Cash Plan of Gosbank
Cash Plan of Gosbank
a basic form of planning and regulating money circulation in the country; a document defining the main trends of cash movement, the amounts and sources of cash receipts by Gosbank (State Bank), the amounts and intended purposes of cash payments by Gosbank, and changes in the amount of money in circulation. This document is based on the planned volumes and economic significance of the flows of cash in the national economy, which move mainly from socialist enterprises and organizations to the population (income payments to the population) and from the population to the enterprises and organizations (use by the population of its income for buying goods and services).
The cash plan is prepared yearly and quarterly (with a breakdown for each month) according to the nomenclature shown in Table 1.
All sections of the Gosbank system as well as all enterprises, institutions, and organizations that have accounts of payment or
| Table 1. The cash plan of the USSR Gosbank | |
|---|---|
| Income | Expenditure |
| Sales | Wages |
| Railroad, water, and air transportation revenues | Costs of agricultural state procurements and purchases |
| Taxes and fees | Payments from kolkhoz accounts |
| Rent and payments for municipal utilities | Payments from deposits for nonagricultural procurements and other purposes |
| Local tranportation revenues | Loans for individual housing construction, household acquisitions, and pawnbrokers’ operations |
| Revenues to be passed on to kolkhozes | Assistance to enterprises of the Ministry of Communications |
| Revenues of postal enterprises of the Ministry of Communications | Assistance to savings banks |
| Savings bank revenues | Pensions, allowances, and insurance indemnities |
| Revenues of places of entertainment | Allowances for business trips and management-operational expenses |
| Domestic service revenues | |
| Revenues to be passed on to housing cooperatives | |
| Other revenues | |
| Total | Total |
| Excess of expenditure over income | Excess of income over expenditure |
current accounts with the bank participate in the preparation and execution of the cash plan. The plan is approved by the Council of Ministers of the USSR.
P. P. ROSLIAKOV