Development Trends of Budget Transparency in Uzbekistan

In recent years, despite the global financial and economic crisis due to the Pandemic, Uzbekistan has achieved one of the highest economic growth rates in the world. Small business and private entrepreneurship are rapidly developing; their contribution to GDP formation has practically approached the average European level. In addition, this at the current stage of development is to ensure sustainable financing of comprehensive development of territories in order to increase the real income, standard of living and quality of life of the population. sharp decrease of dependence on budget formation from the center, increase independence of local authorities in managing local budgets based on a radical reform of inter-budget relations. In addition, ensuring budget transparency because of the same budget reforms.

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