Financial legal relations in the sphere of state loans

The article examines financial legal relations in the sphere of state loans. The object of the study is the totality of social relations in the sphere of state loans. The subject of the study is the norms of financial law that regulate social relations in the sphere of state loans. The methodological basis of the study is represented by general scientific and private scientific methods based on the dialectical method of scientific knowledge. Analysis, synthesis, generalization, deduction, induction, observation, historical and legal, comparative legal, formal and legal, formal and logical and other methods and techniques of scientific knowledge were used. It is noted that the mechanism for regulating state loans is a complex of measures of state influence, which includes a set of methods and instruments, legally established rights and obligations of state authorities that carry out monetary and credit regulation. The mechanism for regulating state loans is based on the unity of monetary circulation and credit policy in the state. In Ukraine, this mechanism includes: state bodies that exercise control, regulatory and legal regulation and develop state policy in the field of state loans; regulatory instruments. Bodies that exercise control, regulatory and legal regulation and develop policy in the field of state loans, based on their powers in the specified area, are divided into bodies of general competence and bodies of special competence. Bodies of general competence include the Verkhovna Rada of Ukraine, the Cabinet of Ministers of Ukraine. Bodies of special competence include the National Bank of Ukraine, the Ministry of Finance of Ukraine. The rules for conducting operations in the field of state loans are established by legal acts of state bodies of general and special competence, aimed at regulating a specific group of financial relations related to the organization of state loans. The system of legislation in the field of state includes norms of various branches of legislation that regulate public relations in such an area of state administration as state loans.