On measures to further improve the activities of financial authorities (RP-2847-son)

18.03.2017

Resolution

of the President of the Republic of Uzbekistan

In order to radically improve the activities of the financial authorities of the republic, review of tasks, functions, forms and methods of work of the Ministry of Finance of the Republic of Uzbekistan, aimed at ensuring strict adherence to the fiscal policy, sustainable, balanced and the dynamic development of the real sector of the economy and social sphere, strengthening the revenue base of local budgets and targeted, effective use of budget funds, I hereby decide:

1. To identify the following priority tasks and directions of activities of the Ministry of Finance of the Republic of Uzbekistan and its subdivisions:

implementation of the unified state fiscal policy, aimed at increasing the role of financial authorities in ensuring sustainable high rates of economic growth, financial balance of the economy and the social sphere, full and timely implementation of social obligations of the state, financing of large investment projects and strengthening of the country's defense capability;

consistent improvement of the tax system by reducing the tax burden on the economy and the population, strengthening the stimulating role of taxes and other mandatory payments in ensuring the efficiency of production, rational use of minerals, land and water and other resources and equipment, increasing the efficiency of tax administration, simplifying the calculation procedure and payment of taxes and other obligatory payments, as well as optimization of their rates in order to ensure the completeness of collection of taxes and other obligatory payments;

cardinal improvement of interbudgetary relations, comprehensive expansion of the revenue base of the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, ensuring their balance and self-sufficiency with the withdrawal of regions and districts from subsidies, carrying out, together with the khokimiyats of territories, systematic work to involve additional sources of income in the State budget on the basis of the comprehensive and intensive development of the Republic of Karakalpakstan, regions and the city of Tashkent, the most complete and effective use of the natural and economic potential, modernization and diversification of the economy of the territories;

concentration of financial resources in the most priority areas of economic development, accelerating the development of the social sphere, especially in rural areas, financing targeted investment programs, backing them up with real sources of financing in accordance with established standards, reducing on this basis accounts payable and receivable;

coordination of work to ensure the financial stability of the basic sectors of the economy, the introduction of effective methods and mechanisms of financial support for agriculture, improvement of pricing and the procedure for setting tariffs for certain types of goods and services and strengthening payment discipline;

implementation of state financial control over the targeted and rational use of funds from the budgets of the budgetary system, carrying out painstaking preventive work together with ministries, departments, business entities, local government bodies to ensure austerity, reduce production and distribution costs, eliminate losses, theft and improper expenses;

formation, together with the Central Bank of the Republic of Uzbekistan and other currency control bodies, of the basic principles and methods of monetary and financial policy, development of proposals for increasing the state's foreign exchange resources and their effective use;

development of the main directions of state policy in the field of pension provision of citizens, ensuring a balance of income and expenditure of the off-budget Pension Fund under the Ministry of Finance, coordination and control over the implementation of the tasks and functions assigned to it by the off-budget Pension Fund under the Ministry of Finance, especially regarding the application of the established rules of appointment and timely payment of pensions and other related payments;

forming and implementing a unified methodology for accounting and reporting, regulating audit activities, and participating in the implementation of state policy on the development of the country's financial markets;

organization of a system of training, retraining and advanced training of personnel in the field of public finance, radical improvement of the forms and methods of work of the leadership of the Ministry of Finance, its central office and structural units, prevention of bureaucracy and red tape in the activities of financial bodies, ensuring the observance of human rights, freedoms and interests, timely response to requests from physical persons and legal entities, increasing the responsibility of employees of financial authorities for the timely and high-quality performance of assigned tasks;

participation in the development of sectoral programs for the development of public-private partnerships in priority areas of the economy and social sphere;

participation in the development and implementation of measures to counter the legalization of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction.

2. To transfer in the prescribed manner from the Ministry of Finance of the Republic Uzbekistan:

the Fund for Payments for Agricultural Products Purchased for State Needs and the Fund for Meliorative Improvement of Irrigated Lands to subordination of the Complex of the Cabinet of Ministers for Agriculture and Water Resources, Processing of Agricultural Products and Consumer Goods;

the Republican Inspectorate of Medical and Social Expertise and its territorial divisions to the jurisdiction of the Ministry of Health of the Republic of Uzbekistan;

the sectors in the district and city subdivisions of the financial authorities for monitoring the appointment and payment of social benefits and material assistance to needy families and citizens to the jurisdiction of the Ministry of Employment and Labor Relations of the Republic of Uzbekistan, with the assignment of the Ministry of Employment and Labor Relations of the Republic of Uzbekistan and its territorial divisions with tasks on monitoring the appointment and payment of social benefits and material assistance to needy families and citizens.

