15:47 / 16.02.2022
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State Financial Control Inspectorate being established in Uzbekistan

The State Financial Control Inspectorate is being established in Uzbekistan. This is stated in the presidential resolution “On further increasing the efficiency of the State Budget of the Republic of Uzbekistan and improving the activities of public financial control”.

According to the document, in order to increase the efficiency of the State Budget, strengthen the prevention of violations of budget legislation and expand remote financial control, as well as improve the activities of public financial control bodies, from 2022, the Chamber of Accounts, the Ministry of Finance, the internal audit services of ministries and departments should coordinate the annual programs of control work with the priorities set out in the resolution.

It is necessary to pay special attention to the followings:

•  constant monitoring of budget funds management and budget accounting in budget organizations by means of special automated software products;
•  increasing the efficiency of inspections of budget organizations at the same time by reducing the number of ineffective inspections through the widespread use of remote control, the identification of inspection objects and objectives through modern information technology and databases.

In addition, the document provides for the establishment of the State Financial Control Inspectorate under the Ministry of Finance on the basis of the State Financial Control Department within the Ministry of Finance and its territorial divisions.

The Ministry of Finance, together with the Ministry of Information Technologies and Communications Development, has been instructed to develop and implement a software package “Electronic Supervisor-Inspector”.

The work will be carried out in two stages. In order to analyze the risk of violations of budget legislation through real-time information exchange with ministries and departments until September 1, 2022, it is planned to launch a database of financial control of the Ministry of Finance, and by January 2023 to create a module to control the activities of the object of state financial control on certain issues for a certain period.
The head of the inspectorate is equated to the deputy minister of finance for material, medical and transport conditions. The head of the inspectorate and his deputies shall be appointed and dismissed by the Cabinet of Ministers at the recommendation of the Finance Minister.

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