IMPROVEMENT OF THE STATE FINANCIAL POLICY OF SUPPORT OF PUBLIC-PRIVATE PARTNERSHIPS AS AN INSTRUMENT FOR SOCIAL DEVELOPMENT

The subject of research are theoretical and practical questions of the state financial policy of the development of Public-Private Partnership in Ukraine as an instrument of social development. The study purpose was to analyze the impact of public finance policy on the becoming of public-private partnership (PPP) in Ukraine as an instrument for realizing the social goals of the state / local government and outline areas for improving financial instruments for supporting priority social PPP projects. Research methods. It is used a set of scientific methods and approaches in the study, including analysis, systematic, comparative, and statistical, which allowed to realize the conceptual unity of the research. Results of the work. The article considers the issues of development of Public-Private Partnership as an instrument of social development. It is shown that today the important task of the state financial policy is the further development of public-private partnership, as an instrument for ensuring effective financing of social development. The normative and legal framework in the aspect of regulation of state financial support of PPP projects in Ukraine is analyzed. The main factors influencing the effectiveness of state financial policy instruments of supporting the PPP in the current conditions of the national socio-economic system functioning are determined. Scope of results: the system of state financial regulation, the state financial policy. Conclusions. Improvement of the financing of PPP projects should be carried out in line with the increase of the effectiveness of using budget funds, the introduction of medium and long-term budget planning, and the scientific substantiation of the priorities of social development. Improving the tools of state financial policy in Ukraine to address the priority goals of social development should be implemented taking into account the existing institutional environment and opportunities for its improvement, deepening decentralization processes and the state and local finances, adhering to the requirements of fiscal sustainability and debt security.