To the Head of the Complex of the Cabinet of Ministers (Z.T. Mirzaev), the Ministry of Health and the Ministry of Employment and Labor Relations of the Republic of Uzbekistan to ensure the organization of effective activities of the above funds and inspections transferred to them for management.

3. To abolish the Foundation of State Stimulation for equipment of the village with agricultural technique under the Ministry of Finance of the Republic of Uzbekistan, with imposing its functions to the Fund for payments for agricultural products purchased for state needs under the Cabinet of Ministers.

4. To establish under the Ministry of Finance of the Republic of Uzbekistan:

off-budget Fund for the Development of the Material and Technical Base of Educational and Medical Institutions on the basis of the off-budget Fund for Reconstruction, Overhaul and Equipment of Educational Schools, Professional Colleges, Academic Lyceums and Medical Institutions, as well as the Fund for the Development of the Material and Technical Base of higher educational institutions;

off-budget Fund for the development of the Aral Sea regions.

5. To approve:

new organizational structure of the Ministry of Finance of the Republic of Uzbekistan and the central office of the ministry with a maximum number of management personnel of 336 units, in accordance with Appendices No. 1, 2 and 2a;

structure of the Ministry of Finance of the Republic of Karakalpakstan and standard structures of the main financial departments of khokimiyats of regions and Tashkent city, financial departments of khokimiyats of cities — regional centers, financial departments of khokimiyats of districts and cities in accordance with Appendices No. 3 — 6;

Regulation on the Ministry of Finance of the Republic of Uzbekistan, in accordance with Appendix No. 7.

To provide to the Minister of Finance of the Republic of Uzbekistan the right to make, if necessary, changes to the approved structures of the central office of the Ministry of Finance of the Republic of Uzbekistan and structural divisions of financial bodies, as well as subordinate organizations within the established maximum number of management personnel.

6. To recognize as invalid some decisions of the Government of the Republic of Uzbekistan in accordance with Appendix No. 8.

7. To the Ministry of Finance of the Republic of Uzbekistan, within a month, together:

with the Accounts Chamber of the Republic of Uzbekistan, to submit to the Office of the President of the Republic of Uzbekistan proposals for a radical strengthening of control over the efficiency of the use of budgetary funds, primarily in social institutions, further improvement of the system of state financial control, ensuring its independence, reliability and objectivity at the level of international standards;

with the Ministry of Labor of the Republic of Uzbekistan, in accordance with the established procedure, to assist in the employment of released employees of the central office of the Ministry of Finance, the Treasury, territorial financial bodies and territorial departments of the Main Control and Auditing Department;

with the Ministry of Justice of the Republic of Uzbekistan and other interested ministries and departments, within a month, to submit to the Cabinet of Ministers proposals on changes and additions to the legislation arising from this resolution.

8. To entrust the control over the implementation of this resolution to the Prime Minister of the Republic of Uzbekistan A.N. Aripov.

President of the Republic of Uzbekistan Sh. MIRZIYOYEV

Tashkent city,

March 18, 2017,

No. RP-2847

ANNEX No. 1 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

Organizational structure

of the ministry of finance of the Republic of uzbekistan

Ministry of Finances of the Republic of Uzbekistan Ministry of Finances of the Republic of Karakalpakstan, Main Depts for Finances of Regions, city of Tashkent Executive Apparatus of Off-budget Pension Fund Training Center for training and retrain of financial accounting divisions employees of budget organizations Off-budget Pension Funds Depts for Karakalpakstan, regions and city of Tashkent Finances divisions of the district and city khokimiyats Informational Calculation Center Territorial treasuries for the Republic of Karakalpakstan, regions and city of Tashkent District (city) functions of Off-budget Pension Fund Dept for exploit of administrative building SPA “FONON” Treasury divisions for districts and cities Republican Targeted Book Fund Institute of Social Researches Control and Revision divisions for Rep pf Karakalpakstan, regions and city of Tashkent Dept for managing the Fund for state support of agriculture

ANNEX No. 2 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

STRUCTURE

of the Central office of the Ministry of Finance of the Republic of Uzbekistan

Collegium Minister Assistant — 1 First Deputy minister Deputy minister Deputy minister Deputy minister Deputy minister Main Control and Revision Dept 61 State Budget Main Department 27 Dept for tax and customs and tariff policy 12 Dept of Investments 11 Main Dept for financing social sphere and science 19 Treasury, Ministry of Finances 27 Dept for financing defense, law enforcement and other sectors 10 Main Dept for Territorial Finances 14 Main Dept for currency active and obligations 19 Dept for methodology of accounting and audit 7 Dept for financing administration bodies 7 Deputy minister Legal 7 Department for Financing measures on landscaping and utilities development 10 Executive Directorate of the Fund for material technical development of educational and health institutions 10 Dept for working with international rankings and indices 10 Main Dept for finances and tariff regulation of the basic sectors of economy, fuel and energy and geology development 13 Personnel 7 Dept for pricing and coordination of return of overcollected VAT 7 First Dept 4 Accumulated Information and Analytical Dept 10 Dept for financial regulation pf consumer market, transport, communication, tourism 7 Dept for finances of agricultural complex 7 Off-budget Pension Fund Dept for working with applications of physical and legal entities 2 Dept for financial market and revenues from state actives 5 Republican Targeted Book Fund State Inspectorate on Insurance Oversight 6 Control Dept 5 Press-Service 1 Accounting 3 Operations Dept 3

