IMPROVING THE INITIATIVE BUDGET PROCESS AND ITS ANALYSIS IN UZBEKISTAN
Keywords:
initiative budget, budgetary allocatioons, stakeholders, transparency, fostering.Abstract
The initiative budget process in Uzbekistan is a critical aspect of public financial management that aims to enhance the accountability, transparency, and efficiency of budgetary allocations. Improving this process involves a systematic approach that engages various stakeholders, including government bodies, civil society, and citizens, ensuring that budget proposals are reflective of the community's needs and priorities. Engaging citizens in the budgeting process helps to capture their perspectives and needs, leading to more equitable and effective resource allocation. Initiatives to involve the public in discussions can significantly impact budget formulation. Utilizing data analytics to inform budget decisions allows for a more objective assessment of needs and outcomes. Improved data collection methods and performance indicators are essential for assessing program effectiveness.
