Bìznes Inform (Oct 2018)
The Features of Budgetary Financing of Social Functions of the State at the Present Stage of Ukraine’s Development
Abstract
The article is aimed at determining the essence and specificity of budgetary financing of the State-guaranteed social services, substantiating the directions of improving the mechanism for budgetary financing of social functions of the State at the present stage of Ukraine’s development. Features of budgetary financing of social functions of the State in Ukraine are considered. The dynamics of financing of expenses of the consolidated budget of Ukraine in recent years are analyzed. In view of the results of the analysis based on the mathematical model, in accordance with a number of dynamics, the author calculates nominal and real size of the budget to ensure sustainable development of social functions in Ukraine. It is proved that in recent years budgetary financing of social functions of the State in Ukraine has gradually increased. Much of the expenditure is directed towards social protection and social security of the population, which leads to further budgetary exertion. The progress of further research is directed towards bringing the need to focus on the quality of living conditions of the country's citizens in the development of future budget projects, taking into consideration the system of budgetary planning because the amount of budget execution depends on the proportional definition of the planned indicators.
