EFFICIENCY AND LIQUIDITY OF BUDGET FLOWS MANAGEMENT IN UKRAINE
DOI:
https://doi.org/10.32782/2786-8273/2023-2-11Keywords:
budget flows, budget, efficiency, liquidity, income, expenditure, deficit, martial lawAbstract
Introduction. Management of budget flows nowedays takes place in extremely difficult conditions for the entire history of Ukraine's independence, which resulted from full-scale aggression by the russian federation and the introduction of martial law in Ukraine. Purpose. The purpose of the article is to identify and outline possible directions for effective and liquid management of budget flows to overcome the negative consequences of the development of the financial system in the conditions of martial law in Ukraine. Methods. Methods of analysis and synthesis were used in the assessment of indicators of income, expenditure and deficit of the State Budget of Ukraine. Historical and logical approaches were used in determining the factors influencing the management of budget flows in the conditions of martial law in Ukraine. Results. The features of budget flow management, which should be aimed at targeted, transparent, effective formation and using the budget funds for result-oriented financial support of military and other priority goals, are considered. An assessment of the revenues, expenditures and deficit of the State Budget of Ukraine was carried out, and possible directions for improving the management of budget flows were outlined. Balancing the incoming and outgoing flows of budgets will make it possible to respond promptly and promptly to the needs of financial support of various spheres and industries during the period of martial law. The effectiveness of financial flow management must be strengthened by ensuring their liquidity. Improving liquidity management involves the implementation of a set of coordinated directions, the implementation of which will prevent the undesirable consequences of the development of the financial system of Ukraine in the war and post-war period. Conclusion. Measures aimed at ensuring the efficiency and liquidity of budget flow management are: openness and transparency of financial flows of state and local budgets; creating opportunities for the state and local self-government bodies to make forecasts as accurately as possible in the conditions of the medium-term structure of costs; improving the interaction of managers and recipients of budget funds with the bodies of the Treasury of Ukraine.
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