Features of single treasury account management in the context of budget funds liquidity management

The features of the structure and mechanisms of single budget account administration in solving the issue of ensuring budgetary funds liquidity have been studied. The key aspects of single treasury account functioning as a tool for consolidation and optimization of public finances have been presented. The main attention has been paid to the methodologies of calculating budgetary funds balance on single treasury account. Emphasis has been placed on the methods that combine elements of static and forecasting approaches, which provides more accurate and reliable liquidity planning. The analysis of modern liquidity management technologies, including automated systems and machine learning algorithms, which contribute to improving forecasts accuracy and decision-making efficiency, has been carried out. The analysis of the international experience in managing single treasury account and individual countries’ practice allowed to assess implementation of modern technologies and liquidity management methods. It has been concluded that the single account management technologies in most countries are continuously improving and adapting to new requirements, considering digital innovations implementation, which ensures high efficiency and security of financial operations. Successful examples of integration of automated financial flow management systems, use of machine learning algorithms for forecasting and optimization of balances on single treasury account, as well as the interdepartmental interaction mechanisms to improve transparency and efficiency of budget management have been considered. The recommendations for improving budget financial sustainability and minimizing the risks of funds deficit and the prospects for innovative approaches implementation to the single treasury account management system have been given, and it can contribute to improving budgetary resources efficiency.

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