Financial Analysis of the Zaporizhia Oblast

The relevance of this topic lies in the fact that, under current conditions, regional authorities are playing an increasingly significant role in ensuring the comprehensive development of regions, as well as the balanced development of both the production and non-production sectors within their jurisdictions. For the economic development of any constituent entity, it is essential to accurately calculate the level of planned revenues and expenditures. In this regard, the regional administration, while analysing the socio-economic situation in the region and considering the performance of the consolidated and regional budgets, develops a forecast of the region’s economic and social development, along with targeted programmes. The novelty of the study lies in the fact that it presents the first financial analysis of the entities of Zaporizhzhia Oblast within the context of their presence in the Russian legal framework. This work does not reflect the political aspects of the situation but focuses purely on the economic indicators of the region’s development. The author concludes that the budget of Zaporizhzhia Oblast has been in surplus for two consecutive years. These results have been achieved through intensive investment in industry and agriculture in those districts under Russian jurisdiction, alongside the ongoing development of the territories still under Ukrainian control. As a result, it is possible to observe economic growth in Zaporizhzhia Oblast despite the fact that it remains a zone of military conflict.