Myarkovskiy A. Priorities for budget policy in economic transition

The economic essence of budget policy as a component of the financial regulation of social and economic development. Methodological principles of the budget, based on the integration of components of the financial mechanism in the formation of budget revenues, planning and use of budget expenditures, intergovernmental relations, public debt management. Substantiated the expediency of institutional change the budget system that will enable the strengthening of stimulating function of the budget mechanism, increasing the effectiveness of software-based method of planning the budget. Generalized and summarized the experience of budget policy in countries with developed and transitional economies, priorities budget policy over the medium term. Improved approaches to the formation of budget policy, budget implementation of appropriate tools and mechanisms in the system of institutional protection of society, and methodological foundations of the regulatory mechanism of budget policy, the provisions of the features of forming and implementing the priorities of budget policy in economic transformations.