Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system
The text of this article has been corrected. Information about the changes is provided here http://dx.doi.org/10.21511/pmf.14(2).2025.05 Adjusting the balanced movement of financial flows in the budget process is a vital component of ensuring the functioning of the financial system. This study aims...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
LLC "CPC "Business Perspectives"
2022-05-01
|
| Series: | Public and Municipal Finance |
| Subjects: | |
| Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16534/PMF_2022_01_Romenska.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1850131258149961728 |
|---|---|
| author | Kateryna Romenska Volodymyr Orlov Natalia Pavlova Ruslana Kryvenkova Iryna Shalyhina |
| author_facet | Kateryna Romenska Volodymyr Orlov Natalia Pavlova Ruslana Kryvenkova Iryna Shalyhina |
| author_sort | Kateryna Romenska |
| collection | DOAJ |
| description | The text of this article has been corrected. Information about the changes is provided here http://dx.doi.org/10.21511/pmf.14(2).2025.05
Adjusting the balanced movement of financial flows in the budget process is a vital component of ensuring the functioning of the financial system. This study aims to identify and outline possible areas for improving the management of financial flows in the budget process of Ukraine to regulate structural imbalances of the financial system. With the help of ranking and clustering, the analysis and assessment of local budgets based on indicators that characterize the movement of financial flows was carried out. The used methods made it possible to consider the differences in the formation and direction of budget flows of territorial communities and determine the progress of administrative-territorial units. An assessment of the state of financial flows consolidated in the treasury single account of Ukraine was conducted: the dynamics of balance, the volume of loans and repayments to local budgets, and the Pension Fund of Ukraine were considered. The assessment results made it possible to determine the directions of setting a stable and balanced movement of financial flows and levers to regulate the impact of structural imbalances of the financial system related to the management of cash balances of the treasury single account and increase of its liquidity. The volumes of revenues, expenditures, deficit, and borrowings to the State Budget of Ukraine were estimated to determine the conditions that cause imbalances in the financial system. The directions for timely and complete execution of the decisions by state authorities and local self-governments are outlined. |
| format | Article |
| id | doaj-art-a81fbe645e7144b7aa1e10d0e79272ee |
| institution | OA Journals |
| issn | 2222-1867 2222-1875 |
| language | English |
| publishDate | 2022-05-01 |
| publisher | LLC "CPC "Business Perspectives" |
| record_format | Article |
| series | Public and Municipal Finance |
| spelling | doaj-art-a81fbe645e7144b7aa1e10d0e79272ee2025-08-20T02:32:29ZengLLC "CPC "Business Perspectives"Public and Municipal Finance2222-18672222-18752022-05-01111375310.21511/pmf.11(1).2022.0416534Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial systemKateryna Romenska0https://orcid.org/0000-0001-6442-7802Volodymyr Orlov1https://orcid.org/0000-0002-2052-6654Natalia Pavlova2https://orcid.org/0000-0002-1572-4648Ruslana Kryvenkova3https://orcid.org/0000-0002-3052-496XIryna Shalyhina4https://orcid.org/0000-0003-2906-3593Ph.D., Associate Professor of the Department of Finance, Banking and Insurance, University of Customs and FinancePh.D. (Economics), First Deputy Head of the Dnipropetrovsk Regional State AdministrationPh.D. (Law), Associate Professor of the Department of Criminalistics of pre-medical training, Dnipropetrovsk State University of Internal AffairsPh.D. (Public Administration), Senior Lecturer of the Department of Tourism, State Higher Educational Institution “Uzhgorod National University”Сandidate of Economic Sciences, Associate Professor, Sumy National Agrarian University, UkraineThe text of this article has been corrected. Information about the changes is provided here http://dx.doi.org/10.21511/pmf.14(2).2025.05 Adjusting the balanced movement of financial flows in the budget process is a vital component of ensuring the functioning of the financial system. This study aims to identify and outline possible areas for improving the management of financial flows in the budget process of Ukraine to regulate structural imbalances of the financial system. With the help of ranking and clustering, the analysis and assessment of local budgets based on indicators that characterize the movement of financial flows was carried out. The used methods made it possible to consider the differences in the formation and direction of budget flows of territorial communities and determine the progress of administrative-territorial units. An assessment of the state of financial flows consolidated in the treasury single account of Ukraine was conducted: the dynamics of balance, the volume of loans and repayments to local budgets, and the Pension Fund of Ukraine were considered. The assessment results made it possible to determine the directions of setting a stable and balanced movement of financial flows and levers to regulate the impact of structural imbalances of the financial system related to the management of cash balances of the treasury single account and increase of its liquidity. The volumes of revenues, expenditures, deficit, and borrowings to the State Budget of Ukraine were estimated to determine the conditions that cause imbalances in the financial system. The directions for timely and complete execution of the decisions by state authorities and local self-governments are outlined.https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16534/PMF_2022_01_Romenska.pdfbudgetdeficitexpendituresfinancial flowsimbalancerevenues |
| spellingShingle | Kateryna Romenska Volodymyr Orlov Natalia Pavlova Ruslana Kryvenkova Iryna Shalyhina Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system Public and Municipal Finance budget deficit expenditures financial flows imbalance revenues |
| title | Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system |
| title_full | Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system |
| title_fullStr | Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system |
| title_full_unstemmed | Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system |
| title_short | Analysis of financial flows in the budget process of Ukraine under the conditions of structural imbalances of the financial system |
| title_sort | analysis of financial flows in the budget process of ukraine under the conditions of structural imbalances of the financial system |
| topic | budget deficit expenditures financial flows imbalance revenues |
| url | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/16534/PMF_2022_01_Romenska.pdf |
| work_keys_str_mv | AT katerynaromenska analysisoffinancialflowsinthebudgetprocessofukraineundertheconditionsofstructuralimbalancesofthefinancialsystem AT volodymyrorlov analysisoffinancialflowsinthebudgetprocessofukraineundertheconditionsofstructuralimbalancesofthefinancialsystem AT nataliapavlova analysisoffinancialflowsinthebudgetprocessofukraineundertheconditionsofstructuralimbalancesofthefinancialsystem AT ruslanakryvenkova analysisoffinancialflowsinthebudgetprocessofukraineundertheconditionsofstructuralimbalancesofthefinancialsystem AT irynashalyhina analysisoffinancialflowsinthebudgetprocessofukraineundertheconditionsofstructuralimbalancesofthefinancialsystem |