Financial system of the republic of Sardovia
Introduction of financial system
A FINANCIAL SYSTEM IS A SYSTEM THAT BRINGS TOGETHER FINANCIAL
PARTICIPANTS,MARKETS,PRODUCTS AND SERVICES
Functions of financial system
* Facilitate the flow of funds in order to finance investments by corporations, governments and
individuals.
*Play the role intermediaries and thus determine the flow of funds
* Monitor and regulate the participants in the financial system
Structure of financial system
Financial Market(Capital Market; Money Market; FX Market; Derivatives Market)
Financial instruments;
Financial participants;
Financial regulator;
Financial service;
Capital Market( primary market; secondary market)
Money Market( treasury Bills; certificate of deposit; call/notice money; commercial papers)
Secondary Market( debt Market; equity market)
State Budget
INCOMES
• Mainly composed of taxes-statutory payments that citizens and organizations are obliged too;
Contribute to the state (parts of their income)
COSTS
• Education
• Pensions
• The science and culture
• Army and police
• Security of nature
• Healthcare
Features of finance are the following:
Cash form; distributional nature of relations; distribution of gross domestic product in monetary terms
through financial resources that operate in stock or non-stock forms.
The control function is manifested in the control by society of the production, distribution and
circulation of the economic product. Through the control function you can find out how the proportions
in the diatribution of cash