Proceedings of the International scientific and practical conference ―Cambridge Science and Education Conference‖ (May 15-17, 2026) / Publisher website: www.naukainfo.com. - Cambridge, United Kingdom, 2026. - 429 p.

28 the conditions and the set of instruments, levers and their use were constantly changing in peacetime, and even more so in wartime. In addition, this process depended on the cycle of the economic phase, the level of development of the socio- economic sphere, the need to solve urgent social problems. Financial instruments changed taking into account the state of development of society and the influence of endogenous and exogenous factors. Budgetary policy, as a component of financial policy, plays an important role in the system of financial policy instruments of the country in fulfilling the tasks of social development. After all, its instruments influence the formation of budget revenues and the directions of use of budget expenditures. The State Budget of Ukraine is a regulator of the economy, reflecting the volumes of financial resources needed by the state, determining priority areas for the use of funds and vectors of the state's financial activity. Budget expenditures as an instrument of the state's financial policy play an important role in financing the goals and objectives of social development. Rational choice of forms and methods allows ensuring the efficiency and effectiveness of the use of budget expenditures [4, p.91]. The adaptability of the state's financial policy is an important factor in its effectiveness in the system of ensuring the implementation of tasks and goals of social development. In addition, the development of the budget component is also necessary. Thus, the assessment of the impact of the state's financial policy must take into account transformations in the field of public finance management, which is a necessary condition for building an institutional environment and achieving significant performance indicators. The priority areas of socially oriented budget policy and increasing the efficiency of social budget expenditures are strengthening capacities, especially institutional ones, for local authorities, ensuring their financial sustainability, and balancing all levels of budgets, both local and state. At the modern level, as in essence and always, the issue of improving the budget planning institute, achieving balance at all levels of the budget, optimizing the distribution of budget spending powers between levels of government in order to