THE ROLE AND SIGNIFICANCE OF LOCAL STATE AUTHORITIES IN THE MANAGEMENT OF LOCAL BUDGETS
Abstract
This article provides a comprehensive analysis of the functions of local executive authorities in the process of regulating local budgets, as well as their distinctive features. The study thoroughly examines the current legislative framework of the Republic of Uzbekistan, in particular the Budget Code dated December 26, 2013, the Law “On Local State Authority,” and other regulatory legal acts. The article offers a legal analysis of the role, powers, and responsibilities of local executive bodies in the budgetary process, as well as their interaction with other state authorities. The author gives detailed consideration to the activities of local authorities at the stages of formation, approval, and execution of local budgets, the mechanisms of budgetary control, and the system of intergovernmental fiscal relations. As a result of the research, practical proposals aimed at increasing the effectiveness of executive authorities in implementing local budget policy have been developed.
Keywords
local budget, local state authority, executive bodies, budgetary process, financial regulation, powers of hokims, budget policy, financial control, intergovernmental fiscal relations, Budget Code.
References
- Constitution of the Republic of Uzbekistan.
- Budget Code of the Republic of Uzbekistan.
- Law on Local State Authorities. Law of the Republic of Uzbekistan “On Local State Authorities.” Adopted on 2 September 1993, No. 913-XII.
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