TO THE PROBLEM OF FORMING FINANCIAL POLICY FOR SUSTAINABLE DEVELOPMENT OF UKRAINE

Abstract

The article presents an expanded theoretical and methodological justification of the author’s approach to shaping the architectonics of sustainable development financial policy, conceptualized as an integrated system of instruments, mechanisms, and strategic decisions aimed at ensuring the balanced socio-economic development of the state. It emphasizes that sustainable development financial policy functions as a strategic instrument of public regulation, enabling the rational allocation of financial resources, maintaining macroeconomic stability, enhancing national economic competitiveness, and creating the conditions necessary for achieving the Sustainable Development Goals. In light of contemporary global challenges— including environmental threats, energy instability, structural imbalances, and rising social risks—the study substantiates the need to reformat the conceptual foundations of financial policy and conduct a comprehensive audit of its core components.

The research proposes an original model of the architectonics of sustainable development financial policy, structured around four key dimensions: budget strategy, fiscal policy, investment policy, and the system of financial control. It is argued that the ecological orientation of budget strategy, the stimulation of sustainable expenditures within fiscal policy, the support of green technologies through investment instruments, and the introduction of ESG reporting into financial control collectively form a new logic of public governance  oriented toward long-term resilience and responsibility. This architectonic framework enables the redirection of financial flows toward environmentally safe, socially significant, and economically efficient projects, ensuring the systemic integration of sustainable development principles into the state’ s financial policy. The study concludes that the proposed approach provides a methodological foundation for the modernization of public finance, enhances the effectiveness of financial regulation, and creates the conditions necessary for achieving the Sustainable Development Goals in the long-term perspective. This model may serve as a basis for developing strategic policy documents, improving institutional mechanisms, and designing new financial policy instruments oriented toward sustainability, innovation, and accountability.