THE BUDGET DEFICIT IN THE SYSTEM OF FINANCIAL REGULATION
The economic essence of the budget deficit in the system of financial regulation. The estimation of the impact of the fiscal deficit in real GDP and consumer price index. Determined that the processes of economic growth in Ukraine is not accompanied by high-quality financial and economic transformation, positive structural changes to overcome the accumulated reproductive deformities. The budget deficit is only one reason for the revival of inflation in Ukraine. Proved that the significant factors influencing the difficulty of balancing the budget indicators are unbalanced macroeconomic parameters, the differences between forecasted and actual indicators of economic development, lack of control over the sources of financing the budget deficit.
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Keywords: fiscal policy, the budget deficit, government securities. |
MACROECONOMICS
Makogon Valentyna
PhD, Associate professor, Kyiv National University of Trade and Economics
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