National payment system and financial security provision

Abstract

The problem of ensuring the financial security of the state has worsened against the backdrop of the introduction of anti-Russian sanctions in 2014. In this connection, it became necessary to create financial instruments to reduce the impact of "financial" threats and ensure the sustainable functioning of the financial system. Financial security is one of the key factors of economic security, since it is based on ensuring the smooth functioning of the financial system of the country. The financial system, in turn, has an impact on all sectors of the economy through credit-monetary and commodity-money relations and the banking system. The Decree of the President of the Russian Federation of May 13, 2017 "On the Strategy of Economic Security of the Russian Federation for the period until 2030" addresses threats to economic security, including through indicators of the financial sector of the economy, the main tasks related to the sustainable development of the national financial system as an important component of the financial economic security. This paper deals with the national payment system as the factor of development of the state economy and the tool of formation of financial safety, and maintenance of steady functioning of national payment system. In the context of Russia's integration into the global financial system, the effectiveness of the national payment system (NPS) is one of the strategic state tasks.