Constitutional Regulation and Financing of Elections

The article focuses on problems of constitutional regulation of elections and requirements for candidates for representative positions in a democratic society. The issue of financing elections and solutions for this problem were considered, taking into account the "financial" qualification that was set at the legislative level in many democratic states of the world. The terminology that is present in the constitutional legal science concerning the regulation of elections is analyzed, the stages in the election process are considered and the main problems that occur during this process are revealed. In the course of the study of the topic, the author concludes on the need for financial control and monitoring of expenditures from the state budget during the electoral process, not only to detect a violation of legislation or to identify financial crimes, but also to determine the profitability of the electoral process as a whole, for its reformation and to reduce budget expenses during the elections. Also, the author comes to the conclusion that it is necessary to bring the financial qualification to the financial capability of all citizens of the state for each subsequent election, proceeding from the official minimum and average salaries.