Factors Leading to Tax Evasion and its Impact on Budget Deficit Growth

Abstract

The issue of optimal management of budget deficit and public debt, which is the main component of the country's economy, is one of the main tasks of the financial system. Based on this, the article examines the most important tasks for the finances of all countries, such as the correct formation of public debt, ensuring that it does not exceed regulatory limits and ser vicing it. Also in the article, the relations associated with the formation of an effective strategy for financing public debt, its servicing and payment have a significant impact on the composition of public finances, money circulation, the currency system, the investment environment, consumption and savings.