ANNEX No. 2а to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

Structure

of the Central apparatus of the Ministry of Finance of the Republic of Uzbekistan

Number Name Quantity 1. Management 6 1.1. Minister 1 1.1.1. Assistant Minister 1 1.2. First Deputy Minister 1 1.3. Deputy Minister 3 1.4. Head of the Treasury — Deputy Minister 1 2. Main Department of the State Budget 27 2.1. Head of the main department 1 2.2. Deputy heads of the main department 2 2.3. Department for the formation of the consolidated budget and budgetary policy 4 2.4. Department of Analysis and Forecasting of State Budget Revenues 5 2.5. Department of reporting on the execution of the State budget and monitoring the status of credit lines and budget loans 5 2.6. Department of Interbudgetary Relations and Monitoring of Budget Execution of State Trust Funds 3 2.7. Department of Improvement of Budget Legislation 3 2.8. Department of Balanced Execution of the State Budget 4 3. Main Department of Foreign Exchange Assets and Liabilities 19 3.1. Head of the main department 1 3.2. Deputy Head of the Main Directorate 1 3.3. Department of Currency Regulation, Forecast and Monitoring of Export Receipts 4 3.4. Department of Foreign Currency Financing and Interstate Financial Relations, as well as Settlements on Currency Transactions with Assets and Liabilities 4 3.5. Department of International Financial Cooperation, Expertise and Monitoring of Investment Projects Implemented Using Government Borrowings and Foreign Currency 4 3.6. Foreign Debt Service and Problem Loans Department 3 3.7. Sector for Coordination and Accounting for the Targeted Use of Humanitarian Aid and Technical Assistance Funds 2 4. Main Department of Finance and Tariff Regulation of Basic Industries, Fuel and Energy Complex and Development of Geology 13 4.1. Head of the main department 1 4.2. Department of regulation of the balance of finances of the fuel and energy complex and monitoring the effectiveness of investment programs for energy efficiency 3 4.3. Department of Finance of the Mining and Metallurgical Industry, Development of Geology and Mineral Resources 3 4.4. Department of Finance for Mechanical Engineering, Automotive and Electrical Engineering, Chemistry and Agricultural Engineering 3 4.5. Department of tariff and price regulation of strategic types of products of basic industries and the fuel and energy complex 3 5. Department of the financial market and control over the receipt of revenues from state assets 5 6. Department of tax and customs tariff policy 12 6.1. Head of Department 1 6.2. Deputy Head of Department 1 6.3. Department of Income Taxation and Regulation of International Relations in the Field of Taxation 3 6.4. Department of Indirect Taxes and Customs and Tariff Regulation 3 6.5. Sector for ensuring regulation of relations in the field of tax consulting 2 6.6. Resource taxes and property sector 2 7. Department of accounting and audit methodology 7 7.1. Head of Department 1 7.2. Department of Accounting Methodology for Business Entities 3 7.3. Department of Audit Methodology and Control over Audit Activity 3 8. Consolidated Department of Pricing and Coordination of the Return of the Excess VAT 7 9. Department of Finance of the Agro-Industrial Complex 7 9.1. Head of Department 1 9.2. Department of finance for processing and other industries and price regulation of the agro-industrial complex 3 9.3. Department of economic analysis of the branches of the agro-industrial complex and finance, agriculture and water management 3 10. State Inspectorate for Insurance Supervision 6 10.1. Head of Inspection 1 10.2. Department of Inspection and Licensing of Insurance Activities 2 10.3. Department of methodology of insurance activities 3 11. Investment Department 11 11.1. Head of Department 1 11.2 Department of Capital Investments Financing 4 11.3. Department of financial regulation of the market of contracting works 3 11.4 Department for management of funds of the Development Fund of the Aral Sea region 3 12. Main Directorate of Territorial Finance 14 12.1. Head of the main department 1 12.2 Deputy head of the main department 1 12.3. Department for the organization of drawing up and monitoring the execution of local budgets 3 12.4. Department for Monitoring the Implementation of State Target Programs and Inspection of Territories 5 12.5. Department of Analysis and Expansion of the Revenue Base of Local Budgets 4 13. Department of Financial Support for Land Improvement and Development of Public Services 10 13.1. Head of Department 1 13.2. Department of financial regulation and implementation of development programs in the field of housing and communal services and landscaping 3 13.3. Department of price regulation of subjects of natural monopolies and enterprises-monopolists in the field of public services 3 13.4. Department for the management of funds of the Fund "Clean Drinking Water" 3 14. Department of financial regulation of the consumer market, transport, communications and tourism 7 14.1. Head of department 1 14.2. Department of financial regulation of the sphere of consumer market, trade and services 3 14.3. Department of Comprehensive Analysis, Financial and Price Regulation in the Sphere of Transport, Communications and Tourism 3 15. Main Directorate for Financing the Social Sphere and Science 19 15.1. Head of the main department 1 15.2. Deputy head of the main department 1 15.3. Financing Department for Secondary Specialized and Vocational Education 3 15.4. Department of financing of preschool and general education institutions 3 15.5. Department of Financing of Institutions of Higher Education and Science 4 15.6. Department of Financing of Health Care Institutions 4 15.7. Department of financing of culture and sports 3 16. Department of financing of governing bodies 7 16.1. Head of Department 1 16.2. Department of Financing of State Authorities, Justice, Courts and Prosecutor's Office 3 16.3. Department of Financing of Governance and Self-Government Bodies 3 17. Executive Directorate of the off-budget Fund for the Development of the Material and Technical Base of Educational and Medical Institutions 10 17.1. Deputy Executive Directorate 1 17.2. Department of analysis and monitoring of the implementation of parameters of address lists of reconstruction, overhaul of educational and medical institutions 4 17.3. Sector for analysis and monitoring of the implementation of the parameters of the address lists of equipping educational and medical institutions 3 17.4. Sector for forecasting receipts and accounting for income and expenses of the Fund 2 18. Treasury of the Ministry of Finance 27 19. Main Control and Auditing Department 77* 20. Department for Financing the Defense Complex, Law Enforcement Agencies and Other Industries 10 20.1. Head of Department 1 20.2. Department of Financing the Defense Complex and State Reserves 4 20.3. Department of Financing of Law Enforcement Agencies and Other Industries 3 20.4. Sector for mobilization training and civil protection 2 21. Legal department 7 21.1. Head of Department 1 21.2. Department for legal support 3 21.3. Sector for work with legal claims 3 22. Human resources department 7 22.1. Head of Department 1 22.2. Personnel training and retraining department 2 22.3. Human Resources Function 4 23. Consolidated Information and Analytical Department 10 23.1. Head of Department 1 23.2. Department for work with applications from individuals and legal entities 2 23.3. Control department 5 23.4. Chief specialist for work with the Commission on strengthening the discipline of payments to the budget 1 23.5. Press service 1 24. The first Dept 4 25. Accounting 3 26. Maintenance department 3 Total 336

