BUSINESS INFORM №9-2017

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Section: Finance, Money Circulation and Credit
UDC 336.143
Hrebenyk K. V.
The Budget Policy as a Component of the State Regulation of Economy (p. 193 - 198)
The article is aimed at defining tendencies in budget policy as an instrument for the economic growth of country and substantiating the importance of a coherent budgeting system in the current conditions of European integration. The volumes of budget expenses for economic activities with their share of the gross domestic product and the total expenditure of the consolidated budget for 2010-2016 were analyzed. Both the characteristics of formation of the consolidated budget expences and their impact on economic activities have been defined. The reserves for improved efficiency of budget policy have been substantiated. The article takes a further step in developing the ideas of the need for financial provision for national production, support for leading industry sectors and financing of scientific innovation research, which altogether should be directed towards stimulating the economic development of country and improving the welfare of citizens. Conclusions were reached on the need for structural changes in the sphere of the State regulation of the country’s economic growth.
Keywords: budget, budget policy, budget expenditure, budget revenues, budget regulation, economic development.
Fig.: 2. Bibl.: 9.

Hrebenyk Kseniia V. – Postgraduate Student, Department of Finance, Kyiv National University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: [email protected]

Article is written in Ukrainian
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Reference to this article:
Hrebenyk, Kseniia V. (2017) “The Budget Policy as a Component of the State Regulation of Economy.” Business Inform 9:193–198.

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