BUDGET EXPENDITURES AS AN INSTRUMENT FOR DEMOGRAPHIC DEVELOPMENT

Relevance of the research topic. Budget expenditures are used as an instrument of state regulation of the dynamics of socio-demographic development of the country. Accordingly, the study of the impact of the trends of demographic development on the dynamics of socio-economic processes and the financial stability of the country in the medium and long term are relevant in order to use the regulatory capacity of budget expenditures to improve the demographic situation of the country and stimulate demographic growth. Formulation of the problem. Increasing the level of efficiency and effectiveness of fiscal policy while solving strategic tasks of socio-economic development of the country requires deepening research into the theoretical and methodological principles of using budget expenditures as an effective instrument for the regulation of demographic development, forecasting and planning of the expenditure part of the budget taking into account demographic factors. Presentation of the main material (results of work). The essence of budget expenditures as an instrument of regulation of demographic development of the country is revealed; improvement of the forecasting and planning of the budget expenditures taking into account demographic factors; an analysis of the trends of demographic development of Ukraine was made, priority directions of budget regulation of the demographic situation of the country were determined with the use of regulatory potential of budget expenditures. The field of application of results. The results of the study can be used in the process of formation and implementation of state policy in the field of budget expenditures. Conclusions according to the article. The use of budget expenditures as a tool for the regulation of demographic development implies a well-defined definition of the volume and structure of the expenditure part of the budget to influence the dynamics of socio-demographic processes in the country, taking into account their cyclicality and strategic priority directions of public development. The provisions on forecasting and planning of budget expenditures taking into account demographic factors are based on the consideration of the mutual influence of indicators of the budget expenditure and population and its age structure, the use of budget expenditures as an effective tool for the regulation of demographic trends.