* Note:

a) including the newly created departments to coordinate the activities of financial inspectors (2 units, taking into account the reduction of 50%), as well as departments control over the targeted use of funds from the Republican Road Fund (8 units, taking into account a reduction of 33.3%) and the Fund for Reclamation of Irrigated Lands (8 units, taking into account a reduction of 27.3%) by eliminating the relevant departments in the central office of the ministry and inspections in foundations;

b) in addition, the number of territorial departments of the Main Control and Auditing Department, taking into account a reduction of 13.6%, is 744 units, including 124 units of financial inspectors (with a reduction of 35%) assigned personally to enterprises producing excisable products (wine vodka enterprises, oil depots, oil and fat plants, etc.).

ANNEX No. 3 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

Structure

of the Ministry of Finance of the Republic of Karakalpakstan

Minister The First Deputy Minister Deputy Minister Department for accounting and registering of budget implementation and monitoring accounting in budget organizations 4 Department for formation of the budget of the Republic of Karakalpakstan and revenues forecasting 7 Department for financial support of the measures on utilities, roads and landscaping and pricing 4 Personnel and special works Dept 3 Department for financial support of educational institutions 5 Chancellor Manager 1 Chief Legal Adviser 1 Department for financing regional investments projects 3 Department for financial support of health institutions, social protections and other organizations of the social sphere 4 Inspector on control and coordination of works with application of physical persons and legal entities 1

The maximum number of management personnel is 36 units.

The number of production personnel is 2 units.

