The article analyzes the financial system of Russia, which is a key element in regulating a market economy and the perfection of which determines the pace of economic development. Federal Law No. 172-FZ “On Strategic Planning in the Russian Federation” adopted by the State Duma of the Russian Federation on June 28, 2014 was supposed to help the government, but any planning is possible only if there are a plenipotentiary body, models and regulatory framework. The author offers a number of steps to create a quality regulatory framework for planning.

In article mistakes of “the generalized government” on an interval of 2008 – 2016 are considered. It is claimed that they have system character owing to gross blunders in a design of an economic mechanism and incompetence of the head of the government. The conclusion is drawn that local measures it is impossible to change negative tendencies. Change of a control system of economy and creation of a new State Planning Committee is necessary. At the same time the market relations and the relations of property shouldn’t be broken. The designs regulating and planning development of the national economy in the economic developed countries exist for a long time and we need to use their experience only. Specially selected group of scientists, but not the government has to be engaged in reform.