Measures to Strengthen Financial Control Over the Use of Budgetary Funds

The Decree of the President dated July 10, 2024, No. UP-100 “On Additional Measures to Strengthen Financial Control over the Use of Budgetary Funds” has been adopted.

To improve the internal audit system in ministries and agencies that manage budgetary funds, as well as to increase public oversight for the effective use of state budget resources:

• The Accounts Chamber will conduct external audits of the execution of Uzbekistan’s consolidated budget and prepare relevant conclusions based on the results.
• Starting from 2025, audits will be conducted for large organizations with a state share of 50% or more.
• Strategic and information technology audits will be implemented.
• Beginning in 2024, the implementation of programs aimed at achieving national sustainable development goals will be evaluated annually, with reports provided to the President and the Legislative Chamber.

The evaluation will focus on strategic reforms, government programs, and social protection of the population.

The results of the external audit of the budget of Karakalpakstan and local budgets will be discussed at meetings of the Jokargy Kenes and the Councils of People’s Deputies.

Starting in 2025, the Ministry of Economy and Finance will provide information on the allocation of funds from the State Budget and targeted funds.

Additionally, budget fund managers are required to provide a list of financial risks and measures to mitigate them.

From January 1, 2025, committees for risk management will be established in large organizations with a state share, with internal audit services serving as working bodies of these committees.

Internal audit services will also be created within the structures of the Council of Ministers and regional administrations.

Within the established staffing limits of the Accounts Chamber, the following will be created:

• An Interagency Center for Remote Control;
• A Sector for Auditing Defense Complex Expenditures;
• A Sector for State Audit based on international standards;
• Research and Training Center.

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