ANNEX No. 4 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

Typical structure

of the main financial departments of khokimiyats of regions and Tashkent city

Head of the Main Department The First Deputy Head Deputy Head Department for accounting and registering of budget implementation and monitoring accounting in budget organizations 3 — 5 Department for formation of the local budget and revenues forecasting 6-7 Department for financial support of the measures on utilities, roads and landscaping and pricing 4 Personnel and special works Dept 2-3 Chancellor Manager 1 Department for financial support of educational institutions 5 Department for financing regional investments projects 3-4 Chief Legal Adviser 1 Department for financial support of health institutions, social protections and other organizations of the social sphere 3-4 Inspector on control and coordination of works with application of physical persons and legal entities 1

The number of management personnel is 32 — 38 units.

The total maximum number of management personnel is 455 units.

The number of production personnel is 2-3 units.

The total number of production personnel is 30 units.

ANNEX No. 5 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

Typical structure

of financial departments of khokimiyats of cities — regional centers

Director First Deputy Director — head of department Deputy Director on monitoring state target programs — head of sector Sector for accounting and registering budget implementation 2 Dept for formation of local budget and financial support of budget organizations 3 — 6 Sector for financial support of measures for development of utilities, road and landscaping 2 Inspector on control and coordination of works with applications of physical persons and legal entities 1 Chief Economist on enhancing revenue base of the budget and reduction of subsidies 1 Legal adviser 1

The number of management personnel is 13 — 16 units.

The total maximum number of management personnel is 168 units.

The number of production personnel is 2 units.

The total number of production personnel is 26 units.

ANNEX No. 6 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

Typical structure

of financial departments of khokimiyats of districts and cities

Director First Deputy Director — head of department Deputy Director on monitoring state target programs — head of sector Sector for accounting and registering budget implementation 2 Dept for formation of local budget and financial support of budget organizations 1 — 4 Sector for financial support of measures for development of utilities, road and landscaping 1 Inspector on control and coordination of works with applications of physical persons and legal entities 1 Chief Economist on enhancing revenue base of the budget and reduction of subsidies 1 Legal adviser 1

The number of management personnel is 10 — 13 units.

The total maximum number of management personnel is 2,108 units.

The number of production personnel is 2 — 5 units.

The total number of production personnel is 695 units.

ANNEX No. 7 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

Regulations

on the Ministry of Finance of the Republic of Uzbekistan

I. General Provisions

1. This Regulation shall define the status, main tasks, functions, rights and organizational foundations of the activities of the Ministry of Finance of the Republic of Uzbekistan (hereinafter referred to as the Ministry of Finance).

2. The Ministry of Finance shall be a public administration body that carries out the functions of developing state policy in the budgetary, tax and customs-tariff spheres, as well as in the field of the financial market, insurance, pension provision of citizens, accounting and financial reporting, financing of budgetary organizations and budget recipients, pricing for goods and services of enterprises — monopolists, ensuring the achievement of strategic macroeconomic indicators and parameters of the State budget of the Republic of Uzbekistan.

The Ministry of Finance in its activities shall be accountable to the Cabinet of Ministers of the Republic of Uzbekistan. The Minister of Finance of the Republic of Uzbekistan (hereinafter referred to as the Minister of Finance) shall be a member of the Cabinet of Ministers of the Republic of Uzbekistan.

3. The system of the Ministry of Finance shall include the Ministry of Finance of the Republic of Karakalpakstan, the main financial departments of khokimiyats of regions and the city of Tashkent, financial departments of khokimiyats of districts and cities (hereinafter — territorial financial bodies), the Treasury of the Ministry of Finance, territorial departments of the Treasury in the Republic of Karakalpakstan, regions and Tashkent, departments of the Treasury by districts and cities (hereinafter referred to as treasury departments), territorial divisions of the Main Control and Auditing Department of the Ministry of Finance, bodies — managers of state trust funds under the Ministry of Finance, and other organizations which subordinate to the Ministry of Finance.

Territorial financial bodies shall be accountable to the Ministry of Finance and, accordingly, to the Council of Ministers of the Republic of Karakalpakstan, khokimiyats of regions and Tashkent city, districts and cities.

4. The Ministry of Finance shall be guided in its activities by the Constitution, the Budget Code, the laws of the Republic of Uzbekistan, resolutions of the chambers of the Oliy Majlis of the Republic of Uzbekistan, decrees, resolutions and orders of the President of the Republic of Uzbekistan, resolutions and orders of the Cabinet of Ministers of the Republic of Uzbekistan, as well as this Regulation.

5. The Ministry of Finance shall carry out its activities in cooperation with other state and economic management bodies, local government bodies and other organizations.

6. Material and technical support of the Ministry of Finance and territorial financial bodies, treasury divisions, territorial divisions of the Main Control and Auditing Department of the Ministry of Finance shall be carried out at the expense of the State Budget of the Republic of Uzbekistan (hereinafter — the State Budget), the Fund for Social Development and Material Incentives for Employees of the Financial System of the Republic Uzbekistan and other sources not prohibited by legislation.

