scholarly journals ІНФОРМАЦІЙНЕ ЗАБЕЗПЕЧЕННЯ УПРАВЛІННЯ ДЕРЖАВНИМИ ФІНАНСАМИ УКРАЇНИ

2019 ◽  
Vol 129 (6) ◽  
pp. 56-72
Author(s):  
Алла Віталіївна Хомутенко
Keyword(s):  
Information Systems ◽  
Financial Management ◽  
The State ◽  
Electronic Government ◽  
Automated System ◽  
Information Support ◽  
Special Focus ◽  
Government Information ◽  
State Budget ◽  
Public Financial Management

The paper seeks to explore the nature of ensuring information support to public financial management. A range of subjects authorized to create and maintain government information systems has been identified. An overview of the systems that contribute to providing management information support to the state budget financial inflows, in particular: “Tax Block”, “Inspector”, “Electronic Check” (e-Receipt) and “ProZorro. Sales” is presented. Special focus is paid to the systems that entail information on the transactions of the State Treasury Service of Ukraine, state budget funds utilization data as well as to the transactions of state-owned business entities, such as "ProZorro public e-procurement system", "SPENDING" and "Transparent budget". The findings revealed that application of the "Automated System for computer-based pension documents processing" and the "Our Family" information system had enhanced the accuracy and transparency of cash outflows from extrabudgetary funds and facilitated the reduction of labor and working time costs of authorized managing officers. A critical review on the information systems capabilities has demonstrated the shortcomings of particular government information systems and their organizational frameworks that hamper the management performance effectiveness. The method of logical generalization was employed to provide a rationale and suggest pathways for improving information support for public financial management in Ukraine. Among the key priorities is the creation of an Electronic Government, a single information portal which will integrate the existing information systems and help to eliminate data duplication across different information systems; ensure public financial management, budget and extrabudgetary funds standardization; enhance the efficiency of financial control including the sectoral one; increase the availability of public goods and services; strengthen the responsibility of each of the authorized managing and executive officers and officials.

State budget management in the Russian Federation

2021 ◽  
Vol 27 (3) ◽  
pp. 649-671
Author(s):  
Andrei G. LUKIN
Keyword(s):  
Russian Federation ◽  
Financial Management ◽  
The State ◽  
Second Phase ◽  
Budget Management ◽  
State Budget ◽  
Management Structure ◽  
Public Financial Management ◽  
Budget Reform ◽  
The Russian Federation

Subject. This article explores the theoretical foundations of the present State budget management structure in Russia. Objectives. The article aims to justify the need to reform the structure of the State budget management in the Russian Federation in order to increase susceptibility and adaptability to new goals and objectives, as well as to new methods of public financial management. Methods. For the study, I used the methods of analysis and synthesis, generalization, abstraction, induction, and modeling. Results. Using budgeting tools, I show that the development of the State budget management structure in the Russian Federation was stopped after the second phase of budget reform. This led to the formation of a cumulative system for managing the State financial resources, which effectively excluded any influence of the public treasurers on the financial activities of inferior treasurers and recipients of budget funds. Such a structure does not provide an opportunity to assess and monitor the effectiveness of budget funds use by subordinate organizations. It also fails to create an effective system for managing budgetary risks, especially the risks of deviant activities of government employees. Conclusions. The article concludes that within the framework of the current stage of budget reform in the Russian Federation, based on the methodology of budgeting and domestic practices of public financial management, it is necessary to continue developing an effective structure of State budget management. Otherwise, the implementation of large-scale national projects and budget reform itself is under threat of failure.

scholarly journals IPTEKS SISTEM INFORMASI MANAJEMEN KEUANGAN DI DIREKTORAT JENDERAL PERBENDAHARAAN PROVINSI SULAWESI UTARA

