INCREASING THE BUDGETARY CAPACITY OF LOCAL GOVERNMENT BODIES AS A FACTOR IN THE FINANCIAL STABILITY OF LOCAL BUDGETS

Abstract

In modern conditions, one of the priority areas of reforms in the state finance system is to strengthen the revenue base of local budgets, increase the efficiency of expenditures financed by local budgets. In accordance with the 2017 address to the Parliament of the Republic of Uzbekistan, the President of the Republic of Uzbekistan Shavkat Mirziyoyev expressed his views on a fundamental revision of the budget system, ensuring the transparency of revenues and expenditures of the budget system budgets, and improving the budget process, which takes into account the financial interests of broad social strata of the population when making decisions in the field of state finance.