Mechanism of Budgetary Resources Management: Problems and Prospects of Improvement

Management of budgetary resources becomes important to ensure the stability of the national budget system, which in its turn requires modernization and increasing of budget management efficiency. The article is devoted to the highlighting of the key issues of the budgetary resources mechanism and the development of proposals for its improvement. Author's approach to the understanding of the definition “budgetary resources mechanism” was proposed. Features of the budgetary resources management were disclosed and its components were determined. Provisions of the Budget Code of Ukraine concerning the budgetary resources management were generalized. Disadvantages of the current system of the budgetary resources management were clarified. Functions of the budgetary resources management were determined and the logical scheme of their use in the budgetary process was proposed. The algorithm of the budgetary management types use in the budget process is justified. Budgetary management mechanism in the current economic conditions was established. Prospects for improving budgetary management resources that provide budgetary management mechanism use at all stages of the budget process were outlined.