Shapoval S. Budget planning in the system of socio-economic development

The essence of budget planning in the system of socio-economic development, which is to determine the set of principles, tools, formation of budget revenues and uses of expenditure with regard to adaptive mechanisms budget architectonics that will promote a balance of state financial resources, the efficiency of fiscal policy, budget transparency process, effective social development. Approaches to determine the priority areas of the budget planning implementation as a tool for economic development improved. This is to increase the effectiveness and efficiency of budget spending, ensuring sufficient transparency in the decision-making in budgetary control system. Approaches to the use of medium-term budget planning improved. This will contribute the achievement of balanced budget policy and implementation strategy of social development. The provisions on the use of budget revenues and expenditures program-target method planning improved. It must unite on the basis of the financial architectonics provisions, social and innovative components of the budget system. This will ensure the quality of the financial and economic system functioning. Budget planning formation experience in developed and transitional economies generalized and systematized, including use of medium-term revenues and expenditures.