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BUSINESS INFORM №12-2017

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19

Section: Mechanisms of Regulation of the Economy
UDC 336.512
Pasichnik V. A.
The Budget Policy in the Context of Economic Transformations (p. 126 - 131)

The article is aimed at disclosing the essence and role of budget policy in the system of socio-economic development of country, defining the institutional approach in the process of its formation and implementation, based on changes in the public environment. The socio-economic development of society at this stage requires the use of budgetary policy as an effective instrument for the State regulation of economic and social relations. It is important to determine the priorities of the budget policy, including the medium-term perspective, based on the basic principles of the socio-economic development of country, improvement of the State regulation in the sphere of generation of budget income, the planning and usage of budget expenditures, the inter-budget relations, which will increase the efficiency of functioning of the economic and budget system as a whole.
Keywords: budget, budget system, budget policy, budget regulation, economic transformations.
Bibl.: 10.

Pasichnik Vladimir A. – 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:
Pasichnik, Vladimir A. (2017) “The Budget Policy in the Context of Economic Transformations.” Business Inform 12:126–131.


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