Modern trends in public budgeting in Ukraine

Abstract

The research is public budgeting in Ukraine. The aim of the study is characterization and analysis of current trends in public budgeting in Ukraine. Methods used in the research process: generalization of the method of comparative analysis, statistical and other research methods. The results of the work. Characterized and analyzed macroeconomic preconditions of fiscal stability in Ukraine. The scope of the results: Ministry of Finance of Ukraine, the Verkhovna Rada of Ukraine. Conclusions. Budgeting is a specific form of budget management, it is important component associated with the development and analysis of budgets, individual budgets and state programs based on alternative options. The budgeting process began to spread to different areas of Finance. Objectives of budgeting are: allocation of budget spending priorities and the evaluation of their effectiveness, optimal allocation of resources between budgets, to adjust for the impact of the budget on the economy and society as a whole to avoid inefficient expenses and unbalance the budget.

Keywords

• public budgeting
• public administration
• public sector
• fiscal policy
• socio-economic development