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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of March 18, 2017 No. PP-2847

About measures for further enhancement of activities of financial bodies

For the purpose of radical enhancement of activities of financial bodies of the republic, review of tasks, functions, forms and methods of work of the Ministry of Finance of the Republic of Uzbekistan aimed at providing strict observance of the tax and budget policy, the sustainable, balanced and dynamic development of industries of real production sector and the social sphere, strengthening of profitable base of local budgets and target, effective use of budgetary funds:

1. To determine priority tasks and activities of the Ministry of Finance of the Republic of Uzbekistan and its divisions:

implementation of the single state tax and budget policy directed to increase in the role of financial bodies in ensuring steady high rates of economic growth, financial balance of economy and the social sphere, complete and timely execution of social obligations of the state, financing of large investment projects and strengthenings of defense capability of the country;

consecutive enhancement of the taxation system by decrease in the tax burden of economy and the population, strengthenings of the stimulating role of taxes and other obligatory payments in ensuring production efficiency, rational use of mineral and raw, land and water and other resources and the equipment, increase in efficiency of tax administration, simplification of the procedure for calculation and tax payment and other obligatory payments, and also optimizations of their rates for the purpose of ensuring completeness of the collecting of taxes and other obligatory payments;

cardinal enhancement of the interbudget relations, every possible expansion of profitable base of the budget of the Republic of Karakalpakstan, local budgets of areas and Tashkent, ensuring their balance and self-sufficiency with the conclusion of areas and areas from the subventsionnost, implementation together with khokimiyats of the territories of system work on involvement of additional sources of receipts in the Government budget on the basis of complex and intensive development of the Republic of Karakalpakstan, areas and Tashkent, the most complete and effective use of natural and economic potential, upgrade and diversification of economy of the territories;

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