СУТНІСТЬ ФІСКАЛЬНОЇ ПОЛІТИКИ

Abstract

The article is devoted to understanding the essence of fiscal policy by comparing it with budget and fiscal policies. After all, the lack of unity in scientific circles on the content of the above terms causes an insufficiently comprehensive approach in the scientific substantiation of domestic practice of formation and implementation of fiscal policy in Ukraine. The aim of the article is to clarify the semantics and content of the concept of "fiscal policy". To achieve this goal, the following research methods were used: analysis, synthesis, comparison, logical generalization. The article proves that the concepts of "fiscal policy" and "fiscal policy" are essentially synonymous. The incorrectness of the use of the term "fiscal policy" is substantiated. The semantics of fiscal policy as an integral part of financial policy, which: is carried out in the process of financial relations for the formation and use of the budget fund; is realized with the help of technology of achievement of target landmarks through performance of functions; provided through the budget process and the process of managing financial relations; identified with the use of functional-target approach The content of fiscal policy is studied through the prism of functional and target approaches. This allowed to reveal the essence of fiscal policy through the activities of the state on: 1) substantiation of the concept, identification of goals and definition of tasks outlining the methods of their solution in the field of formation and use of the budget fund; 2) practical implementation of measures to ensure the achievement of the goal of managing budgetary relations through the budget process. It is proposed to understand fiscal policy as an integral part of financial policy, which: is carried out in the process of financial relations for the formation and use of the budget fund; is realized with the help of technology of achievement of target landmarks through performance of functions; provided through the budget process and the process of managing financial relations; identified using a functional-target approach. The expediency of further research in focusing on the studied history of the formation and development of fiscal policy in terms of functional and targeted approaches is substantiated.