FISCAL POLICY AIMED AT ENSURING THE EQUIVALENCY OF THE BUDGET IN THE MEDIUM TERM IN UZBEKISTAN

Islamkulov Kh. Alimnazar

doi:10.31435/rsglobal_sr/30112019/6813

FISCAL POLICY AIMED AT ENSURING THE EQUIVALENCY OF THE BUDGET IN THE MEDIUM TERM IN UZBEKISTAN

Islamkulov Kh. Alimnazar PhD., Associate professor, Academy of Public Administration under the President of the Republic of Uzbekistan Tashkent, Uzbekistan

DOI: https://doi.org/10.31435/rsglobal_sr/30112019/6813

Keywords: fiscal policy, budget equivalency, medium-term budget, independence budgetary institutions

Abstract

This article covers such issues as reforms carried out in Uzbekistan on the reform of public finances, the use of advanced foreign experience in the transition to medium-term budget planning, the role of independent budgetary institutions in the correct and purposeful use of budgetary funds.

References

President of the Republic of Uzbekistan addresses the Oliy Majlis. https://president.uz/en/lists/view/2221

Decree of the President of the Republic of Uzbekistan on 17th of January 2019 “About the state program on implementation of Strategy of actions on five priority directions of development of the Republic of Uzbekistan in 2017-2021 IN "Year of active investments and social development»

Elliott R. Morss Tax sharing: good and bad reasons for its adoption // National Tax Journal, Vol. 20, No.4 (December 1967), pp. 424-431. https://www.jstor.org/stable/41791569

Our research shows that the practice of creating independent budgetary institutions does not always show the effectiveness of their activities. Along with positive experience, in a number of countries, long-standing discussions were noted with the problems of their interaction with government agencies, the official nature of the activity, the professionalism of specialists who are part of independent budgetary institutions.

Adam Török and Anita Veres the role, operation and future of independent fiscal councils within the European Union// Acta Oeconomica, Vol. 61, No. 2 (June 2011), pp. 225-232. https://www.jstor.org/stable/41318104

Beetsma, R., Debrun, X., Fang, X., Kim, Y., Lledo, V., Mbaye, S., & Zhang, X. (2019). Independent fiscal councils: Recent trends and performance. European Journal of Political Economy, 57, 53-69.

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Published

2019-11-30

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How to Cite

Islamkulov Kh. Alimnazar. (2019). FISCAL POLICY AIMED AT ENSURING THE EQUIVALENCY OF THE BUDGET IN THE MEDIUM TERM IN UZBEKISTAN. Science Review, (9(26), 3-6. https://doi.org/10.31435/rsglobal_sr/30112019/6813

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Issue

No 9(26) (2019): Science Review

Section

Economy

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