The essence of the financial system and the way of its effective development

This article focuses on the financial system, as it is very urgent, because the sound financial system is a core in the development and successful functioning of a market economy and a prerequisite for the growth and stability of the economy as a whole. The financial system is the basis for mobilizing and distributing savings societies and facilitate its daily operations, which is why you need to create a sound financial system. In recent years, the question of creating a sound financial system and financial policy of the state is dedicated to a significant number of publications. However, the unity of the theoretical aspects of this problem has not been reached. The article provides an analysis of the term "system" lists summary measure for evaluating the performance of the financial system of the country and its regions, offers activities to improve the functioning of the financial system