A number of recent reforms in the Russian intergovernmental system have been initiated. The power of regional governors has been circumscribed – marking them more amenable to central control. A new federal hierarchy at the regional level has been created to better monitor and execute federal spending. A unified treasury is expected to generated information on all government spending and thus circumscribe the corruption and rent-seeking at subnational levels. Steps have also been taken to limit unfunded mandates, and eliminate mutual settlements and offsets. The government has also moved from a reliance on revenue-sharing to assign 100 percent of the VAT to the center, and assign income taxes to subnational governments. Also the transfers system has been streamlined and consolidated, with better equalization and targeting.