The purpose of the research-is to study the role of state finance in the process of ma-naging the economy in the conditions of a market economy and the path to its improvement.

The methodology of the research - comparative analysis, systematic approach, methods of logical generalization, as well as approaches of a number of scholars and researchers on this problem.

The practical importance of the research - the results obtained and the scientific and economic provisions can be used in the development of action strategies, complex activities and government programs to improve the mechanisms of economic management.

The results of the research- are based on the fact that by changing the priorities of public fiscal policy, it affects not only the softening of economic fluctuations in the economy, but also the stabilization and post-stabilization of the economy.

The originality and scientific novelty of the research - regulation through public finance - is a concept that reflects the process of achieving macroeconomic balance and progressive development in the economy, the impact of the state on business entities in a particular situation using adequate and consistent financial methods.

Keywords: market economy, public finance, state budget, public spending, state re-gulation of the economy, macroeconomic balance.