Abstract
Purpose and aim of the study: the research aim is to evaluate the factors influencing state financial policy, their socio-economic impact, and assess Latvia's fiscal policies.Design/Methodology/Approach: he study uses monographic, logical constructivism, content analysis methods, and comparing opinions and concepts. The article is based on theoretical knowledge, studies of foreign and Latvian authors, as well as Latvian laws and other regulatory documents on the relevant issues. Main findings: The research highlights the main challenges in the making of state financial policies. The research identifies the most important factors that need to be considered when making state financial policies.Originality: The research takes a comprehensive approach to the analysis of state financial policies. The study uses a variety of data sources and methodological approaches.Implications: The findings of the research can be used to inform the development of more effective state financial policies. The study provides a valuable resource for policymakers, researchers, and practitioners.
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