NATIONAL INTERESTS OF UKRAINE IN THE FIELD OF FINANCIAL SECURITY

Abstract

The article investigates the system of financial security in Ukraine and its national interests in this domain. It proposes to consider the financial security of the state as ensuring the development of the financial system and financial relations, as well as economic processes, creating the necessary financial conditions for the socio-economic and financial stability of Ukraine's development, maintaining the integrity and unity of the financial system (including the monetary, budgetary, credit, tax, and currency systems), and successfully overcoming internal and external threats to the country in the financial sphere. It is substantiated that financial security reflects the state and readiness of the state's financial system for timely and reliable financial support of economic needs on a scale sufficient to maintain the necessary level of economic and military security of Ukraine. It is proven that the most important national interests of Ukraine in the financial sphere include: supporting state expenditures in accordance with available resources; ensuring targeted financing of state programs (primarily social ones); investing in the field of high-tech and knowledge-intensive production; mitigating the impact of global financial crises on the national economy; overcoming discrepancies regarding the distribution and use of budgetary resources; strengthening measures to restrain inflationary processes in the economy and maintaining a stable high exchange rate of the national currency; countering illegal capital outflow abroad; attracting foreign investments (especially long-term ones in the industrial sector of the economy); adopting effective regulatory legal acts ensuring the normal functioning of the country's financial system; building an effective law enforcement mechanism to protect state finances from the influence of criminal activities and encroachments.