INTERCONNECTION OF MACROECONOMIC INDICATORS AND PARAMETERS OF THE THREE-YEAR REPUBLICAN BUDGET

Abstract

The article examines the main parameters of the draft republican budget for 2021-2023, developed in accordance with the Forecast of the country's socio-economic development and the possibility of financing the social sphere. The baseline scenario was taken as the basis for preparing the draft republican budget for 2021-2023, which assumes moderate growth rates of the world economy, a gradual increase in demand, a less volatile situation in external exchange markets and the adaptation of economic policy to the new realities of global development. At the same time, stable and progressive economic dynamics is expected due to a higher increase in gross capital formation, moderate and sustainable growth in consumption and exports. The research methodology consisted of the use of methods of comparison and calculation of dynamic indicators characterizing both the forecast indicators of budgets and the amount of financing of budget programs. As a result of the research, it can be stated that in the draft republican budget for 2021-2023, the relationship between macroeconomic indicators and its main parameters is clearly traced. A fairly detailed comparative characteristic of the volume, structure and directions of budgetary financing of costs is given.