MECHANISMS OF THE IMPACT OF STATE BUDGET REVENUES AND EXPENDITURES ON ECONOMIC GROWTH

MECHANISMS OF THE IMPACT OF STATE BUDGET REVENUES AND EXPENDITURES ON ECONOMIC GROWTH

Авторы

  • Nurbek Sheraliyev

DOI:

https://doi.org/10.5281/zenodo.17436060

Ключевые слова:

fiscal policy, budget revenues, public expenditures, economic growth, macroeconomic stability, investment, Uzbekistan.

Аннотация

The article examines the mechanisms through which state budget revenues and expenditures influence the
dynamics of economic growth. The study highlights the importance of fiscal policy in ensuring macroeconomic stability,
stimulating investment activity, and improving social welfare. Particular attention is given to the structure and efficiency
of public spending, tax policy, and the balance between consumption and development-oriented expenditures. Based on
the analysis of Uzbekistan’s fiscal indicators and international experience, recommendations are provided to enhance
the effectiveness of budget management and strengthen the role of the state budget in achieving sustainable economic
growth.

Биография автора

Nurbek Sheraliyev

Independent Researcher at Tashkent State University of Economics

Библиографические ссылки

Ministry of Economy and Finance of the Republic of Uzbekistan. (2024). Open Budget Portal: Transparency and Public

Participation in Budgeting. Tashkent: Government of Uzbekistan.

Presidential Decree of the Republic of Uzbekistan No. PQ–5992 (May 12, 2020). On the Approval of the Banking

System Reform Program for 2020–2025.

Presidential Decree of the Republic of Uzbekistan No. PQ–4227 (March 26, 2019). On Measures to Improve the

Efficiency of Public Finance Management and Ensure the Transparency of the State Budget.

Central Bank of the Republic of Uzbekistan. (2024). Monetary and Fiscal Policy Review. Tashkent: CBU Press.

Mirziyoyev, Sh. M. (2023). Uzbekistan – 2030 Strategy. Tashkent: Uzbekistan Publishing House.

International Monetary Fund (IMF). (2023). Fiscal Transparency Code: Best Practices for Effective Budget Management.

Washington, D.C.: IMF Publications.

World Bank. (2022). Public Expenditure Review: Enhancing Efficiency and Equity of Fiscal Policy in Uzbekistan.

Washington, D.C.: World Bank Group.

OECD. (2021). Performance-Based Budgeting: Lessons from International Experience. Paris: OECD Publishing.

Basel Committee on Banking Supervision. (2020). Principles for Effective Risk Data Aggregation and Risk Reporting

(Revised). Basel: Bank for International Settlements.

Samuelson, P. A., & Nordhaus, W. D. (2010). Economics (19th ed.). New York: McGraw-Hill Education.

Stiglitz, J. E., & Rosengard, J. K. (2015). Economics of the Public Sector (4th ed.). New York: W. W. Norton & Company.

Barro, R. J. (1990). Government Spending in a Simple Model of Endogenous Growth. Journal of Political Economy,

(5), S103–S125. https://doi.org/10.1086/261726

Загрузки

Опубликован

2025-10-15
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