7. The Ministry of Finance, territorial financial bodies, treasury divisions, territorial divisions of the Main Control and Auditing Department of the Ministry of Finance, managing bodies of state trust funds under the Ministry of Finance, subordinate organizations shall be legal entities, have a seal with the State Emblem of the Republic of Uzbekistan and their name.

II. Tasks and Functions of the Ministry of Finance

8. The main tasks of the Ministry of Finance shall be deemed:

implementation of a unified state fiscal policy aimed at increasing the role of financial authorities in ensuring sustainable high rates of economic growth, financial balance of the economy and social sphere, full and timely fulfillment of social obligations of the state, financing large investment projects and strengthening the country's defense capability;

consistent improvement of the tax system by reducing the tax burden on the economy and the population, strengthening the stimulating role of taxes and other mandatory payments in ensuring the efficiency of production, rational use of minerals, land and water and other resources and equipment, increasing the efficiency of tax administration, simplifying the calculation procedure and payment of taxes and other obligatory payments, as well as optimization of their rates in order to ensure the completeness of collection of taxes and other obligatory payments;

cardinal improvement of interbudgetary relations, comprehensive expansion of the revenue base of the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, ensuring their balance and self-sufficiency with the withdrawal of regions and districts from subventionality, carrying out, together with the khokimiyats of territories, systematic work to involve additional sources of income in the State budget on the basis of complex and intensive development of the Republic of Karakalpakstan, regions and the city of Tashkent, the most complete and effective use of the natural and economic potential, modernization and diversification of the economy of the territories;

concentration of financial resources in the most priority areas of economic development, accelerating the development of the social sphere, especially in rural areas, financing targeted investment programs, backing them up with real sources of financing in accordance with established standards, reducing on this basis accounts payable and receivable;

coordination of work to ensure the financial stability of the basic sectors of the economy, the introduction of effective methods and mechanisms of financial support for agriculture, improvement of pricing and the procedure for setting tariffs for certain types of goods and services and strengthening payment discipline;

implementation of state financial control over the targeted and rational use of funds from the budgets of the budgetary system, carrying out painstaking preventive work together with ministries, departments, business entities, local government bodies to ensure austerity, reduce production and distribution costs, eliminate losses, theft and improper expenses;

formation, together with the Central Bank of the Republic of Uzbekistan (hereinafter referred to as the Central Bank) and other currency control bodies, of the basic principles and methods of monetary and financial policy, development of proposals for increasing the state's foreign exchange resources and their effective use;

development of the main directions of state policy in the field of pension provision of citizens, ensuring a balance of income and expenses of the off-budget Pension Fund under the Ministry of Finance, coordination and control over the implementation of the tasks and functions assigned to it by the off-budget Pension Fund under the Ministry of Finance, especially regarding the application of the established rules of appointment and payments of pensions and other related payments;

control over the activities of insurance organizations, aimed at ensuring the protection of the rights and legitimate interests of all participants in insurance relations, the formation and implementation of a unified accounting and reporting methodology, regulation of auditing, participation in the implementation of state policy for the development of the country's financial markets;

organization of a system of training, retraining and advanced training of personnel in the field of public finance, radical improvement of the forms and methods of work of the leadership of the Ministry of Finance, its central office and structural divisions, prevention of bureaucracy and red tape in the activities of financial bodies, ensuring the observance of human rights, freedoms and interests, timely response to requests from individuals and legal entities, increasing the responsibility of employees of financial authorities for the timely and high-quality performance of assigned tasks;

participation in the development of sectoral programs for the development of public-private partnerships in priority areas of the economy and social sphere;

participation in the development and implementation of measures to counter the legalization of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction.

9. To fulfill the assigned tasks, the Ministry of Finance shall carry out the following functions:

1) in the field of tax and customs-tariff policy:

forms the main directions of tax and customs-tariff policy for the next financial year (mid-term) based on the priorities of socio-economic development and forecast of macroeconomic indicators;

develops proposals for improving the tax and customs legislation of the Republic of Uzbekistan;

develops, together with other interested ministries and departments, a taxation methodology, tax rates and other mandatory payments, as well as forms of settlements, declarations and other documents related to the calculation and payment of taxes and other mandatory payments;

monitors the efficiency of rates and the mechanism for calculating taxes and other mandatory payments, submits proposals to the Cabinet of Ministers of the Republic of Uzbekistan on changing the rates of taxes and other mandatory payments aimed at improving their collection;

develops and adopts, within its competence, normative legal acts regulating the procedure for paying taxes and other mandatory payments, as well as regulating tax consulting activities;

takes part, within its competence, in the development of measures aimed at improving control over compliance with tax and customs legislation, as well as in the preparation of draft legislative acts in the field of tax and customs administration;

