revenues, expenditures, state budget, needs, financing
Abstract
This article highlights the main problems of financing Ukraine's needs in the conditions of war and economic instability. Macroeconomic indicators and financial security of the state budget are considered. The key factors influencing the financial system of the state are identified and the dependence of the budget on international assistance is analyzed. This study was based on the implementation of analytical calculations related to the review of the macroeconomic situation in Ukraine in general and the debt burden in particular. At the next stage, the structure and dynamics of state revenues were studied. A separate component of the study was an analytical review of the expenditure part of the budget and sources of its financing.Based on the results of the study, a number of measures were proposed to financially meet the needs of Ukraine in the future. To ensure financial stability and reduce the debt burden, it is necessary to implement comprehensive measures, alternative sources of financing, in particular, to use the model of «debt-for-climate» exchange, to expand the domestic borrowing market, to introduce public-private partnership models, etc. The necessity of effective management of debt policy to ensure financial stability of Ukraine is substantiated.
Author Biographies
Olha Liakhovych, National University of Water and Environmental Engineering, Rivne
Candidate of Economics (Ph.D.), Associate Professor
Valentyn Vysotskyi, National University of Water and Environmental Engineering, Rivne
