State and municipal credit.

Introduction In order to ensure financing of the diverse needs of society, the state can bring to cover their costs free financial resources and economic structures of the population. The main way to get a government loan. In the implementation of public credit operations inside the country, the Government usually is the borrower of funds, and the population, companies and organizations - the lenders. In the sphere of international economic relations, the state acts as the role of borrower and lender. Features of the state credit are in repayment, maturity and interest payment loan funds available. However, these relationships should not be confused with a bank loan. A distinctive feature of bank lending to businesses is a productive use of loan funds (or for the development of social infrastructure in production teams). The use of credit as capital creates an increase in the cost of manufactured surplus. When the State Credit borrowed funds accrue to the state authorities, turning in their additional financial resources. They are sent, usually to cover budget deficits. The source of repayment of government loans and interest payments on them are the means of the budget. State credit is part of the financial relations of society. In our work we consider the features of state and municipal credit.

Introduction 3 1.The concept and importance of state and municipal credit 4 2.The goals and functions of government (municipal) credit 7 3.State (municipal) credit and public debt 8 Conclusion 14 Bibliography 15

1. Financial Law / E.J. Grachev, E.J. Sokolova. Moscow, 2000. 2. Financial Law: Tutorial / N.I. Himcheva. Moscow, 2004. 3. Financial Law: Tutorial / O.N. Gorbunova. Moscow, 2004. 4. Finance: Tutorial for IHE / L.A. Drobozina. Moscow, 1999.