provides legal regulation of relations in the field of tax consulting;

carries out analysis and monitoring of the current tax legislation of the Republic of Uzbekistan, as well as tax consulting activities;

coordinates the programs for the training and professional development of tax consultants approved by the Chamber of Tax Consultants of Uzbekistan, as well as the procedure for organizing and conducting qualification examinations for obtaining a tax consultant's qualification certificate. Furthermore, it publishes the register of tax consultants on its official website and regularly updates it;

provides technical and methodological assistance to the Chamber of Tax Consultants of Uzbekistan in organizing the training of candidates for obtaining a tax consultant's qualification certificate and in conducting qualification examinations;

takes part in the development of draft international agreements of the Republic of Uzbekistan on the avoidance of double taxation and prevention of tax evasion, on cooperation and exchange of information in the tax area;

takes part in the development and implementation of methods of tariff regulation of foreign economic activity, quotas, licensing and declaration;

explains, in accordance with the legislation, issues related to tax legislation at the request of interested parties;

2) in the field of budgetary policy and interbudgetary relations:

develops proposals on the main directions of budgetary policy for the next financial year (medium term) based on the priorities of socio-economic development and forecast of macroeconomic indicators;

prepares a draft State budget and considers draft budgets of state trust funds, taking into account ensuring the sustainability of public finances, concentrating resources on priority areas of the country's development, as well as increasing the efficiency of the economy and stimulating investment activity;

submits a draft budget message to the Cabinet of Ministers of the Republic of Uzbekistan;

prepares proposals for improving the structure of public spending, taking into account the ongoing reforms in the economy and social sphere and the need for selective support of their priority sectors and spheres;

develops and submits to the Cabinet of Ministers of the Republic of Uzbekistan proposals on the distribution of national taxes between the levels of the corresponding budgets of the budgetary system;

prepares, together with ministries and departments and submits to the Cabinet of Ministers of the Republic of Uzbekistan, proposals on the formation and use of budgets of state targeted and extra-budgetary funds of budgetary organizations to establish the size and procedure for deductions to these funds;

develops and submits to the Cabinet of Ministers of the Republic of Uzbekistan proposals on the maximum size of the State budget deficit;

places temporarily free state assets in financial instruments;

informs the population through the media and on the official website of the Ministry of Finance about the approved State budget and budgets of state trust funds, about the progress of budget reforms and their implementation, the execution of the State budget and budgets of state trust funds, as well as about changes in budget legislation;

develops and improves methods of budget planning, rationing of expenditures of budgetary organizations and recipients of budgetary funds, the procedure for their financing, and also provides methodological guidance in this area;

provides methodological guidance for the activities of public finance management bodies to comply with the principles of the budget system;

prepares and submits to the Cabinet of Ministers of the Republic of Uzbekistan proposals for improving the budgetary system and interbudgetary relations, aimed at optimizing the relationship between the budgets of the budgetary system, ensuring standard approaches in the formation of the budget of the Republic of Karakalpakstan, local budgets of regions and Tashkent city;

ensures the improvement of the procedure for the provision (allocation) of interbudgetary transfers;

jointly with local government bodies develops proposals for strengthening the revenue base of the budget of the Republic of Karakalpakstan, local budgets of regions and Tashkent city, strengthening the responsibility of local government bodies for the state of the respective budgets;

develops proposals for expanding the revenue base of the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, to reduce the subventions of the regions, including by increasing the interest of local government bodies in strengthening the revenue base of local budgets due to the completeness of collection of all taxes due;

registers cost estimates and summary cost estimates, staffing tables of budget funds managers;

forms and clarifies the list of income and expenses of the State budget, and also draws up a list of income and expenses of the republican budget of the Republic of Uzbekistan;

explains the issues related to the preparation of the draft State budget and its execution at the request of ministries and departments, budgetary organizations and recipients of budgetary funds;

communicates to the administrators of budgetary funds and bodies — administrators of state trust funds the volumes of budgetary appropriations provided for them;

brings the forecast of revenues of the State budget and state trust funds to the bodies of state tax and customs services on a quarterly basis, based on a systematic analysis of the tendencies and dynamics of socio-economic development of regions, mobilization of reserves for increasing State budget revenues, as well as increasing the interest of local authorities in a stable income taxes;

conducts financial and economic expertise of regulatory legal acts affecting the balance of revenues and expenditures of the budgets of the budgetary system;

organizes, jointly with research institutions, scientific research in the field of public finance management and improving fiscal policy;

pursues a unified policy in the field of implementation of information and communication technologies in the public financial management system;

