FINANCIAL REGULATION OF POPULATION INCOME

One of the important elements of public economic management is the income policy. The income policy pursued by society is an important component of the overall socio-economic policy, as income indicators are characteristics of the level of well-being, satisfaction of needs and further development of the individual and economic characteristics at the same time. However, the current crisis indicates a lack of research on income and its impact on living standards, particularly at the regional level.

There are significant disparities in the dynamics and trends of consumption, as well as in labor market situation. The problem of income generation is one of the most acute, especially in conditions of instability of economic development. Achieving sustainable economic development is possible only with the implementation of a comprehensive program that would ensure an increase in income, which would create the preconditions for improving the living standards of the population.