Key factors influencing the budget policy of Ukraine in the field of ensuring the economic security of the state in the context of digitalization and sustainable development
The subject of the research is the theoretical aspects of the factors influencing the budget policyof Ukraine in the field of ensuring the economic security of the state in the context of digitalization andsustainable development.The aim of the research is to identify the key factors influencing the budget policy of Ukraine inthe field of ensuring the economic security of the state in the context of digitalization and sustainabledevelopment.Research methods. The article uses general scientific research methods: method of analysis andsynthesis, logical and cognitive, literary and descriptive, tabular and graphical, etc.Results of the investigation. It is established that budgetary policy is one of the key instruments ofstate regulation of the economy aimed at ensuring macroeconomic stability, sustainable developmentand economic security of the State. It is determined that budgetary policy should promote stable financing of priority sectors of the economy and create favorable conditions for innovative developmentto ensure the country’s competitiveness in the long term. It is proved that in modern conditions,Ukraine’s budget policy should be aimed at maintaining economic security by expanding the digitalcapabilities of public administration, increasing financial stability, optimizing budget processes andimplementing the principles of sustainable development. The author proposes an integrated approachthat will allow forming an effective model of economic management that will ensure sustainable growth,financial independence and social stability of the State. Four groups of key factors of influence on thebudget policy of Ukraine are identified, which should be correlated with the challenges of digitalizationand sustainable development: macroeconomic factors; digitalization factors; sustainable developmentfactors; geopolitical and security factors.Scope of the results. Economic security, budget policy, financial system, national economy, publicadministration.Conclusions. It has been proved that digitalization is an important factor for the modernization ofUkraine’s economy, which provides the possibility of effective data collection and processing, whichincreases the transparency and accessibility of budget processes. It is determined that in the context ofglobalization and economic instability, an important component of budget policy is to ensure economicsecurity through the diversification of funding sources. It is established that sustainable development isthe basis of long–term economic strategies, including socio–economic stability, environmental safetyand efficient use of resources. The factors of influence on the budget policy, which is focused on ensuringthe economic security of the state, and which should integrate these factors, promoting sustainabledevelopment and social stability of the country, which involves not only the use of modern technologies toimprove the financial system, but also the continuous improvement of state institutions and policies toadequately respond to the challenges arising in a dynamic global environment, are determined.
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-03-17
- DOI
- https://doi.org/10.5281/zenodo.15038558
- Primary Topic
- Digital Transformation in Financial Services
- Type
- article
- Field-Weighted Citation Impact
- 0.00