№ 3/2021

Fìnansi Ukr. 2021 (3): 60–83https://doi.org/10.33763/finukr2021.03.060

FINANCIAL AND ECONOMIC REGULATION

RADIONOV Yurii ¹

¹Accounting Chamber of Ukraine
OrcID ID : https://orcid.org/0000-0002-1691-1090

The main principles of forming the priorities of the socio-economic development strategy of the country

The article substantiates the need for the formation and implementation of the socio-economic development strategy of the country as a basis for sustainable and dynamic development. International and domestic experience, formation and approval of the strategy are analyzed. Based on the study and analysis of the situation, the author proposed a mechanism for determining the priorities of the strategy, the application of criteria of relevance and feasibility as a basis for setting priorities. Relevance criteria are divided into critical, important and desirable, where a critical priority is the event that must be carried out at a certain time despite the necessary resources; an important priority is one that has a positive effect on efficiency, but is determined by the resource limit, and a desirable priority is one that can have a positive effect on efficiency, but resources and deadlines depend on their availability after the implementation of other measures. The implementation criterion is divided into political, technical and financial. Political implementation involves the support of the government and the parliament in the adoption of relevant laws, regulations and more. The technical implementation of the strategy is based on the appropriate infrastructure, potential, complexity, timing, as well as the sequence of implementation of certain activities. The financial criterion is based on financial needs, capital and other expenditures, the need to increase efficiency or mobilize additional financial resources. The need to prepare an operational plan, which should be holistic, clear, specific, flexible, clear, controlled, easy to manage and interrelated with the budget, is justified. The operational plan should encourage executors to act without confusion or misinterpretation of what should be done, how and when.

Keywords:strategy, priorities, criteria, management, planning, budget expenditures, socio-economic development of the country

JEL: Н50, О11

RADIONOV Y. . The main principles of forming the priorities of the socio-economic development strategy of the country / Y. . RADIONOV // Фінанси України. - 2021. - № 3. - C. 60-83.

Article original in Ukrainian (pp. 60 - 83)

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