Budget Policy: Concept and Tasks

Abstract

This scientific article, based on the study and analysis of positions of scholars and normative legal acts, highlights the concept and essential characteristics of budget policy. The relevance of the chosen topic lies in the fact that budget policy is closely related to the functioning and development of the state. On the one hand, the state is the organizer and coordinator of budgetary relations, and on the other hand, it is an active participant. Given this, a significant precondition for optimizing the model of budget policy is the comprehensive consideration of factors that influence the content of such a policy. Current realities indicate that some factors are not fully taken into account by the state, as a result of which budget policy is subject to sharp criticism. Of course, it is very difficult to take into account all possible negative factors when forming and implementing budget policy, as this policy intertwines the interests of different social groups of the population, which are often contradictory or antagonistic. Modern realities are burdened by war and, in the future, difficult times of post-war reconstruction of the country.
 The author of the article sets the goal to define the concept of budget policy and its most important tasks.
 The work emphasizes that budget policy combines objective and subjective aspects. The objective aspect of budget policy lies in its existence and influence on the national economy in real economic processes, conditioned by objective economic relations. The subjective aspect lies in the practical development and implementation of measures of budget policy, the effectiveness of which directly depends on the subjects who develop and implement them.
 The main conditions that the state must comply with in shaping budget policy are highlighted. The most important tasks of budget policy are analyzed.
 In general, the author concludes that budget policy is a directed activity of authorized persons in shaping or regulating social relations in the field of formation and use of financial resources necessary to ensure the tasks and functions performed by the bodies of state power, the bodies of power of the Autonomous Republic of Crimea, and local self-government bodies during the budget period.