Abstract
The article examines the formation of public financial policy in post-crisis national economies in foreign countries: special attention is paid to the implementation of public financial policy in countries such as Belgium, Australia, Canada, and also describes the experience of Norway, Germany, Japan, New Zealand). The author of the study gives the opinion that it is budgetary policy as part of financial policy that plays a priority role and is the main tool in solving problems and tasks in the post-crisis period, and also puts forward the basic priorities of responsible budgetary policy in the social sphere in conditions of macroeconomic instability, including within the framework of the Great Isolation. The article concludes that the best foreign practices in post-crisis economies are associated with the reorientation of public spending to support national economies and the creation of favorable conditions for improving the welfare of citizens, the growth of enterprises, entrepreneurship. Foreign practices are represented by a set of measures of the governments of these countries (socio-economic programs, subsidies, investments, etc.).
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