Proceedings of the International scientific and practical conference ―Toronto Congress of Advanced Research‖ (April 20-22, 2026) / Publisher website: www.naukainfo.com. – Toronto, Canada, 2026. - 174 p.

32 innovation and investment attractiveness, sustainability of public finances, etc. This can be achieved by solving a number of important scientific and practical tasks, including optimization of budget expenditures, effective allocation of funds, prioritization of budget programs, investment projects, targeted use, as well as timeliness and completeness of financing in order to achieve the predicted result. The main components of budget regulation are budget revenues and expenditures, the system of intergovernmental relations, public debt, tax and customs policy, internal and external factors of the economic situation, etc. The need to improve budget regulation is actualized by the need to take into account exogenous and endogenous factors of influence, continue structural reforms in the national economic system, meet the needs for the country's defense capability, stimulate the development of productive forces, improve existing socio-economic relations, influence the activity of economic agents, promote investment attractiveness, competitiveness of the economy, etc. Currently, there is a need to rethink the role and significance of budget expenditures under martial law, and to find effective mechanisms for managing budget expenditures in order to ensure adequate funding for the needs of the armed forces and other sectors of a warring country. First of all, to reveal the topic of the study, it is advisable to establish the essence of the definitions of "budget expenditures" and their interpretation in modern scientific and economic literature. In our opinion, budget expenditures are a reflection of economic relations related to the distribution and redistribution of GDP, centralized funds of funds concentrated in the budget and their targeted use for the implementation of various socio-economic programs and activities within the budget system of the country [4, c.30]. The Budget Code of Ukraine has separated the concepts of "expenses expenditures" and "budget expenditures". According to the norms of the Budget Code (clause 13 of Article 2), budget expenditures are funds allocated for the implementation of programs and activities provided for by the relevant budget [5].