PRIORITY AREAS OF EXPENDITURE OF LOCAL BUDGETS OF UKRAINE IN WAR CONDITIONS

Abstract

The article examines the priority areas of expenditure of local budgets of Ukraine in the conditions of a full-scale invasion of the Russian Federation, focusing on the difficult economic conditions faced by local governments during the armed conflict. Issues of security and protection of the population, support for local business, attracting new enterprises to their territory, establishing interaction with business entities to maintain economic resilience at the local level. The dynamics of expenditure of local budgets of Ukraine for 2021-2023 are analysed (including by economic classification and functional characteristics), which made it possible to state the orientation of local budgets to meet the urgent needs of the population and improve the security situation. Changes in the structure of expenditures are considered, with an emphasis on financing defense, social support and critical infrastructure, which have become the main items of expenditure in times of crisis. The problems and prospects for increasing the efficiency of using budget resources at the local level are identified, as well as the need to strengthen inter-budgetary relations and ensure transparency in spending public funds and the need for strategic planning to ensure sustainable development of territorial communities in the post-war period. The issue of the expenditure policy of local governments in the direction of "Economic activity" in war conditions is highlighted, within which local governments largely form and develop the fiscal environment of entrepreneurial activity on their territory. The priority areas of local budget expenditures are identified in the conditions of the full-scale invasion of the Russian Federation into the territory of Ukraine.