Budgetary Funds Management in Ukraine: Constitutional and International Treaties Regulation
The article analyzes important meaning of determining the advantages and threats of choosing a dominant domestic (constitutional) or external (international treaties) vector of budgetary funds administration to ensure the certainty of the development direction of the financial, economic and legal system of the states that are still in the stage of formation. The resolution of this task is an integral part of the characteristics of the state’s basic functioning, with the determination of the primacy of the respective sources regulation.
The study uses general scientific and special scientific methods, the basis of which is the application of the results of theoretical studies, statistical and other generalized information on the functioning of the legal and financial system of Ukraine. Ukraine recognizes the primacy of international legal regulation, however, if it does not contradict the Constitution.
In the context of globalization and threats to identity, special measures shall be applied by the state to protect its financial stability and independence. It is stated in the article that special attention should be paid to normative principles, which shall be reflected in the legislation. Moreover, the article analyzes the acts of soft law in the framework of cooperation with international financial organizations, which differ from ‘ordinary’ treaties, but bear a politically binding component. It is concluded that the international obligations of the state, taken under international treaties in the financial and budgetary sphere, cannot create direct consequences for citizens, but must be realized in the legal system through national law-making.
 Belov, V., and Proshunin, M. 2012. Financial and legal institutes of foreign countries.
 Delledonne, G. 2012. Financial Constitutions in the EU: From the Political to the Legal Constitution? Sant' Anna Legal Studies (STALS) Research Paper 5 (November, 2012), https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2180014, DOI: http://dx.doi.org/10.2139/ssrn.2180014.
 Delledonne, G. 2014. A Legalization of Financial Constitutions in the EU? Reflections on the German, Spanish, Italian and French Experiences. In The Constitutionalization of European Budgetary Constraints by M. Adams, F. Fabbrini and P. Larouche, 181-204. Oxford and Portland, Oregon.
 Dmytryk, O. 2010. Sources of financial law: problems and perspectives of development. Apostrof.
 Grundgesetz für die Bundesrepublik Deutschland. Textausgabe mit Stichwortregister, 2013.
 Havryliuk, R. 2006. Constitution of the state and public finances: problems of theory. Pravo Ukrainy 12: 15-19.
 Klimova, S.M. 2016. Public finances management as a part of state administration reform in Ukraine. Derzhava ta rehiony. Seriia: pravo 3 (53): 84-89.
 Kormych, B. 2018. Global administrative law: key aspects of conceptualization. Lex portus 1(9): 21-32.
 [Lastra, R.-M. 200. IMF Conditionality. Journal of International Banking Regulation 4: 167–182, DOI: 10.1057/palgrave.jbr.2340138.
 Ministry of Finance of Ukraine. The structure of the state debt and the state guaranteed debt of Ukraine. 2020. http://www.mof.gov.ua/uk/derzhavnij-borg-ta-garantovanij-derzhavju-borg, (accessed January 22, 2020).
 Mishchenko, L.V., Chycha, R.P., and Yevdokimenko, S.V. 2018. Adaptation of budgetary legislation of Ukraine to the requirements of the European Union and the impact of economic risks on the state budget indicators. Financial and credit activity: problems of theory and practice vol. 4, no. 27: 390-402, DOI: https://doi.org/10.18371/fcaptp.v4i27.154223.
 On international laws of Ukraine: The Law of Ukraine dated from 26 June 2004 No. 1906-IV. https://zakon.rada.gov.ua/laws/show/1906-15, (accessed March 23, 2020).
 Paryzkyy, I.V. 2019. State Policy of Innovative Development of National Economy: Situation and Issues of Implementation. Journal of Advanced Research in Law and Economics, [S.l.], v.9, n.8: 2721-2732, https://journals.aserspublishing.eu/jarle/article/view/4129, doi: https://doi.org/10.14505//jarle.v9.8(38).21, (accessed March 2, 2020).
 Pukhtetska, A. 2013. Formulation of global administrative law. Naukovi zapysky NaUKMA. Yurydychni nauky 144/145: 117-119.
 Rechytskyi, V. 2014. Constitutionalism. Short version (reading book from constitutionalism for involved. Kharkivska pravozakhysna hrupa Prava liudyny.
 Saliy, S. 2019. Legal regulation of public financial activities in Ukraine in the context of interaction with international financial organizations. Ph.D. diss., Ivan Franko National University of Lviv.
 Seleznev, A.Z. et al. 2017. Budgetary Policy as a Tool of Macroeconomic Regulation of the Economy and Social Sphere. Journal of Advanced Research in Law and Economics, [S.l.], v.7, n.7: 1845-1853, https://journals.aserspublishing.eu/jarle/article/view/776, (accessed April 15, 2020).
 Siekmann, H. 2009. Grundgesetz: Kommentar. Fifth Edition.
 Tatuev, A.A. et al. 2017. Budget Constraints and Expanding of Non-Governmental Organizations Participation in the Implementation of State's Social Policies. Journal of Advanced Research in Law and Economics, [S.l.], v.8, n.6: 1980-1988, https://journals.aserspublishing.eu/jarle/article/view/1860, (accessed April 12, 2020).
 The Budget Code of Ukraine: the Law of Ukraine dated from 8 July 2010 No. 2456-VI. https://zakon.rada.gov.ua/laws/show/2456-17, (accessed April 5, 2020).
 Voronova, L. 2012. General principles of financial law and its institutes. In: Principles of financial law by V.Ya. Tatsiy, Yu.P. Bityak, L.K. Voronova. Pravo.
The Copyright Transfer Form to ASERS Publishing (The Publisher)
This form refers to the manuscript, which an author(s) was accepted for publication and was signed by all the authors.
The undersigned Author(s) of the above-mentioned Paper here transfer any and all copyright-rights in and to The Paper to The Publisher. The Author(s) warrants that The Paper is based on their original work and that the undersigned has the power and authority to make and execute this assignment. It is the author's responsibility to obtain written permission to quote material that has been previously published in any form. The Publisher recognizes the retained rights noted below and grants to the above authors and employers for whom the work performed royalty-free permission to reuse their materials below. Authors may reuse all or portions of the above Paper in other works, excepting the publication of the paper in the same form. Authors may reproduce or authorize others to reproduce the above Paper for the Author's personal use or for internal company use, provided that the source and The Publisher copyright notice are mentioned, that the copies are not used in any way that implies The Publisher endorsement of a product or service of an employer, and that the copies are not offered for sale as such. Authors are permitted to grant third party requests for reprinting, republishing or other types of reuse. The Authors may make limited distribution of all or portions of the above Paper prior to publication if they inform The Publisher of the nature and extent of such limited distribution prior there to. Authors retain all proprietary rights in any process, procedure, or article of manufacture described in The Paper. This agreement becomes null and void if and only if the above paper is not accepted and published by The Publisher, or is with drawn by the author(s) before acceptance by the Publisher.