The essence and features of the category "financial potential" in the system of financial and economic relations are revealed, the interpretation of the financial development potential is proposed. The definition of financial resources of the state sector of the economy as a component of social development, which encompasses a set of financial and economic relations and interconnections related to the formation and use of state financial assets to strengthen the financial potential of the country, which determine the essence, role, sources and management mechanism these resources, and serve as a source of financial support for the country's social and economic development. Summarized and systematized the experience of developed and transformational economies in the formation and use of financial resources of the state sector of the economy.
The expediency of determining the financial multiplier as an indicator based on the relationship between the budget expenditures of the state, the growth of the gross domestic product and social development, reflects its importance and directions, discloses its essence, role and features, and proposes a formula for determining this indicator taking into account changes in transparency indicators. society, level of development of the economy, human potential, environmental protection, welfare of the population. The institutional principles of the system of public debt management, the model of its effectiveness evaluation as an element of state financial regulation and financial support of social development are developed.
The approaches to the development of the institutional architecture of the financial system in terms of functions, tasks, responsibilities of its participants, the position on the role of the state institution in the conditions of financial globalization as a guarantor of ensuring economic security of the country and national interests, approaches to financing social development projects through the mechanism of public-private partnership, activating public financial resources, using integrated financing, methodological principles of using the budget deficit as a component of the system of dynamic budget balancing in the conditions of ensuring macroeconomic stability of public finances, approaches to the assessment of the effectiveness of management of state guarantees as a component of state financial regulation.
Further development approaches to the disclosure of financial resources of local self-government as a set of own and borrowed funds required to perform the respective functions and tasks with a view to ensuring socio-economic development of territorial communities, provisions on public finance policy in the area of formation and use of financial resources of the public sector under conditions the transformation of the economy, approaches to the development of relations between the subjects of the financial and budgetary system, provisions on the financial mechanism of social development.
