Abstract
The purpose of the article is to study the theoretical foundations of budget security, highlight threats and directions for its strengthening, as well as an carry out an indicative analysis of the security situation in the budget sphere of Ukraine. Examining and summarizing the scientific works of many scholars, both economists and theorists, the authors’ own definition of the economic essence of «budget security» is developed. The basic foundations of theoretical identification of budget security of the State are allocated and substantiated. The indicators for assessing the level of budget security are outlined and the input information for their calculation is provided. The input information is analyzed to calculate the indicators of the state of budget security of Ukraine in 2016-2021. Critical and optimal values of indicators are highlighted. A list of indicators for determining the state of budget security of Ukraine in 2016-2021 was put to calculation. As a result, an integral indicator of Ukraine’s budget security was calculated. The level of budget security of Ukraine for 2022-2024 is prognosticated. Threats to ensuring the optimal level of budget security of Ukraine are allocated. It is proved that the main threats to Ukraine’s budget security can be determined by examining the ratio of total payments for servicing and repayment of public debt and the State budget revenues. The key directions of strengthening the budget security of our State have been identified. It is proved that ensuring the budget security of the State is one of the major tasks of implementing the strategic guidelines of the country’s development programs. Prospect for further research in this direction is to determine the degree of influence of business entities and the State institutions on the mechanisms for ensuring budget security. Further study and research of budgetary relations in the field of budget security can lead to the strengthening of traditional budget management.
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