Measures to improve activities of Accounts Chamber approved

Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Shavkat Mirziyoyev signed a decree “On measures to radically improve the activities of the Accounting Chamber of the Republic of Uzbekistan".

The decree noted that the Accounting Chamber of Uzbekistan is supreme body of external audit and financial control.

The Chamber exercises its powers independently and independent from all state bodies and organizations, their officials and in its reports directly to the President of the Republic of Uzbekistan, as well as the chambers of the Oliy Majlis of the Republic of Uzbekistan.

The Chamber of Accounts submits to the President of the Republic of Uzbekistan on a systematic basis information on its activities, including on ensuring the completeness of revenues to the State Budget of the Republic of Uzbekistan.

According to the decree, the Chamber will carry out a system analysis of formation of the parameters of the draft State Budget of the Republic of Uzbekistan and their compliance with the priorities of social and economic development, and audit of the availability of government and territorial programs for funding sources.

The Chamber will also conduct a study and control of the completeness of the receipt of funds in the budgets of the budget system and other extrabudgetary funds, identification and mobilization of reserves to increase budget revenues through the widespread use of modern information technologies.

The Chamber of Accounts will audit effectiveness and legality of budget expenditures of the budgetary system and other extrabudgetary funds, identify reserves for their reduction at all levels, etc.

The Accounts Chamber is also responsible for conducting an external audit of the monetary and foreign exchange policy of the Republic of Uzbekistan, the state of assets and liabilities of the state, managing gold and foreign exchange reserves, as well as transactions with precious metals and precious stones.

Uzbek leader also approved the structure and staffing of the Accounting Chamber of the Republic of Uzbekistan and the Regulations on the Audit Chamber of the Republic of Uzbekistan.

The President granted some other rights to the Chamber of Accounts, including access to database of the state bodies and organizations, used for implementation of the tasks assigned to them.

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