support to carry out their technological developments. The state is directly interested in this, since at present digital transformation is carried out on the foreign technological platforms. There is an acute need to reform the education system, aimed at training highly qualified specialists in the field of IT. The expansion of the public services range provided to the population also requires state financial support. Thus, there is an obvious necessity to improve the public finance strategy that could meet the requirements of the strategy for the digital economy development in Russia.