ASSESSMENT OF THE EFFECTIVENESS OF THE BUDGET EXPENDITURE SYSTEM

Abstract. The topic considered in the article is quite relevant. Assessment of the effectiveness of the use of budget funds is a complex and ambiguous process. In the course of this process, it is necessary to take into account the dynamically changing conditions of the external and inter-nal environment, objective and subjective factors. The paper considers some scientific definitions of efficiency in financial and budgetary rela-tions, shows methods and criteria for evaluation, means of achieving the goals of the expendi-ture side of the budget, stages of evaluation. The socio-economic component of the assessment of the expenditure side of the budget was especially emphasized. Ensuring the reliable well-being of citizens is the main indicator of the effectiveness of the use of budget funds.