Proceedings of the International scientific and practical conference “Science in the Modern World” (January 19-21, 2026) / Publisher website: www.naukainfo.com. - Cambridge, United Kingdom, 2026. - 203 p.

65 The degree of state efficiency is determined by the level of increase in revenues to budgets of all levels, profits of state-owned enterprises, real incomes of citizens, and the creation of conditions for economic growth. The implementation of these tasks is achieved through the use of effective tools, levers and methods of mobilizing finances, their effective, systematic and, most importantly, rational distribution, as well as the direction of this resource in important areas of the country's socio-economic development using mechanisms for systemic management and monitoring of the performance of functions. Public finances include: the state budget; centralized and decentralized funds, finances of local governments and state-owned business entities, as well as state loans, insurance [1]. Public finances as an economic category consist of a system of established economic relations regarding the formation, distribution and use of financial resources to ensure the socio-economic development of society, meet its urgent needs and maintain an appropriate level of national security in relation to external and internal factors of influence [2, р. 35]. An important component of the state is the volume of mobilized financial resources to solve the main tasks and functions that the country faces at the appropriate stage of development. The share of financial resources received by the state and local budgets is an indicator that indicates the level of centralization or decentralization of the public finance management system. To objectively reveal the actual state and essence of functional tasks in managing public finances in wartime, it is important to pay attention to the expenditures of the consolidated budget of Ukraine, which reflect the state of political, socio-economic development of the country. First of all, we analyzed macro indicators in recent years and found that for the period 2021-2022, the expenditures of the consolidated budget in 2022 compared to 2021 increased more than twice (by 60.6%) or by 1,199,121.4 million hryvnias. If we consider the volume of expenditures by budget type, we can clearly see a trend towards a significant share of state budget expenditures, which in 2021