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Features of financial and economic support of penal system in Ukraine

Journal: The Journal of Zhytomyr State Technological University. Series: Economics (Vol.1, No. 79)

Publication Date:

Authors : ; ;

Page : 151-156

Keywords : finance; financial support; General Fund; Special Fund; budget expenditures; optimization of the structure of financial support; penal system; State Penitentiary Service of Ukraine;

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Abstract

Current economic and social problems in the country are displayed on all areas of functioning of the state. In particular, the absence of stable development of industrial sector and high level of shadowing cause a negative impact on revenues to state and local budgets. The penal system of Ukraine, according to the current legislation, is financed by the general and special funds of the State Budget of Ukraine; but taking into account the general trends of the limited cost of maintenance of this type of objects arises the question about optimization of the level of funding of the whole system. The formation of the required financing system institutions of the penal system is an urgent task today because the level of the financial costs of prisoners in the country is relatively very low and does not meet international standards. The world experience of financial support of institutions of punishment shows the feasibility of shifting costs to the state on the special funds that are generated due to the implementation of productive activities through the employment of prisoners themselves who produce competitive products with its further sale. That question of optimal sources of financing of the penitentiary system is solved in this article.

Last modified: 2017-04-11 20:40:05