2018 ◽  
Vol 2 (02) ◽  
Author(s):  
Regina Putri Hidayat ◽  
Miranda Ellora Kotambunan ◽  
Kezia Gabriela Saroinsong ◽  
Treesje Runtu
Keyword(s):  
Information Systems ◽  
Financial Management ◽  
Management Information Systems ◽  
Modern Technology ◽  
Management Information ◽  
State Budget ◽  
Application Systems ◽  
Directorate General ◽  
Financial Application ◽  
Treasury Management

The Ministryof Finance especially the directorate general of the treasury of North Sulawesi province, is confronted with modern treasury problems. The demands of economic development are increasingly advanced, demanding a transition from the application of past culture (manual) to the stage of digital (modern) technology. The work process in the treasury sector changes, seen from the need for financial management information systems to improve the competitive advantage of modern DGT organizations in the future in increasing transparency and accountability in managing the world treasury. The emergence of treasury and state budget (SPAN) applications and agency-level financial application systems (SAKTI) as a manifestation of the implementation of financial management information systems in the Directorate General of Treasury and work units. For state treasury management to be carried out by the treasury general directorate, it can be aligned with treasury management by other countries in the world.Keywords : Financial Management Information System, SPAN, and SAKTI

scholarly journals FACTORS OF GROWTH OF THE EFFICIENCY OF PUBLIC DEBT MANAGEMENT

2021 ◽  
pp. 5-11
Author(s):  
M. E. Kosov
Keyword(s):  
Public Debt ◽  
Financial Management ◽  
The State ◽  
Debt Management ◽  
Macroeconomic Factors ◽  
The Public ◽  
Correlation And Regression Analysis ◽  
Public Financial Management ◽  
Public Debt Management ◽  
Debt Policy

Public debt is an integral part of public finances of various countries, the process of its management, including formation, maintenance and repayment has a powerful impact on the macroeconomic system of the state. The subject of the study is the public debt of the Russian Federation. The article performs a correlation and regression analysis of factors that have a direct impact on the state of the Russia’s public debt under the conditions of the restrictions caused by the Covid-19 coronavirus infection, as well as the consequences of these restrictions. The paper proposes an econometric model that describes a system of indirect macroeconomic factors that are not directly related to the state’s debt policy, but show the strongest influence on the formation of public debt in modern realities and increase the efficiency of its management, as well as reflect the quality of public financial management in general. The author concludes that the demographic burden and the indicator reflecting the ratio of the budget deficit to the total budget revenue have the greatest impact on the effectiveness of public debt management.

scholarly journals IDENTIFICATION OF THREATS TO THE CUSTOMS SECURITY OF THE STATE

2019 ◽  
pp. 37-52
Author(s):  
Olga ZAMASLO ◽  
Oleg PIDKHOMNYI ◽  
Marta PETYK
Keyword(s):  
The State ◽  
Point Of View ◽  
Information Support ◽  
State Budget ◽  
Economic Relations ◽  
International Economic Cooperation ◽  
Control Procedures ◽  
Security Indicators ◽  
Customs Administration ◽  
The Impact

Introduction. The rapid revitalization of integration processes worldwide, the strengthening of international economic cooperation, the intensification of export-import operations increase the impact of the customs system on the state of the national economy. Therefore, there is an urgent need to use effective mechanisms of blocking and elimination of factors that undermine the customs of customs in order to comprehensively evaluate the effectiveness of the customs system and improve the level of customs security of the state. Purpose is assessing Ukraine’s customs security indicators and identification of sources of customs danger, clarification of the role and assessment of fiscal efficiency of customs authorities in ensuring the customs security of the state, development of recommendations on elimination of the main customs threats in the context of minimization of customs risks in the context of conflict of interests of individual participants of foreign economic relations. Results. The essence of the customs security of the state is revealed, the sources and threats to the customs security are identified. The importance of the indicators of the customs security of Ukraine through the prism of the customs load on the economy of the country and the efficiency of the activity of the customs authorities during 2009–2018 are analyzed. At the same time, it should be noted that the dependence of the state budget on 2/5 of the amount of customs payments is a separate risk from the point of view of the financial security of the state. It is established that the system of customs control, first of all, is characterized by qualitative output parameters, which for the most part are outside the direct jurisdiction of the customs authorities, but which directly affect the effectiveness of the customs administration in practice. The subjective factors influencing the efficiency of the customs administration are the level of information and technical support and the procedure for the organization of customs control procedures, time spent on customs clearance of goods, the establishment of communication relations between the customs relations, the level of qualification of employees and the knowledge and observance of all participants of the FEA and customs clearance procedures. It is confirmed that the main criteria for assessing the customs security of the state should be the completeness of payment of customs duties and the frequency of detection of cases of customs offenses. VAT reimbursement for bogus exports. The customs security of the state is closely related to the customs security of the subjects of foreign economic activity when crossing the goods across the customs border and is determined by the level of well-established interaction of all subjects of customs relations. Conclusion. Proposals for implementation of priority measures in the system of improving the customs security of Ukraine are substantiated and they include coordination of actions of all state bodies on the implementation of customs control in order to eliminate the corruption component during the passage of customs and border clearance, modernization of information support and communication between employees of the customs authorities and entities activities

