PRINCIPLES OF REGULATORY ACTIVITY OF PUBLIC ADMINISTRATION BODIES AS THE BASIS FOR PROTECTION BUSINESS ENTITIES’ RIGHTS AND INTERESTS

(hereinafter referred to as the Strategy) was developed in our country, which defined the goal, main directions and top priorities of the social and economic, political and legal conditions for the formation and development of our State. The main objective of the Strategy is to introduce European standards of life in Ukraine and its entry into the leading positions in the world. One of the main priorities is the restoration of macroeconomic stability, ensuring sustainable growth of the economy in an environmentally friendly manner, creating favorable conditions for conducting economic activity. Thus, in today's situation, the improvement of the State regulatory policy in the field of economic activity (hereinafter – regulatory policy) plays an important role. The mechanism of regulatory activity of public administration bodies, defined by the Law of Ukraine “On the Principles of State Regulatory Policy in the Field of Economic Activity”, should create the best conditions for improving the business climate in our country. Preventing the adoption of economically inexpedient and ineffective regulatory acts, and thereby reducing government interference in the activities of business entities, will contribute to further deshadowing of the economy and development of entrepreneurship.