THE MODERN CONDITION OF INTERBUDGETARY RELATIONS OF THE REPUBLIC OF TAJIKISTAN AND THE MAIN DIRECTIONS OF THEIR IMPROVEMENT

Ilhomjon Qodirov

Authors

 

Hasanov F.A. – Candidate of Economic Sciences, Polytechnic Institute of Tajik Technical University, Khujand, Republic of Tajikistan, hasanovfarruh1985@gmail.com

 

Annotation

 

 This article considers the practical foundations of inter-budget relations and the main directions of their improvement in modern conditions of the Republic of Tajikistan. It reveals the relevance of the chosen topic and conducts a literature review of the term “inter-budget relations” in terms of legislation of the Republic of Tajikistan, as well as various foreign scholars and gives the author’s personal opinion on this interpretation. In the context of regulation of inter-budget relations, there are a number of methods and tools that allow to regulate inter-budget relations. The analysis is carried out on the basis of existing methods of execution of the state budget for 2018-2021 and the state and dynamics of subventions and other receipts to the relevant local budgets of the Republic of Tajikistan is determined. Including within the framework of implementation of the mechanism of inter-budgetary equalization the horizontal and vertical analysis of the state of subventions and subsidies and other revenues to the local budgets of the relevant regions is conducted and taking into account the potential of the regions the normative allocations are considered, which allow the Government of the Republic of Tajikistan to balance the level of development of regions. In turn, a number of problems are identified, which is systemic in nature: the distribution of revenues has a vertical nature, while it can have a horizontal basis; there are no regulations defining a single mechanism and the indicator of the maximum percentage rate. The percentage of deductions to local budgets has no maximum or minimum limit. Therefore, as directions of improvement of inter-budget relations based on the practice in many countries to improve its three main directions, namely the normative-legal, economic and organizational parts of inter-budget relations.

 

Keywords

 

 Interbudgetary relations, budget, subvention, grant, tax, local budget, revenues, expenses

 

References

 

  1. Bezhaev O.G. Interbudgetary Relations: Theory and Practice of Reforming / Ed. Dan. M.A. Yakhyaeva – M.: Exam, 2001, p. 17. – URL: http://library.vscc.ac.ru/Files/books/1428999463mezhbjudzhet_otnoshenija.pdf.
  2. Babich A.M., Pavlova L.N. State municipal finance. – M.: Finance, 2014, p.147.
  3. Gorbunova O.N., Selyukov A.D., Drugova Yu.V. Budget law of Russia. Tutorial. – M.: T.K. Welby. 2002, p.72.
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  6. Interbudgetary relations: Textbook / Z.Kh. Srozhiddinov. – Tashkent, 2010. – 140 p., p.11.
  7. Address of the President of the Republic of Tajikistan, Leader of the Nation, Emomali Rahmon “On the main directions of domestic and foreign policy of the republic” – 21.12.2021. Dushanbe.
  8. Law of the Republic of Tajikistan “On Public Finance”, Dushanbe, 2018. URL: http://mmk.tj/system/files/Legislation/723_tj.pdf.
  9. Law of the Republic of Tajikistan “On State Budget” in 2018-2021. URL: http://moliya.tj/tj/qonuni-jumhurii-tojikiston-dar-borai-bujeti-davlati/.

 

Publication date

2023-10-27

 

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