The Fiscal Policy Research Center places strong emphasis on education. Our goal is to disseminate knowledge, skills, and competencies to improve public finance management and support sustainable development.
Understanding public finances is important for Ukrainians for several reasons:
Transparency and accountability: Citizens who understand how public finances work can play a more active role in overseeing expenditures and participating in decisions on how budget funds are allocated.
Anti-corruption efforts: Knowledge of financial processes helps identify potential schemes and corrupt practices in the management of public funds.
Efficient use of resources: Informed citizens are better equipped to objectively assess the effectiveness of budget-funded programs and projects.
Participation in decision-making: Understanding public finances enables citizens to engage more actively in democratic processes, including discussions on budget issues and decisions on the allocation of public funds.
Therefore, educating Ukrainians to understand and analyze public finances is a key element in strengthening democracy, combating corruption, and improving the efficiency of public resource management.
Public Policy and Governance
In 2020, Viktor Maziarchuk taught the course “Fundamentals of the Budget Process” at the Kyiv School of Economics.
The course is designed to provide a comprehensive understanding of the budget process and its key features. The program consists of several interrelated components:
Theoretical block: covers the stages of the budget process and analyzes the key documents prepared at each stage (the Budget Declaration, the draft State Budget, and the State Budget Execution Report). It also introduces the underlying documents used in their preparation (guidelines, budget requests, and others), as well as the specifics of adopting and implementing the State Budget.
Historical block: examines selected aspects of the budget process over recent decades, helping participants better understand its evolution and institutional context.
Analytical block: focuses on analyzing the specifics of budget planning and execution, as well as selected budget programs through practical case studies.