Managing Budgetary Virements

2016 ◽  
Vol 16 (04) ◽  
Author(s):  
Sandeep Saxena ◽  
Sami Ylaoutinen
Keyword(s):  
Financial Planning ◽  
Financial Management ◽  
The State ◽  
Cultural Environment ◽  
Public Financial Management ◽  
Country Specific

Virements are useful instruments of budget flexibility. If carried out transparently and within accepted limits, virements can promote expenditure efficiency. Large, unregulated virements can undermine budget credibility and the budget’s relevance as principal policy and financial planning instrument. This note defines virements, clarifies their purpose, and specifies what general and country-specific considerations should guide the design of a virement framework. The note argues that countries should design virement policies maintaining balance between their budget flexibility and accountability needs, and keeping in view the legal-cultural environment and the state of development of their public financial management.

scholarly journals Strategic priorities and accountability for allocating the state budget amid Covid-19 pandemic in Indonesia

2021 ◽  
Vol 9 (1) ◽  
pp. 61-72
Author(s):  
Nanang Suparman
Keyword(s):  
Financial Management ◽  
Health And Safety ◽  
Medical Personnel ◽  
The State ◽  
State Spending ◽  
Safety Nets ◽  
State Budget ◽  
Social Safety Nets ◽  
The Impact ◽  
Public Health And Safety

This study explains about strategic priorities of state financial management for handling the Covid-19 pandemic in Indonesia. The impact of this pandemic has caused the country’s financial posture in the state budget to be unbalanced, where receipts have decreased while in state spending has increased very sharply. Such conditions imply that the state budget deficit's widening exceeds the limit set by the law. The method used in this research method is a descriptive qualitative approach using literature data that can provide analysis of strategies to change the state financial management amid the Covid-19 pandemic. The study concluded that the government's strategic response in abnormal situations is an extraordinary matter with budget allocation priorities aimed at public health and safety, including medical personnel, protection and social safety nets for vulnerable people, and protection among business people. However,  it requires accountable supervision, especially for the distribution of social assistance funds with experience prone to corruption practices so that it is not on target.

scholarly journals Innovations in Management of Fiscal Equalisation: Decentralization Reform

2020 ◽  
pp. 208-221 ◽  
Author(s):  
Yuriy Petrushenko ◽  
Viktor Ventsel ◽  
Veronica Garbuz ◽  
Uliana Kolomiiets Kolomiiets ◽  
Wojciech Duranowski
Keyword(s):  
Financial Management ◽  
Current Approach ◽  
The State ◽  
Financial Policies ◽  
State Budget ◽  
Econometric Methods ◽  
Scientific Analysis ◽  
Management Approaches ◽  
Decentralization Reform ◽  
Innovative Approaches

