PROBLEMS OF ENSURING BUDGETARY SECURITY OF THE STATE DURING MARTIAL LAW

Abstract

Larysa Sidelnykova 
 Email:larisa1907s@gmail.com
 Doctor of Economics, Professor Kherson National Technical University 
 Khmelnytskyi, Ukraine 
 https://orcid.org/0000-0001-7182-2923
 Oksana Posadnieva 
 Email:posadnevaoksana@gmail.com
 PhD in Economics, Associate Professor Kherson National Technical University 
 Khmelnytskyi, Ukraine 
 https://orcid.org/0000-0001-8721-5124
 
 Abstract. The article examines the assessment of the budgetary security of the state in periods of macroeconomic shocks. The balance of the State Budget of Ukraine over the past 10 years is analyzed. A chronic deficit of the state budget are revealed. The main reasons for the budget deficit are given. It is noted that the chronic budget deficit is the main destructive factor that leads to a decrease in budget security. The place of budgetary security in the general economic security of the state is shown. The main indicators that characterize the level of budgetary security of the state are described. Special attention is paid to indicators that depend on the level of budget balance. The main reasons for the growth of the deficit during the previous destructive events in the Ukrainian economy and the factors that contributed to the growth of the deficit during the Russian-Ukrainian war are indicated. The main indicators of Ukraine's budgetary security over the past 10 years are analyzed. A significant deterioration of budgetary security indicators in 2022 is established. A significant decrease in the level of GDP in 2022 and its decisive impact on indicators of budgetary security are revealed. It is noted that the decrease in the level of budgetary security leads to a decrease in the level of debt security of the state. Forecast figures for certain budgetary security indicators are provided. The main directions for using budget funding for further strengthening of budgetary security are suggested.