Problems of budget policy and prospects for their solution in the Republic of Armenia

Authors

  • Gevorg Kirakosyan YSU
  • Vardan Bostanjyan YSU

DOI:

https://doi.org/10.46991/BYSU:G/2021.12.2.079

Keywords:

Budget policy, budget process, budget revenues and expenditure, public finance

Abstract

The article is devoted to the examination of questions of budget process organization. The basic approaches of budgeting and the factors that influence on it are discussed in the article. The basic methods of budgeting and their advantages and disadvantages are presented in the article. The existing limitations in the budgeting process and related political and economic factors are examined as well. The basic approaches of the budget planning in the context of financial planning are explored and presented the ways of their practical use at the present stage of economic development of the Republic. The approaches on improving of the budgetary process and increasing the use of the state funds are developed.

Author Biographies

Gevorg Kirakosyan, YSU

Associate Professor at the Chair of Finance and Accounting

Vardan Bostanjyan, YSU

Professor of the Chair of Finances and Accounting

Published

2021-09-15

How to Cite

Kirakosyan, G., & Bostanjyan, V. (2021). Problems of budget policy and prospects for their solution in the Republic of Armenia. Bulletin of Yerevan University G: Economics, 12(2 (35), 79–87. https://doi.org/10.46991/BYSU:G/2021.12.2.079

Issue

Section

Finance