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ZENODO
Published
2025-06-10
Section
Articles
How to Cite
How to Cite
DIRECTIONS FOR DEVELOPING THE ACTIVITIES OF BUSINESS ENTITIES IN ORGANIZING BUDGET AND CORPORATE CUSTOMERS' PROCUREMENT IN OUR COUNTRY BASED ON FOREIGN EXPERIENCE
Rizokulova Elnora Otabek qizi
Teacher of Profi University
Keywords: Government and corporate procurement, public finance, control of budget allocations, investment climate, planned expenditures, e-commerce1, specialized information portal, procurement procedure, budget, state budget, transparency and credibility.
Abstract
Effective use of budgetary funds and prevention of corruption in the implementation of public procurement in budgetary and extra-budgetary organizations requires a deep reform of the modern financial system, increasing scientific research in the field of public procurement. The process of organizing budget and corporate procurement varies depending on various factors, such as the advanced economic development of certain countries, political structures and procurement regulations. At the same time, it is noteworthy that a number of developed countries are recognized for their effective and transparent procurement practices. This thesis presents the stages of organizing this process in a foreign country and the work on improving it in our country, as well as existing problems around the world. With the effective use of budgetary funds, the provision of budget enterprises with high- quality and affordable products remains an urgent issue today. This article examines the fundamental reforms being implemented to improve the public procurement system, the role of this system in the targeted and rational use of state budget funds, as well as develops scientific conclusions and recommendations for more effective organization of the public procurement system in our country.
References
1. Law of the Republic of Uzbekistan dated April 22, 2021 No. ZRQ-684 “On Public Procurement”.
2. Resolution of the President of the Republic of Uzbekistan dated September 27, 2018 No. PQ-3953.
3. Resolution of the President of the Republic of Uzbekistan dated December 5, 2019 No. PQ-4544 “On measures to further improve the public procurement system and widely involve business entities in the public procurement process”.
4. Resolution of the President of the Republic of Uzbekistan dated November 24, 2022 No. PQ-430 “On expanding the use of exchange mechanisms in economic sectors and improving the system for regulating exchange trading”.
5. Decree of the President of the Republic of Uzbekistan No. PF-60 dated February 28, 2022 “On the Development Strategy of New Uzbekistan for 2022–2026”.//www.lex.uz.
6. Inflation Targeting and Private Domestic Investment in Developing Countries. ISSN 2184-108X
7. Muslimov J, How to transition to international standards of financial reporting? Zamin.uz 09.03.2020.
8. Researchgate.com – website for articles.
9.Common-procurement-challenges. https://www.tyasuite.com/blog/post/common-procurement-challenges
