Gender budgeting as an integral part of public finance management

The research question consists of gender budgeting as a tool of good budgeting method and achieving of gender equality by elimination of existing gender gaps in the society. The purpose of study is to shed light on gender budgeting through gender mainstreaming in a government's budget process. Research methods are the abstract and comparative analyses. Results. The article investigates gender budgeting in its' way on promoting equality between women and men by influencing the budget process. Collectively, gender-responsive budgeting initiatives seek to raise awareness of the effects that budgets have on women and men and to hold governments accountable for their commitments to gender equality. Scope of application is the government budget formulation, implementation and reporting process. Conclusion. Gender budgeting could be viewed from different angles: as a budgeting tool that enables elimination of existing gender gaps and as a mechanism for achieving gender equality in the society. Highly important in this process is integration of gender analysis into the budget formulation process.