Sustainable budgeraty and fiscal policy as the foundation of citizens` welfare

Ensuring the well-being of citizens is one of the basic objectives of fiscal and budgetary policy. Thus, the role of fiscal and budgetary policy in this respect is not limited to identifying the most optimal ways of accumulating resources to cover the state's financing needs and their rational allocation, but also to respecting the rules of budgetary prudence in order to ensure intergenerational equity and a solid foundation of citizens` welfare. In this sense, the present research analyses the role of the budgetary and fiscal policy in ensuring the welfare of citizens, by analysing the way in which the national public budget resources are constituted and distributed, as well as the sustainability of the budgetary and fiscal policy in the Republic of Moldova, through the budgetary prudence rules established in the national legal framework.