Stetsenko Natalia, Candidate of Economic Sciences, Associate Professor of the Department of Finance and Banking, Khmelnytsky National University, Khmelnitsky, Ukraine

ORCID ID: 0000-0002-1416-1628
e-mail: sna2304@ukr.net

Main approaches to assessing the effectiveness of the implementation of budget programs in Ukraine

Abstract. Introduction. Evaluating the efficiency of spending these resources is one of the most progressive trends in the management of budget funds. The assessment of the budget program for the effectiveness of implementation will contribute to the adoption of sound and informed decisions on the future of this program, besides what is extremely important from a social responsibility point of view, it relies on the number of resources spent on the effectiveness of performing social tasks and allows you to determine the extent to which the goal is achieved.

Purpose. The purpose of writing this article is to justify the approaches to evaluating the effectiveness of budget programs in order to make based on its results reasonable, unbiased and objective decisions on the functioning, nomenclature and amount of appropriations for programs approved and implemented at the level of budgets of the subsidiary level in Ukraine.

Results. It is noted that according to clause 6, art. 20 of the Budget Code of Ukraine, participants in the budget process, at all its stages, evaluate the effectiveness of budget programs within their authority. The assessment of budget program efficiency includes measures to monitor, analyze and monitor the targeted use of limited budget resources. The assessment of the effectiveness of the budget programs is carried out in accordance with the Methodological Recommendations approved by the order of the Ministry of Finance of Ukraine dated May 17, 2011, No. 608. Moreover, given that at the level of local budgets one program can be executed by different spending units, the Ministry of Finance has developed a Methodology for comparative analysis of the effectiveness of budget programs, which are executed by the administrators of local budgets (sent to local financial authorities by letter of the Ministry of Finance dated 19.09.2013 № 31-05110-14-5 / 27486). Such a technique makes it possible to compare the efficiency of the use of funds by various administrators under one budget program.

Conclusions. The application of the proposed approaches to the evaluation allows discriminatingly to show the social effect of using budget funds for each budget program. It allows to determine the proportionality between costs and achieving social goals, the optimal execution time of the budget program both in terms of budget periods and individual calendar dates, its social relevance, and relevance to the strategic mission.

Keywords: budget program, evaluation, monitoring, effectiveness, performance evaluation, indicator.

References

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Received: 29 October 2018

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