Budgetary provision of national goals based on the harmonization of interests of the state, business and citizens

Authors

  • L. A. Omelyanovich Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky
  • D. S. Gvasalia Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky
  • O. Yu. Rudenok Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky

Keywords:

budget provision, national goals, harmonization of interests, budget policy, budget expenditure, social policy

Abstract

The article is devoted to the analysis of budget provision of national goals in the context of harmonization of interests of the state, business and citizens. It was noted that an effective budget policy should take into account and integrate the interests of all three parties, which is a prerequisite for achieving sustainable development and public welfare.

The article highlights the importance of an integrated approach to budget financing, highlighting current key areas of federal budget spending such as social policy and defense. Attention is drawn to the need to form a system of partnership and coordinated actions between the state, business and citizens, which will minimize social conflicts and achieve a more harmonious co-existence.

The article analyzes scientific approaches to the concept of "harmonization of interests", offering various interpretations of this term, which reveals the versatility of this process. The study focuses on socially responsible business activities, the involvement of citizens in economic life, and the importance of transparency in the budget process to build trust between all participants.

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Author Biographies

  • L. A. Omelyanovich, Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky

    Doctor of Economic Sciences, Professor of the Department of Finance and Economic Security

  • D. S. Gvasalia, Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky

    Candidate of Economic Sciences, Associate Professor of the Department of Finance and Economic Security

  • O. Yu. Rudenok, Donetsk National University of Economics and Trade named after Mikhail Tugan-Baranovsky

    Candidate of Economic Sciences, Associate Professor of the Department of Finance and Economic Security

References

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Omelyanovich L.A., Rudenok O.Yu. (2023). Private investments as a source of financing public-private partnership projects. Management Accounting, 7, 260-266. [In Russian] https://doi.org/10.25806/uu72023260-266

Gvasalia D.S. (2024). Financial Vector of Socialization of Budgetary Relations Based on Harmonization of Interests of the State, Business and Citizens. Financial control and treasury support of targeted funds: development prospects in the context of digitalization. Donetsk: Publishing house of FLP Kiriyenko S.G. [In Russian]

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Published

2026-01-03

Issue

Section

Finance, money circulation and credit

How to Cite

Budgetary provision of national goals based on the harmonization of interests of the state, business and citizens. (2026). Economic Research Institute Journal, 40(4(40), 112-122. https://journals.econri.org/index.php/journal/article/view/814

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