IMPROVING THE ACTIVITIES OF PUBLIC FINANCEMANAGEMENTBODIES

Abstract

In the 1920s–1930s, in order to increase the country’s economicpotential,therole of the state in the economy grew significantly, and it took onmanyeconomicand social functions. This, in turn, required the establishment of a professionalcivilservice and strengthening all structures of public administration. Duringthesubsequent administrative reforms of the 1970s–1990s, so many tasks andfunctionswere assigned to the state that, under political, economic and social pressures,itbecame unable to fulfill these obligations effectively. These circumstanceshighlighted the need for administrative reforms within the systemofpublicadministration. The reforms also encompassed the systemof publicfinancemanagement. The aim of these reforms was to improve the efficiencyofpublicfinance, the state budget, and the management and regulation of thebudgetaryprocess. Therefore, bringing the activities of related institutions intoalignmentwithongoing economic and democratic reforms, coordinating themtoachievepositiveresults, and raising them to a new qualitative level in both formandsubstancehasbecome necessary