On January 20, President Shavkat Mirziyoyev reviewed a presentation of the Accounting Chamber on the results of work accomplished in 2024 and the main tasks for 2025.
Financial control is crucial for the targeted use of funds and effective implementation of programs. In recent years, the activities of the Accounting Chamber have undergone changes, becoming a structure that assists in the adherence to budgetary discipline in the regions. Instead of the outdated system of inspections, an audit system based on international standards was introduced. Uzbekistan rose to the level of “good” in the World Bank’s “External Audit Indicator”.
On July 10, 2024 the Decree of the President of the Republic of Uzbekistan “On additional measures to strengthen financial control over the use of budgetary funds” was adopted. It defines tasks on improving internal audit systems in ministries and state bodies, as well as external audit of the consolidated budget execution.
The process of digital transformation of the chamber continues: the automated information system “Remote Audit” has been introduced and 34 ministries and agencies have been integrated into it.
As a result, in 2024, the Accounting Chamber provided additional budget revenues of 3.7 trillion soums through new sources. Inefficient expenditures of ministries and departments for 9.2 trillion soums were optimized, financial shortcomings for 2.3 trillion soums were prevented. Shortcomings worth 4.5 trillion soums were identified and eliminated in the sphere of public procurement.
It was noted that systematic work in this direction should be continued this year as well.
For this purpose, databases of 110 ministries and departments will be integrated into the IS “Remote Audit” of the Accounting Chamber. This will allow to fully cover budget expenditures in the amount of 480 trillion soums by monitoring this year.
Identification of additional sources of budget revenues, prevention of financial and other risks remain a permanent task, monitoring of financial activities of enterprises with state share is also important.
This year, measures will be taken to ensure the fullness of 309 trillion soums of revenues to the budget. The practice of auditing by international standards of projects implemented with funds from international financial institutions will begin.
The President emphasized the need to ensure strict compliance with the requirements of financial discipline and savings in all government agencies.