Рroblems and directions of realization of budgetary policy in Ukraine

Fiscal policy which is constantly in the public spotlight is the key element of economic policy. The article characterizes the scientific approaches of domestic and foreign scientists concerning the essence of fiscal policy. In their works they offer different approaches to the interpretation of the essence of fiscal policy, review its principles and objectives, analyze the factors affecting the effectiveness of fiscal policy. Despite of the significant advances in the study of this problem, special attention should be paid to the peculiarities of the formation of the state budgetary policy in the conditions of reorientation of society towards sustainable human development. The accumulation of problems of economic and social development in Ukraine is a consequence of not enough balanced transition to a market economy. For sustained development of Ukraine, the government programmes should be directed primarily at the solution of acute problems of economic and social development that have accumulated in recent years. To such problems we refer complex social problems; the relatively low level of economic development of the country; the irrational structure of economic complex and the low level of competitiveness of domestic enterprises as a significant burden on the budget and state trust funds for financing social programmes.