ABSTRACT

During the 2020 crisis, the digitalisation of the public finance sector and the use of digital finance solutions enabled governments to react with unprecedented speed. Changes in the economy and the proactive adaptation of society to the new conditions caused by Covid-19 have resulted in the need to set out the next stage of digitalisation of the public finance sector. The chapter provides an overview of the current state of research on the digitalisation of the public finance sector and extends the ongoing discussion to include possible directions for further development in the post-pandemic socio-economic reality. We will attempt to analyse the issue of digitization of the public finance sector, taking into account the following perspectives: (1) digital tools and the way in which the public finance sector uses them to carry out current tasks; (2) the development of digitalisation and the way in which it now allows to meet the needs of the sector in creating simple, agile, effective and cheap public services; (3) the digitalisation and personalisation of the needs of stakeholders, addressing the need of create new values and set new directions of activities after Covid-19.