Budgetary Policy for Development of Regions of Ukraine: Features of Establishing and Implementing
Journal Title: Бізнес Інформ - Year 2015, Vol 10, Issue 0
Abstract
The article substantiates the process of establishing the budget policy for regional development. Weaknesses of national budgetary resolutions over the recent years have been specified. The evolutionary aspect of generation of incomes to the local budgets in Ukraine and their legal basis from 1990 to 2015 have been considered. Key principles for implementing the budgetary policy of regional development of Ukraine have been identified. The budget for development of the local budgets has been characterized, which is a component of the special fund of the local budgets and an important tool for the implementation of budgetary policy at the regional level. A scheme of establishing and implementing the budgetary policy for regional development together with the basic requirements, in accordance with which the budgetary policy for regional development should be established, have been proposed. It has been proven that the ultimate goal of the budgetary strategy in the region is to achieve the long-term sustainability and balancing of the regional budgets and is to be aimed at ensuring the socio-economic development of region.
Authors and Affiliations
Iryna Storonyanska, Galyna Voznyak, Andrii Pelekhatyj
Keywords
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