...

Uzbekistan expands powers of local authorities over budget monitoring

Uzbekistan Materials 16 December 2017 11:00 (UTC +04:00)
Parameters of local authorities' budgets in Uzbekistan will be considered and approved at sessions of relevant Kengashes (Councils) of people's deputies.
Uzbekistan expands powers of local authorities over budget monitoring

Tashkent, Uzbekistan, Dec. 16

By Diana Aliyeva – Trend:

Parameters of local authorities' budgets in Uzbekistan will be considered and approved at sessions of relevant Kengashes (Councils) of people's deputies.

Also, local deputies were tasked to monitor the implementation of the budgets of the respective regions, cities and districts.

In the Republic of Karakalpakstan (Uzbekistan), both functions are handled by members of the parliament.

The changes are stipulated in the decree of the President of Uzbekistan "On additional measures to increase the financial independence of state authorities on the ground, strengthening the responsibility of tax and financial authorities for completeness of revenues to local budgets."

To strengthen control over finances by local representative bodies not only the parameters of the corresponding budgets (Karakalpakstan, areas, the city of Tashkent, the districts (cities) of the republic) are examined and approved in detail during the parliamentary sessions, but also indicators for revealing reserves of increasing revenues of local budgets; programs for social and economic development of the territories, measures to increase the budget revenue base and create new jobs will be checked.

In general, the decree is aimed at eliminating the sub-regionality of the regional, city and district budgets, and ensure a consistent reduction in their dependence on deductions from the above-mentioned budgets.

Tags:
Latest

Latest