The budget mechanism and its role in regulating socio-economic processes

Abstract

The paper "The Budgetary Mechanism and its Role in Regulating Socio-Economic Processes" examines the essence and structure of the budgetary mechanism, its functions in ensuring economic stability and social development. Also examines the components of the budget process, the principles of planning and control, and the role of the budget mechanism in regulating socio-economic processes, in particular the relationship between budget expenditures and social development. The results of the study confirm the importance of the budget mechanism as an instrument of state regulation and offer recommendations for improving budget policy to achieve sustainable development.