Features of the budget organization under martial law

Abstract

The paper is devoted to the characteristics of the functioning of the budget system, as a component of the budget system, in the conditions of martial law, which is one of the most important issues of the viability of our state. The purpose of the paper is to study the peculiarities of the budget system through the functioning of the budget system under martial law, as well as the analysis of key norms of budget legislation that ensure the organization and functioning of the budget system of Ukraine in today's realities. The main difference between the budget system and the budget system is that the budget system is a normatively defined simple set of budgets, and the budget system is, in fact, the functioning mechanism of the budget system. That is, it covers the process of building this system, the procedure for distributing income and expenses within the system, and the competence of bodies to ensure the functioning of the budget system. So, it is possible to distinguish three main components of the budget system, these are the basic principles of the organization of the budget system; allocation of income and expenses between budgets; and powers of the legislative and executive authorities to ensure the functioning of the budget system. Each of these components has its own peculiarities of implementation in the conditions of martial law. Local self-government bodies of all levels play a major role during hostilities. In order to make quick and effective management decisions and ensure the smooth functioning of territorial communities, the Cabinet of Ministers of Ukraine simplified the mechanism of formation and execution of local budgets taking into account the specifics of wartime, expanding the powers of local self-government bodies to make changes to decisions on local budgets, making decisions on the transfer of funds from local budget to the state budget, distribution and redistribution of transfers from the state and local budgets to local budgets.