IMPROVING THE STATE’S FISCAL POLICY IN THE CONTEXT OF MACROECONOMIC STABILITY
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Abstract
This article is devoted to the issues of improving the state’s fiscal policy in the context of ensuring macroeconomic stability. Amid accelerating economic transformation, global challenges, and increasing fiscal pressure, the government faces the task of developing a flexible and balanced fiscal strategy. The study analyzes key directions of tax and budgetary policy, including expanding the revenue base, optimizing budget expenditures, enhancing the targeting of social transfers, and reforming intergovernmental fiscal relations. Special attention is given to the role of institutional reforms, digitalization of public financial management, and attracting sustainable sources of financing in ensuring long-term fiscal stability. Based on the analysis conducted, practical recommendations are presented to improve the effectiveness of fiscal policy considering the goals of sustainable development and the country’s economic security.
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