FEATURES OF THE FORMATION OF THE BUDGET UNDER THE CONDITIONS OF MARITAL STATE

Abstract

The article is devoted to the substantiation of scientific approaches to the formation of the state budget in the modern conditions of Ukraine's martial law. The object of the study is regulatory and analytical support for the formation and implementation of the budget as an integral basis of macroeconomic forecasting. The purpose of the work is to study the key issues related to the formation of the budget and outline the main directions for increasing its role as a financial basis for ensuring the economic development of the country with an emphasis on the main priorities of budget expenditures in the conditions of martial law. The research method is a theoretical and analytical substantiation of the processes of formation and implementation of the country's budget in the conditions of martial law. In the period of long-term martial law in Ukraine, when processes of reducing revenues and expenditures of various types of budgets are taking place at the same time, this indicates the extreme urgency of taking into account a number of features regarding the formation and implementation of the country's budget with justification of all real sources of resource provision. The scientific article summarizes the issues of the role and place of the budget in the system of macroeconomic forecasting, considers the actual aspects of the implementation of the budget according to its main components for a number of years and during the period of military operations on the territory of Ukraine, and proposes an algorithm in compliance with the principle of balance, which is decisive in the budget system. The authors proposed their own vision of the economic content of the budget as a category in the conditions of martial law, with further interpretation of this concept in the corresponding, soon-to-be-created regulatory framework for the regulation of budgetary relations and budgetary restrictions on the formation and use of budget resources in wartime conditions, as a separate of the section in the Budget Code of Ukraine.