Proceedings of the International scientific and practical conference ―Modern Research and Education‖ (May 2-4, 2026) / Publisher website: www.naukainfo.com. – Warsaw, Poland, 2026. - 523 p.

39 Of course, in order for the financial system of Ukraine to be stable and function effectively, to ensure sustainable dynamics of socio-economic development, it is necessary to carry out reforms in the economy and social sphere. Reforms should be aimed at increasing the competitiveness of the domestic economy, taking into account its resource-based industries, gaining new competitive advantages that arise as a result of active structural changes in the world economic system. Ensuring the stability of the financial system allows Ukraine to minimize the negative impact on the economy during and after the economic recession, the susceptibility of the Ukrainian economy to overcoming crises, and the use of new opportunities for economic growth, in order to join the group of countries that are successfully and dynamically developing in the future. In our opinion, ensuring the stability of the financial system should be one of the main tasks of the Government in implementing state economic policy. It is impossible to form and properly maintain macroeconomic stability if the financial system is vulnerable and unbalanced. Meanwhile, it is impossible to ensure the stability of the financial system in conditions of high, unstable inflation, volatility of asset and real estate prices. The level of providing the country with the appropriate amount of financial resources and the effective implementation of both strategic and tactical tasks of the socio-economic development of the state depends on the construction of a high- quality, balanced, and sustainable financial system. The issues of sustainability of the financial system are relevant not only today, but always, especially in a changing, unstable economic environment, therefore, in this relationship, the following are important: • timely identification and elimination of destructive factors; • optimization of sources of financial resources to budgets of all levels for the successful performance of state functions; • development of an effective mechanism for managing the financial system aimed at overcoming the consequences of the financial crisis and other shocks;