GENDER COMPONENT OF BUDGET POLICY OF STATE

Background. Fiscal policy is an important instrument of the influence on the level of the state financial stability, promotion of the balanced development of economic competitiveness, improving the living standards of citizens, social protection of the population. An important task of fiscal adjustment of social development is to ensure the budgets expenditure ordering on the gender budget aspect basis to meet the needs of different groups that will contribute to the efficiency of budget expenditures. The aim of the article is to reveal the gender approach advantages at budget drafting and performance as an important component of fiscal policy, and determine directions of its introduction in the budget process. Materials and methods. The combination of methods and approaches that allow to realize the conceptual study unity are used in the article. Results. The gender aspects advantages of the budget drafting and performance as an important lever of fiscal adjustment impact on economic growth, modernization of the social sphere and economy are revealed. The foreign experience of gender approach in the budgetary process as an instrument for improving the fiscal policy efficiency is investigated. The conditions of its implementation and its interrelation with budget planning system in Ukraine are analyzed. The importance of the draft budget formation and its implementation with using the gender aspect are grounded. The directions for its implementation in order to improve the socio-economic effectiveness and efficiency of budget fund are suggested. Gender component of the budget process involves using a set of financial mechanisms and instruments that take into account specific interests of different social categories during the revenues formation and distribution of public funds. Conclusion. At the present stage of institutional reforms it is important to increase spending on human development, poverty reduction, decent living standard with a combination of reforms aimed at reducing the tax burden and ensuring economic growth. Using obtained by the results of gender analysis information allows to adjust the program of different economic sectors development taking into account gender factor and to achieve productivity increase.