Practical Analysis and Econometric Results of the Rreasury Service Committee of Uzbekistan

Sholdarov Dilshod Azimiddin o'g'li^1,*, Navruzova Go‘zal Olimjon qizi²

¹Professor, DSc, Department of Budget Accounting and Treasury, Tashkent State University of Economics, Tashkent. Uzbekistan

²Department of Economy and service, Sarbon University, Tashkent. Uzbekistan

Emails: d.sholdarov@tsue.uz; qiziNavruzova@gamil.com

Abstract

This article analyzes the practical effectiveness of treasury mechanisms, which constitute a key institutional component of the public financial management system in Uzbekistan, using empirical and econometric methods. The study covers the period from 2015 to 2024 and examines indicators of state budget execution, the share of payments carried out through the treasury system, and measures of fiscal discipline. Time series analysis and regression models are employed to assess the impact of treasury control on the efficiency of budget execution. The results indicate that the strengthening of treasury mechanisms contributes to enhancing fiscal stability. The findings of the study provide a basis for developing scientific and practical recommendations aimed at improving public financial management under the conditions of Uzbekistan.

Keywords: Treasury system; Ttate budget; Budget execution; Time series; Econometric analysis; Fiscal discipline