THE BUDGETARY SYSTEM OF REPUBLIC OF MOLDOVA: ESSENCE, OBJECTIVES AND MAIN FEATURES

Галина УЛИЯН, Юлия КАПРИЯН, Татиана ВИШАНУ Молдавский государственный университет

Abstract

The budget system is an integrated system of budgets and funds that constitute the national public budget, comprising the state budget, the social state security budget, the administrative-territorial unit budgets and mandatory health insurance fund. Fiscal policy is part of government policy which is concerned with raising revenue through taxation and other means, and deciding on the level and pattern of expenditure with a view to correct the situations in the economy. Keywords: budgetary system, fiscal policy, public loans, public revenues, public expenditures, public sector.