Features of Financing and Management of the Social Protection System in Ukraine

Abstract

The article considers the features of financing and management of the social protection system of the population of Ukraine in a market economy. The directions of budget financing of the social sphere during 2010-2017 are determined. Activities for the social protection of the population are a mandatory component of any modern state. In general, social protection activities cover the area of material support and provision of social services to disabled people. The grouping of expenditures on social protection and social security by different categories according to the OECD database has been studied. Transfers in monetary and non-monetary forms to the population in the consolidated budget of Ukraine are analyzed. The dynamics of the population with average per capita equivalent total income per month, lower than the statutory subsistence level for 2010-2019, is analyzed. The modern problems of financing and management of the sphere of social protection of the population in Ukraine are revealed and the ways of their overcoming are outlined.