Characteristics of Budget Law special principles

Abstract

The purpose of the article is to define and characterise the principles of Budget Law. It is argued that the principles of budget law are most appropriately understood as the starting points, the initial ideas which form the basis for the functioning and further development of the relevant branch of law. The principles are intended to reflect the basic realities of social life in which certain processes under study take place or social relations are carried out. Thus, not only the functioning of Budget Law, but also all social legal relations regulated by the rules of the legal field under study depend on the content of the principles under study.

The article identifies and describes the following special principles of budget law: the principle of economic feasibility; the principle of coherence of budget policy; the principle of stimulating the development of local budgets; the principle of dominance of the State budget; the principle of balance; the principle of unity of the budget system of Ukraine; the principle of targeted use of budgetary funds. The attention is focused on the fact that not all of these principles have been enshrined in law, and therefore this gap needs to be addressed.

At the level of legal technique, it is necessary to ensure maximum detail of universal principles by taking into account the most problematic aspects in a particular area. Such principles need to be detailed, if not at the level of relevant laws, then reflected in the provisions of by-laws that would describe these principles with reference to specific situations in which they can be implemented in practice.