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 sub-national 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 sub-national governments. Also the transfers system has been streamlined and consolidated, with better equalization and targeting.