IMPROVING THE SYSTEM OF CONTROL OVER THE TARGETED USE OF BUDGET FUNDS
Keywords:
budget funds, state financial control, targeted use, audit, digital monitoring, performance audit, public oversight.Abstract
This article examines the issues of improving the system of control over the targeted use of budget funds. The study analyzes the legal foundations of state financial control, the strengths and weaknesses of existing control mechanisms, opportunities for digitalization, and directions for expanding public oversight. In recent years, the Republic of Uzbekistan has implemented important institutional reforms aimed at modernizing the state financial control system. In particular, the introduction of financial audit, compliance audit, and performance audit has become one of the main priorities in enhancing the effectiveness and transparency of budget expenditures. The research substantiates the necessity of integrating digital technologies, risk-based control mechanisms, and public participation into the budget oversight system.
References
Budget Code of the Republic of Uzbekistan.
Presidential Decree of the Republic of Uzbekistan No. PF-6300 “On Measures to Further Improve the State Financial Control System”, August 27, 2021.
Presidential Resolution of the Republic of Uzbekistan No. PQ-128 “On Further Improving the Efficiency of State Budget Expenditures and Activities of State Financial Control Bodies”, February 14, 2022.
INTOSAI. International Standards of Supreme Audit Institutions (ISSAI).
OECD. Public Financial Management and Budget Oversight Practices.
World Bank. Public Expenditure and Financial Accountability Framework.
International Monetary Fund (IMF). Fiscal Transparency Handbook.
