Analysis of the financial economy of the Armed Forces Modernisation Fund
The implementation of defence activities requires the allocation of specific financial resources for this purpose. The scope and quality of these activities often depends on the amount of the allocated funds. The vast majority of them come from the national budget. There are also specific organisati...
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| Format: | Article |
| Language: | English |
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Military University of Land Forces
2020-06-01
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| Series: | Scientific Journal of the Military University of Land Forces |
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| Online Access: | http://zeszyty-naukowe.awl.edu.pl/gicid/01.3001.0014.2554 |
| _version_ | 1818327390632280064 |
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| author | Konrad Stańczyk |
| author_facet | Konrad Stańczyk |
| author_sort | Konrad Stańczyk |
| collection | DOAJ |
| description | The implementation of defence activities requires the allocation of specific financial resources for this purpose. The scope and quality of these activities often depends on the amount of the allocated funds. The vast majority of them come from the national budget. There are also specific organisational and legal solutions allowing for the possibility of financing defence expenditures, including financing of the Armed Forces from other sources off-budget. One of such solutions is the Armed Forces Modernisation Fund, which functions as a special purpose fund. This fund is a national special purpose fund, which has no legal personality and is one of the sources of financing of the Armed Forces Development Programme. Its main advantage is the fact that it is not subject to rigid budgetary discipline, which makes it possible to continue financing certain public services over the next few financial years. Such a solution allows for the intended accumulation of public resources which have not been used by the fund before the end of the calendar year. The aim of this study is to analyze the financial economy, i.e. the analysis of revenues and costs as well as effects of tangible property expenses incurred by the Armed Forces Modernization Fund. The analysis covers the period of the years 2016-2018. |
| first_indexed | 2024-12-13T12:15:31Z |
| format | Article |
| id | doaj.art-2c109a5ac02f4b47ad5913a9b6e09349 |
| institution | Directory Open Access Journal |
| issn | 2544-7122 2545-0719 |
| language | English |
| last_indexed | 2024-12-13T12:15:31Z |
| publishDate | 2020-06-01 |
| publisher | Military University of Land Forces |
| record_format | Article |
| series | Scientific Journal of the Military University of Land Forces |
| spelling | doaj.art-2c109a5ac02f4b47ad5913a9b6e093492022-12-21T23:46:43ZengMilitary University of Land ForcesScientific Journal of the Military University of Land Forces2544-71222545-07192020-06-01196246847910.5604/01.3001.0014.255401.3001.0014.2554Analysis of the financial economy of the Armed Forces Modernisation FundKonrad Stańczyk0Faculty of Logistics Security and Management, The Military University of Technology, Warsaw, PolandThe implementation of defence activities requires the allocation of specific financial resources for this purpose. The scope and quality of these activities often depends on the amount of the allocated funds. The vast majority of them come from the national budget. There are also specific organisational and legal solutions allowing for the possibility of financing defence expenditures, including financing of the Armed Forces from other sources off-budget. One of such solutions is the Armed Forces Modernisation Fund, which functions as a special purpose fund. This fund is a national special purpose fund, which has no legal personality and is one of the sources of financing of the Armed Forces Development Programme. Its main advantage is the fact that it is not subject to rigid budgetary discipline, which makes it possible to continue financing certain public services over the next few financial years. Such a solution allows for the intended accumulation of public resources which have not been used by the fund before the end of the calendar year. The aim of this study is to analyze the financial economy, i.e. the analysis of revenues and costs as well as effects of tangible property expenses incurred by the Armed Forces Modernization Fund. The analysis covers the period of the years 2016-2018.http://zeszyty-naukowe.awl.edu.pl/gicid/01.3001.0014.2554defence economicsnational securitypublic financemilitary finance |
| spellingShingle | Konrad Stańczyk Analysis of the financial economy of the Armed Forces Modernisation Fund Scientific Journal of the Military University of Land Forces defence economics national security public finance military finance |
| title | Analysis of the financial economy of the Armed Forces Modernisation Fund |
| title_full | Analysis of the financial economy of the Armed Forces Modernisation Fund |
| title_fullStr | Analysis of the financial economy of the Armed Forces Modernisation Fund |
| title_full_unstemmed | Analysis of the financial economy of the Armed Forces Modernisation Fund |
| title_short | Analysis of the financial economy of the Armed Forces Modernisation Fund |
| title_sort | analysis of the financial economy of the armed forces modernisation fund |
| topic | defence economics national security public finance military finance |
| url | http://zeszyty-naukowe.awl.edu.pl/gicid/01.3001.0014.2554 |
| work_keys_str_mv | AT konradstanczyk analysisofthefinancialeconomyofthearmedforcesmodernisationfund |