(Kyiv-Mohyla Academy Publishing House, 2023) Lukianenko, Iryna
An important element of fiscal policy is the timely response to economic cycles, the prevention of economic crises, adherence to maximum limits for the budget deficit and public debt. Issues of medium-term and strategic budget planning hold priority importance. Formulating a long-term strategy and identifying target areas is crucial. However, given the limited budget funds, it is necessary to determine the priority areas of financing to ensure the functions of the state and the socioeconomic development of the country [4]. Managing a budget deficit and developing strategies to balance a budget are crucial aspects of fiscal policy, particularly for governments aiming to maintain financial stability and promote economic growth.
(Kyiv-Mohyla Academy Publishing House, 2023) Lukianenko, Iryna
This Chapter analyses the influence of full-scale invasion on the budget system of Ukraine. The state budget is a fundamental tool that enables governments to allocate financial resources strategically across various sectors for social and economic development. Through the state budget, a government can allocate resources to key areas such as healthcare, education, infrastructure, defense, and social welfare. This prioritization reflects the government's policy objectives and socio-economic goals.