This article addresses the implementation of financial control in budgetary organizations of Uzbekistan, the enhancement of the efficiency in the use of budgetary resources, and the improvement of financial audit services. Based on the Fiscal Strategy of the Republic of Uzbekistan for 2025-2027, this scientific study focuses on reforming the public finance system, adhering to the principles of efficient use of budget expenditures, strengthening fiscal responsibility and accountability, ensuring budget transparency, and managing fiscal risks.
This article analyzes the regulatory legal framework related to the National Sustainable Development Goals (NSDG) and evaluates the current state of budget expenditure tagging aligned with these goals. It highlights potential challenges in tagging budget expenditures to correspond with the NSDG and proposes recommendations for implementing a structured tagging procedure. Additionally, the article emphasizes the importance of integrating the tagging process with specific tasks under the NSDG framework, rather than focusing solely on overarching goals. This approach facilitates data-driven decision-making by enabling targeted allocation of funds, identifying NSDG areas that require additional financing, and assessing the effectiveness of expenditures. Examples are provided to illustrate how task-oriented tagging enhances budget planning and resource utilization.
Modern financial science pays considerable attention to the study of the impact of fiscal policy on social development. The quality and timeliness of decision-making on the formation and implementation of budget policy affect the balance of public finances, the level of effectiveness of state regulation of socio-economic processes. Budgetary policy affects the effectiveness of financial and economic transformations in the public finance system, provides financing for the structural restructuring of the economy, stimulating the development of its priority sectors, accelerating the intensification of production and the level of development of society.
This article examines the strengthening of the revenue base of local budgets in the Republic of Uzbekistan, the volume of interbudgetary transfers allocated from higher-level budgets to lower-level budgets, and the mechanisms for managing them. The study analyses the dynamics of local budget revenues and expenditures and substantiates the need to increase revenues and ensure the efficient use of financial resources. In addition, the article develops scientific proposals and practical recommendations aimed at maintaining budget stability in cases of imbalance between local budget revenues and expenditures, particularly by improving the effectiveness of transfers.
This article examines the issues of financial support for the social sector. The study outlines the economic essence of the social sphere, its main funding sources, and its place within the state budget system. The role of fiscal policy in shaping social expenditures and supporting social development is also analyzed. The research employs both descriptive and econometric methods. Using a multiple regression model, it evaluates the impact of tax revenues, budget deficits, and inflation indicators on the share of social expenditures. The findings made it possible to develop certain scientific conclusions and practical recommendations aimed at improving the efficiency of social sector financing.
In the article, a study was conducted on the theoretical issues of the foreign practice of increasing the efficiency of budget expenditures. The studies of economists on the issues of increasing the efficiency of budget expenditures were studied, and the final conclusion was formed at the end of the research.
This article investigates the advantages of results-oriented budgeting over other methods and examines the application of this method in practice. It has been proposed that the implementation of results-oriented budgeting should not be considered in isolation, but rather in the context of public expenditure management reform and, more broadly, within the framework of public sector reform, including civil service reform, institutional reform, and change management. The study explores the view that results-oriented budgeting represents a system of budget formation (and execution) that reflects the relationship between planned (implemented) budget expenditures and expected (achieved) results.
The scientific article highlights the theoretical foundations of the effectiveness of state financial control conducted in budgetary organizations. Data on the distribution of funds coming from the budget by region, budget audit, budget control and expertise were touched upon. In addition, a number of financial audits have been conducted and analyzed.
The article discusses the issues of results-oriented budgeting. Results-based budgeting in a complex nonlinear system requires the formation of a clear financial goal. This also requires the formation of some basic indicators to determine even non-financial factors, norms, values that can be converted into budget revenues and expenses. The purpose of budget formation and execution is to achieve specific results in accordance with the strategic directions, goals and objectives of state budget policy. The author proposes a model for combining budget management with the “target funnel (vortex)” method, which ensures that budget expenditures are directed towards a target with the efficiency of their use in the financial and economic space. Performance management requires the work to be done to achieve them and the resources that must be expended in the process of doing that work. The paradigm that integrates the management of these three components is performance budgeting. The hallmark of results-based budgeting is flexibility. This flexibility allows the program administrator to adjust the annual financial plan based on the results of systematic monitoring of management activities, decision-making and measures to further improve public administration. It will also be possible to reward subjects who achieve the best results.
