SECURITY COMPONENT OF FINANCIAL MANAGEMENT OF PUBLIC DEBT

Abstract

The article reviews scientific approaches to clarifying various aspects of integrating the principles of sustainable development into the financial management system at the state level and the significance of the impact of its security component on national security. It is established that the emergence of new issues in the development of the socio-economic sphere, the emergence of global crisis processes, as well as a significant exacerbation of various challenges in the context of security require increasing the efficiency of all subsystems of financial management at the state level, its long-term direction and consistency with national development goals based on compliance with key security principles. The key risks of forming an appropriate level of the security component of the management of state debt obligations at the current stage are identified, which can be leveled by taking appropriate measures of monetary, budgetary, currency and fiscal regulation in accordance with world practices. In the context of the security of financial management of state debt, the impact of individual subsystems of national management on the efficiency of financial management at the state level is determined. It is determined that the security component of financial management of public debt is implemented on the basis of ensuring, in the process of attracting loan capital, the protection of public interests from external and internal threats, which ensures the stability, solvency of the state and the effective use of the attracted resources. The main determinants of ensuring the security component of public debt management in the context of modern realities of the development of national financial and economic systems are identified and characterized. The focus of increased attention on the security aspects of public financial management of debt obligations is justified, given its exceptional importance for ensuring the stability of the national financial system and priority for all subjects of public administration at the present stage. Conclusions are drawn and the issues of further research are outlined.