Legal problems of functioning of the financial system of Ukraine during martial law

Author:

Dudnik V.M.ORCID,Harbinska-Rudenko A.V.ORCID,Yatsenko Yu.G.

Abstract

The article is devoted to the study of changes and legal problems in the functioning of the financial system of Ukraine, which arose as a result of the full-scale war of the Russian Federation against Ukraine and the imposition of martial law on February 24, 2022. As of today, the imposition of martial law in Ukraine has caused significant changes in all spheres of life without exception, including changes in the financial system of Ukraine. A perfect and developed financial system is an example of the unity of financial resources and, accordingly, a guarantee of full implementation of the state, defined by current legislation, tasks and functions. The financial system is inextricably linked with the functioning of the state, as it is an instrument for the accumulation and rational use of financial resources. Analysis of the peculiarities of the financial system of Ukraine during martial law allows us to assess the scale of changes that have occurred, to determine their impact on socio-economic processes in the country, the possible consequences of such changes and ways to resolve them. The article identifies the main changes and examines the problematic aspects of the functioning of the financial system at present. Obviously, changes are not always positive and there may be difficulties in their implementation. The biggest changes were made to the State Budget of Ukraine and local budgets, which suffered the greatest burden in all possible aspects. Due to the fact that the main part of financial resources is aimed at meeting the defense and social needs of the state, the problems of imbalance of expenditures and revenues of the budget, significant public debt and irrational distribution of expenditures have become acute. The foreign exchange market, which is a component of the financial market, has also undergone significant changes. Nevertheless, the foreign exchange market of Ukraine continues to operate subject to restrictions imposed during the martial law by the relevant public authorities and relating to currency regulation in order to preserve financial resources in the country. The issue of analysis of already known ways to solve the problems of the financial system and search for new ones that ensure the adaptation of the financial system to modern needs, including ensuring the defense needs of Ukraine and the smooth functioning of public finance.

Publisher

Uzhhorod National University

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3