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“JOURNAL OF SCIENCE-INNOVATIVE RESEARCH IN
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“JOURNAL OF SCIENCE-INNOVATIVE RESEARCH IN
UZBEKISTAN” JURNALI
VOLUME 1, ISSUE 7, 2023. OCTOBER
ResearchBib Impact Factor: 8.654/2023 ISSN 2992-8869
143
REFORMS AND DEVELOPMENT PROSPECTS IN THE PUBLIC
FINANCIAL SYSTEM IN UZBEKISTAN
Amirova Dilshoda Hasan qizi
Ochildiyeva Naima Mengziya qizi
Eshmirzayeva Qurbonoy Bahromovna
Mamaraimova Hilola Abduqahhor qizi
Termiz Institute of Agrotechnologies and Innovative Development
Abstract: A large amount of money has been collected in state trust funds
under the conditions of the weakening of state financial control, these funds are
ineffective use and can lead to various situations. that is why also in order to
strengthen control over the use of state financial resources it is appropriate to include
them in the state budget. Funds collected in it is necessary to ensure that the target
direction remains unchanged. This in the article, the division of the financial system
and state budgets into separate areas and sections thoughts and comments are made
about it.
Key words: finance, public finance, public financial management,
development, strategy.
President of the Republic of Uzbekistan Sh. Mirziyoev's Decree "On the
Strategy of Actions for the Further Development of the Republic of Uzbekistan" to
further increase the effectiveness of the reforms, create conditions for
comprehensive and rapid development of the state and society, modernize our
country and all areas of life In order to implement the priority directions for
liberalization, the Action Strategy for five priority directions for the development of
the Republic of Uzbekistan in 2022-2021 was approved[1]. The priority areas of
economic development and liberalization occupy a particularly important place in
the strategy of these actions.Commercial banks of Uzbekistan began to stand out,
first of all, as specialized credit institutions. This has gained urgent importance due
to the fact that, on the one hand, it attracts temporarily free funds of farms, and on
the other hand, it meets the financial needs of enterprises, private entrepreneurs and
the population at the expense of the attracted funds. According to foreign and local
experts, the main principle - moving away from specialization and deepening the
universalization of banking activities - has been observed in the republic for the last
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