STATE BUDGET EXPENDITURES FOR THE RESTORATION AND RECONSTRUCTION OF UKRAINE

Abstract

This article examines the current issue of spending the state budget of Ukraine on the restoration of the country, which suffered significant losses as a result of the armed conflict (war) caused by the Russian Federation. The study focuses on the analysis of budget policy and the activities of government bodies in view of the direction of expenditures, their effectiveness and socio-economic consequences. The article analyzes the total volume of state budget expenditures aimed at the restoration of damaged infrastructure, humanitarian aid and social support of the population. In particular, the role of international donors in financing reconstruction projects and the degree of their influence on the formation of national budget policy were investigated. The efficiency and effectiveness of costs for the reconstruction of destroyed territories were analyzed in detail, the favorableness of the budget policy for attracting investments and developing the business environment was assessed. The article also highlights the problems of corruption and lack of transparency in the process of distribution and use of funds, which can significantly affect the success of the country's recovery. Based on the analysis, recommendations were made to optimize the budget policy and increase the efficiency of the government's spending on the country's recovery. In particular, the possibility of improving the control system over the use of budget funds, promoting the development of partnership relations with international organizations, and increasing the transparency of resource allocation processes was considered. The results and conclusions presented in the article can be useful for government officials, experts in budget policy, as well as researchers who specialize in the issues of the country's reconstruction after military conflicts.