The financial system. The state budget.

Finances are an aggregate of relations of productions of subjects concerning motion of funds of monies in economic circulation.

Efficiency of financial activity is determined the measure of performance of objectives, standings before her. At macroeconomic level the basic tasks of finances it is been: providing to balanced of all levels of economy and maintenance of optimum rates of its development, realization of effective social policy, guaranteeing of national safety in all aspects - military, economic, ecological, informative, etc.

A market of money is making financial market. A financial market is provided by moving of streams of funds of monies from their owners to the users. Motion of funds of monies at the financial markets passes through the channels of the direct and indirect financing. The channels of the direct financing are provided by the capital financing (issue of usual equities), financing by the receipt of loans (bonding), and gratuitous having a special purpose financing. The channels of the indirect financing provide financing of economy through financial mediators (jars, mutual money-market funds, insurance companies).

Finances of country are organized on the basis of the financial system.

The financial system is an aggregate of different spheres (links) of financial relations, each of which is characterized the features of forming and use of funds of facilities of monies, different role in public reproduction.