The reforms being implemented today increase the responsibility of local governments for the timely financing of priority expenses and activities for the socio-economic development of regions, do not implement activities with unclear sources, and also contribute to the further tightening of budget discipline, budget revenues and expenditures. forecasts of its deficit, sources of financing the deficit. Requires improvement of information about the main directions of fiscal policy, analysis of macro-fiscal risks and public debt.
This article discusses the issues of effective use of budget funds when improving the social protection system. In particular, the scientific works of domestic and foreign scientists on this matter have been studied. The execution of state budget funds is analyzed and ways of using result-oriented budgeting to ensure the efficiency of social sector expenditures in the budget system are considered. Conclusions and proposals are formulated.
In recent years, the world has been paying special attention to scientific research aimed at improving the mechanism for collecting value-added tax. This article covers issues such as ensuring the mutual consistency of monetary and fiscal-tax policies, bringing tax administration in line with modern requirements, strengthening the role of value added tax in the formation of budget revenues, creating a “continuous value chain”, and preventing illegal income and expenses.
Socio-economic sustainable development of regions, reduction of differences between regions, strengthening of the revenue base of local budgets is one of the important directions of the state economic policy implemented in Uzbekistan today. In particular, the Development Strategy defines the task of increasing the economy of the regions by 1.6 times in the near future, such a statement of the task requires a deep analysis of the development opportunities of the regions. Based on this, this article analyzes ways to strengthen the revenue base of local budgets.
The article discusses the features of improving the audit of expenditures in the public sector in the Republic of Uzbekistan and theoretical issues of using international experience.
The article theoretically examines the importance of the indicator of the tax burden in the economy, the problems of its determination, various opinions of domestic and foreign scientists on determining the optimal levels of the tax burden in the economy, scientific conclusions and proposals are formulated, and directions for calculating the tax burden in legal entities and individuals are provided.
The article shows the importance of scientific views on foreign experience of tax risk assessment and directions of its use in the national tax system, the importance of tax policy in shaping economic behavior and results in Uzbekistan. They are studied from the point of view of high tax rates, complex rules and low tax ethics as serious obstacles to entrepreneurial activity and development, and scientific conclusions and proposals are formulated, considering the economic essence of foreign experience of tax risk assessment and directions of its use in the national tax system and scientific views on it.
This research paper examines the content of financing higher education institutions, sources of financing and the role of extra-budgetary funds in it. The main indicators of extra-budgetary funds of higher education institutions were also analyzed and corresponding conclusions were made, scientific proposals and practical recommendations were developed.
This article highlights the importance of “green” investments and employment in the process of implementing the Sustainable Development Goals (SDGs) in Uzbekistan. It examines the integration of the SDGs into national development policy, the practice of green budgeting, and the institutional and financial mechanisms for transitioning to a green economy within the framework of the “Uzbekistan–2030” Strategy. In particular, the article analyzes the dynamics of investments directed toward renewable energy, the tagging of state budget expenditures in accordance with the SDGs, and green financing instruments. Based on this analysis, it substantiates the role of green investments in achieving SDGs 7, 8, 9, 11, 12, and 13. Based on the results of the analysis, relevant conclusions are formulated, and scientific proposals and practical recommendations are developed.
The ways of the process of subsidizing universities within the framework of state finances in direction to universities and students have been studied on the basis of many studies. This article analyzes the main trends in the organization of subsidizing higher education in Uzbekistan, in recent еars in the direction to universities and students. Based on the analyses and studies, conclusions and proposals were made to change the features and aspects of the main areas of subsidization.
The artiсle highlights proposals сonсerning the interest of taxpayers in paying taxes by explaining that publiс expenditures are сarried out at the expense of taxes paid by them.
Annotation: the article shows the importance of the indicator of tax burden, the importance of tax policy in the formation of economic behavior and results in Uzbekistan. They are studied in such a way that high tax rates, complex rules and low tax ethics are a serious obstacle to entrepreneurial activity and development, and scientific conclusions and proposals are formulated and directions for calculating the tax burden are envisaged. We report the results of a survey experiment aimed at checking whether the creation of taxpayer benefits on how to distribute taxes collected on national public goods, as well as providing information on the composition of government spending, affects the tax rate that taxpayers consider sufficient to pay. We determine that the data does not have any effect on the level of the corresponding tax rate. However, taxpayers are willing to accept a higher tax burden when they express their preference for how to use tax revenues to fund public goods and services.
