Efficient Public Finance for Economic Stability in Uzbekistan
Abstract
This article presents a comprehensive analysis of the financial policy reforms and the effective utilization of public financial resources in the Republic of Uzbekistan over the period 2016–2024. The study explores key transformations in the quality of public budget management, the evolution of tax policy, and the creation of a more favorable investment environment. It emphasizes the strategic measures taken to ensure sustainable national economic growth through the prudent and targeted use of both internal and external financial sources. Special attention is given to assessing the impact and efficiency of these fiscal policy reforms on the broader economy, as well as drawing comparative insights from international experiences. The article identifies key challenges and proposes practical solutions to address systemic inefficiencies. It also puts forward concrete recommendations aimed at strengthening macroeconomic stability and improving the state financial management system. By providing a broad and analytical perspective, this work highlights both the achievements of Uzbekistan's financial policy and the critical issues that require further resolution. The analysis underscores the importance of adaptive fiscal strategies in the context of global economic trends and national development goals.
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