The nature of budget system


Article 7. Principles of budget system


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The nature of budget system3

Article 7. Principles of budget system

  • Article 7. Principles of budget system
  • Budget system is based on the following principles:
  • budget system unity;
  • compliance of the budget system with the administrative-territorial structure of the Republic of Uzbekistan;
  • equilibrium and interconnection of budgets of the budget system;
  • forecasting revenues and planning expenditures of budgets of the budget system;
  • specification and targeted use of budget funds of the budget system;
  • independence of budgets of the budget system;
  • effectiveness of the use of funds of budgets of the budget system;
  • unity of cash;
  • responsibility of the participants of the budget process;
  • openness.

The end

  • Composition of budgets of the budget system
  • - State budget
  • - State trust funds
  • - Extra-budgetary funds of budgetary organizations.

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