The economic essence of efficient use of budget expenditures, which is economical, productive, efficient use of budget funds and manifests in completeness of the purpose of budget programs, public procurement, social security of the population, expansion of the network of accessible public goods, sustainable dynamics of socio-economic development of the country.
Methodological principles of increasing the effectiveness of interconnection of participants of the budget process with the purpose of improving intergovernmental budget relations, improving the planning of budget expenditures by socio-economic areas, ensuring the targeted and efficient use of budget transfers, focusing efforts of budget spending on budget appropriations programs, socio-economic development of administrative and territorial units.
Budgetary violations at the level of participants in the budget process, including the main spending units, lower-level spending units, budget recipients, are generalized and systematized, and the respective types of violations and their impact on the socio-economic development of the country. The methodological bases for the participants of the budget process of making good administrative decisions in the formation and use of budget expenditures have been determined, their influence on the components of the budget mechanism, including the activities of the main spending units, the effectiveness of managing the budget expenditures, the effectiveness of the use of budget funds.
Improved provisions for the introduction of effective mechanisms and methods of allocating budget expenditures on the basic principles of the appropriateness of allocation and efficiency of use of budget expenditures, approaches to strengthen the relationship of plans of the main spending units of the budget funds, the annual and medium-term budgetary planning institutional budget architecture in budgeting and use, budget approaches the mechanism of providing intergovernmental transfers from the state budget to local budgets to finance programs of socio-economic development of the country, provisions for increasing interaction between participants of the budget process aimed at economical and efficient use of budget expenditures, institutional principles of state financial control as part of the system of planning and use of budget expenditures, a powerful tool for promoting budgetary performance in addressing the relevant of socio-economic development of the country.
The experience of countries with advanced and transformational economies on approaches to budgeting formation and use is generalized and systematized. The methodological foundations of the development of the mechanism of use of budget expenditures for investment programs, the provisions on balanced allocation of budget expenditures between sectors of economy, territorial communities, the formation of a system of quality management of appropriate budget funds, approaches to planning budget expenditures, including the use of program-targeted budgeting and enhancing the accountability of budget process participants for targeted, effective and efficient use budgetary approaches, approaches to improving the level of budgetary management.
