WAYS TO IMPROVE THE EFFICIENCY OF USING BUDGET FUNDS

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Published: Sep 3, 2024
Keywords:
Budget efficiency performance-based budgeting transparency accountability digitalization

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Tuxtabayev Jamshid Sharafetdinovich
PhD, Associate Professor at the Banking and Finance Academy of the Republic of Uzbekistan
Ramazonov Javohir Bekzod o‘g‘li
Master's student in "Public Finance and International Finance" at the Banking and Finance Academy of the Republic of Uzbekistan
Karimov Erkin To‘rayevich
Master's student in "Public Finance and International Finance" at the Banking and Finance Academy of the Republic of Uzbekistan

Abstract

Efficient utilization of budget funds is crucial for fostering economic growth and ensuring sustainable development. This study investigates the methods to enhance budget efficiency through performance-based budgeting, transparency and accountability measures, digitalization of public finance management, and participatory budgeting. The findings suggest that adopting these practices can lead to significant improvements in the management of public resources

Article Details

Issue
Vol. 51 (2024): Gospodarka i Innowacje
Section
Articles