The article summarises the results of scientific analysis of the effectiveness of the system of horizontal financial equalisation as a tool for reducing inter-territorial economic and social disparities. The primary purpose of this study is to substantiate innovative approaches to improving the efficiency of the system of financial equalisation and operational management of financial imbalances of territories in the context of decentralisation reform. The subject of the study is the processes of management of the financial equalisation system in Ukraine since 2015, as it was at this time that the decentralisation reform began, the basis of which was the redistribution of financial resources. The presence of several unresolved practical and, therefore, technical and methodological tasks in the process of implementing the financial equalisation policy in Ukraine in the period 2015-2020 has made the research relevant. The comparative analysis of the system of horizontal financial equalisation in Ukraine in terms of its effectiveness in reducing inter-territorial fiscal imbalances and assessing the effectiveness of the authors’ innovative approaches to managing the financial equalisation system became a methodological tool of the study. Statistical and econometric methods were used to verify the obtained results. The results of the study showed that the current approach to financial equalisation of disparities in the local budgets of Ukraine is not sufficient and needs improvement. New management approaches have been developed in the system of financial management of territories aimed at improving the mechanism of horizontal equalisation of local budgets, in particular, at reducing the number of local budgets, which receive essential subsidies from the state budget and improving the efficiency of the horizontal equalisation system in terms of reducing financial disparities between local budgets. Because of these goals, the analysis of the inclusion of the country’s capital (Kyiv) into the national financial equalisation system was carried out. The study also substantiates the need for permanent monitoring of financial equalisation effectiveness. For a better understanding of how effectively the system of horizontal equalisation of fiscal revenues of territories functions, it is proposed to carry out a constant (annual) analysis of standard deviation indicators and other indicators that characterise its effectiveness. The results of the study can be useful both for state bodies planning and implementing the state budget and for implementing local financial policies by local self-governments. Keywords management, innovation, financial equalisation, budget, imbalance, asymmetry, decentralisation.

scholarly journals Information and analytical providion of budget support of institutional sectors of the economy (on the example of the agricultural sector of Ukraine)

2020 ◽  
Vol 11 (9) ◽  
pp. 2355
Author(s):  
Oksana Radchenko ◽  
Maryana Matveyeva ◽  
Hanna Holovanova ◽  
Kateryna Makhyboroda ◽  
Yuliia Haibura
Keyword(s):  
Government Regulation ◽  
Agricultural Development ◽  
Agricultural Sector ◽  
State Regulation ◽  
The State ◽  
Information Support ◽  
State Support ◽  
State Budget ◽  
Budget Support ◽  
Systemic Crisis

The aim of the article is to study the information support of the institutional field and state regulation of agricultural development of Ukraine through the analysis of current strategies and tools and programs of state support. The relevance of the study is due to the significant increase in the role of state support for key sectors of the economy in a systemic crisis caused by the coronavirus pandemic COVID-19 and restrictive quarantine measures. Limitation of budget funds implies an urgent need for their most rational use, identifying trends and areas of which this study is devoted. The research methodology is based on comparative analysis, economic and mathematical modeling, methods of assessing the effectiveness of budget programs, the use of analytical surveys, statistics on self-assessment of agribusiness and data from independent news agencies on the effectiveness of government regulation. The information base is the regulatory framework for state support of the agricultural sector, analytical studies on budget support for the agricultural sector and budget expenditures for agricultural development were based on official data from the State Statistics Service of Ukraine and the Ministry of Economy, Trade and Agriculture of Ukraine. The study analyses some components of the Strategy for the development of the agricultural sector of Ukraine, the Concept of development of farms and agricultural cooperation for 2018-2020, the project and the place of state support in its regulation. The dynamics of state support for 2016-2019 is shown, the main factors of influence are characterized and the dynamics of state support of the agricultural sector of Ukraine evaluated according to the OECD (Organization of economic cooperation and development) methodology is given. An analysis of the expenditures of the State Budget of Ukraine in 2020 on agricultural and rural development is carried out. The given research can be used at formation of current programs of budgetary support of branch, development of concepts of sustainable development of separate forms of managing – farms and peasant farms, adjustment of strategic plans, formation of their key indicators for monitoring and for increase methodological bases and principles of state regulation and other institutional factors of agricultural finance.

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