Economy, finances, management: Topical issues of science and practical activity


Issue №: 1 (67)

Published: 2024.03.31
DOI: 10.37128/2411-4413-2024-1

The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

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DOI: 10.37128/2411-4413-2024-1-4
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HAVRILENKO Nataliia – Candidate of Economic Sciences, Associate Professor of the Department of Economics, Accounting and Entrepreneurship, Admiral Makarov National University of Shipbulding (54025, Mykolaiv, 9, Avenue of the Heroes of Stalingrad, e-mail: nataliia.havrylenko@nuos.edu.ua).

KOVERNY Oleksandr – Student of the Faculty of Engineering and Economics, Admiral Makarov National University of Shipbulding (54025, Mykolaiv, 9, Avenue of the Heroes of Stalingrad., e-mail: mobisssoc@gmail.com).


The article describes the peculiarities of the implementation of the state budget on revenues during the period of martial law. The problems caused by russia's armed aggression in relation to Ukraine’s budget policy are outlined. It has been found that in fact, the need for financial assistance is provoked by the growth of the military expenses, since the revenue part of the budget is approximately the same as the expenses for the Ministry of Defense alone. The structure of losses in the economy and trends in GDP changes are analyzed. It is noted that in the general the picture of the economy of our country, state expenditures occupy an increasingly large volume. As in the previous year, the largest item of budget expenditures in 2023 is security and defense; at the same time, expenditures directed at it compared to the pre-war period have increased almost tenfold. The structure of the economy for 2022-2023 has undergone significant changes, the share of industries with a high tax rate has decreased, which negatively affects the level of tax payments from the economy. It was revealed that in 2023, as a result of the policy of the National Bank of Ukraine (hereinafter – NBU), aimed at maintaining a relatively high discount rate, the profits of the banking system exceeded pre-war indicators several times, which allowed it to obtain a significant positive financial result. It was noted that a significant part of the state budget revenues was earned by the fuel and energy sector, which, despite the war, continues to be a successful component of Ukraine's economy.

When forecasting the revenues of the state budget, one should take into account the high degree of uncertainty and unpredictability, which affects the high probability of deviation of the actual figures of the estimate from the planned ones. The main key risks can be called the continuation of the war and the uncertainty regarding the further ways of its development, non-return of refugees from abroad, insufficiently fast implementation of the reforms; lack of assistance from international organizations and governments. The latter is not a convention, but a fact, because the key source of income in 2024 will be external borrowing, since the country's own resources (tax and non-tax revenues, transfers) should be enough to finance only half of the expenses. In fact, the need for financial assistance is provoked by the growth of military expenses, and the budget is written in the form of loans.

Keywords: budget, finance, economy, financial law, income, expenditure, borrowing

List of references

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2. Havrylenko, N.V. (2013). Prohnozuvannia rozvytku rehioniv na pidstavi bahatofaktornykh modelei [Forecasting the development of regions based on multifactorial models]. Ekonomika. Finansy. Pravo – Economy. Finances. Right, 12 (1), 19-22 [in Ukrainian].

3. Havrylenko, N.V. (2023). Zahalni tendentsii rozvytku vitchyznianoho biznesu v umovakh viiny [General trends in the development of domestic business in the conditions of war]. Proceedings from MIIM: I Mizhnarodna naukovo-praktychna internet konferentsiia «Aktualni problemy ta perspektyvy sotsialno-ekonomichnoho rozvytku rehionu v umovakh suchasnykh hlobalnykh vyklykiv» – The First International Scientific and Practical Internet Conference «Actual problems and prospects of socio-economic development of the region in the conditions of modern global challenges». (pp. 77-79). Kremenchuk: Prydniprovskyi in-t MAUP [in Ukrainian].

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6. Havrylenko, N., Hryshchenko, O, & Kozitska, N. (2019). Osoblyvosti zastosuvannia deiakykh finansovykh instrumentiv dlia pidvyshchennia yakosti zhyttia naselennia [Peculiarities of using some financial instruments to improve the quality of life of the population]. Improving the Life Quality: View of Scientists. Improving the Life Quality: View of Scientists. Volume of Scientific Papers. The Academy of Management and Administration in Opole. P. 189-199 [in Ukrainian].

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About journal

Topics of the journal:

051 Economics

071 Accounting and taxation

072 Finance, banking and insurance

073 Management

075 Marketing

076 Business, trade and exchange activities

241 Hotel, restaurant and catering 

281 Public administration


Key information:
ISSN (print): 2411-4413
DOI: 10.37128

The journal “Economy, finances, management: Topical issues of science and practice” is included in the "List of Scientific Professional Editions of Ukraine". 

The scientific edition is assigned the Category "Б" in the field of economics in specialties 051, 071, 072, 073, 075, 076, 241, 281

(Order of the Ministry of Education and Science of Ukraine No. 249, March 17, 2020).

The journal “Economy, finances, management: Topical issues of science and practice” has a Digital Object Identifier (DOI)

The journal “Economy, finances, management: Topical issues of science and practice” is indexed in such database as Index Copernicus Value (https://journals.indexcopernicus.com/search/form)


The editorial board of the journal is guided by the principles of scientific, objectivity, professionalism, informational support of the most significant innovative researches, observance of standards of publishing ethics.

The purpose of the journal "Economics, finances, management: Topical issues of science and practical activity» is the coverage of leading scientific ideas in the economic, financial and management activities of the sectors of the national economy and the involvement of representatives of the domestic and foreign scientific professional community.


Objectives of the journal:

  • publication of research findings on innovation in the economy, financial and management spheres, innovation of production processes;
  • expanding partnerships with international scientific publishing organizations;
  • enhancing the culture of reviewing and annotating published material;
  • adherence to editorial ethics.


Article publishing is a paid service. Cost for printing in professional publications in accordance with the Decree of the Cabinet of Ministers of Ukraine of August 27, 2010 No. 796 "On approval of the list of paid services that can be provided by state educational institutions, other institutions of the educational system belonging to state and communal ownership" and the order Rector of the Higher Education University Mazura VA dated March 14, 2018 No. 93 “On setting the cost of printing in professional editions of the University”.

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History of journal:

It was founded in 1997 under the name "Bulletin of the Vinnytsia State Agricultural Institute". In 2010-2014 he was published under the title “Collection of scientific works of Vinnitsa National Agrarian University”.

From 2015 ”Economy, finances, management: Topical issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 of PR as of December 31, 2014)

According to the decision of National Council of Television and Radio Broadcasting of Ukraine from 25.04.2024 No. 1337 the scientific journal «Economy, finances, management: topical issues of science and practical activity» has the ID of the Media R30-05171.