3) on the organization of the execution of the State budget:

organizes the execution and manages the funds of the budgets of the budgetary system located in the Single Treasury Account and other bank accounts;

monitors the completeness and timeliness of tax receipts and other obligatory payments in the context of their sources;

prepares, together with the State Tax Committee, the State Customs Committee and other ministries and departments, and submits to the Cabinet of Ministers of the Republic of Uzbekistan proposals to increase revenues to the State budget, prevent and eliminate the reasons for concealing income and tax evasion by taxpayers;

organizes and maintains, together with the Central Bank and other banks, the cash execution of the budgets of the budgetary system;

submits, in accordance with the established procedure, proposals on the deferral and payment by installments of the debts of economic entities on tax and customs payments to the State budget and on payments to state trust funds and the write-off of financial sanctions, keeps records of them;

analyzes, together with interested ministries and departments, the receipts of revenues to state trust funds and submits proposals to the Cabinet of Ministers of the Republic of Uzbekistan on the use of over-forecast receipts of revenues of state trust funds to finance specific activities;

registers contracts of budgetary organizations and recipients of budgetary funds concluded with suppliers of goods (works, services);

makes payments on behalf of and on behalf of legal entities or individuals, for whom funds are provided in the budgets of the budgetary system;

makes changes to the list of expenditures of the republican budget of the Republic of Uzbekistan;

considers proposals of the Council of Ministers of the Republic of Karakalpakstan, khokimiyats of regions and the city of Tashkent on amendments to the approved parameters of the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent;

submits to the Cabinet of Ministers of the Republic of Uzbekistan proposals on amendments to the parameters of the State budget, the republican budget of the Republic of Uzbekistan and budgets of state trust funds;

keeps budgetary records of the execution of budgets of the budgetary system and establishes the forms of accounting and reporting on the execution of the State budget, as well as financial reports of budgetary organizations and recipients of budgetary funds;

submits to the Cabinet of Ministers of the Republic of Uzbekistan a report on the execution of the State budget and budgets of state trust funds for the corresponding period;

develops and approves the budget classification, and introduces amendments and addenda to it based on the results of the 6-month period. At the same time, prior to introducing amendments and addenda to the budget classification, it may enter the relevant amendments and addenda into the information system of the Ministry of Finance;

shall ensure the placement of information on State budget funds allocated to enterprises with state participation on the Open Data Portal of the Republic of Uzbekistan and its quarterly updating;

4) in the development and implementation of state monetary policy, monitoring the receipt and use of foreign exchange funds in the domestic foreign exchange market, regulating production, use of precious metals and precious stones:

participates in the preparation of proposals on the main directions of state monetary policy aimed at ensuring a balance of payments, stable and timely servicing of the state external debt, implementation of the investment program, development of basic sectors of the economy and stimulation of the growth of the export potential of the Republic of Uzbekistan for the planned year and the medium term in conjunction with the priorities of the socio-economic development of the state;

jointly with the Central Bank, interested ministries and departments, monitors the receipt and use of funds in foreign currency;

prepares proposals on additional sources of funds in foreign currency, as well as to improve the structure of the use of funds in foreign currency;

monitors loans provided to foreign countries, as well as controls the timeliness of payments made to repay obligations to the Republic of Uzbekistan;

conducts, together with the Central Bank, an analysis of the state of the precious metals market, and also participates in the development of forecasts and balances of production, processing, domestic consumption and export of precious metals;

develops proposals on the procedure for setting prices and settlements for precious metals and precious stones purchased in gold and foreign exchange reserves;

carries out financing and accounting of operations of the Republic of Uzbekistan related to the provision of gratuitous assistance to foreign states, payment of membership fees to international associations and organizations, maintenance of diplomatic institutions of the Ministry of Foreign Affairs of the Republic of Uzbekistan in foreign countries;

prepares proposals for the development of cooperation in the financial sphere and the deepening of integration processes within the framework of regional and subregional organizations, of which the Republic of Uzbekistan is a member;

monitors the implementation of financial obligations of the Republic of Uzbekistan arising from participation in bilateral and multilateral intergovernmental and interdepartmental agreements;

5) in the field of public debt management:

carries out, together with the Central Bank, monitoring, accounting and servicing of the public debt of the Republic of Uzbekistan, and also manages it within its competence;

develops, together with the Central Bank, and submits to the Cabinet of Ministers of the Republic of Uzbekistan proposals for improving the portfolio of the state debt of the Republic of Uzbekistan;

conducts, with the participation of the Central Bank, the state policy in the field of further development of the government securities market;

acts as an issuer of government securities, develops and approves the conditions for the issue and placement of government securities;

participates within its competence in the consideration of loan agreements and agreements on on-lending;

develops proposals to ensure the balance of public external debt on sources and directions of use, the limiting parameters of government external borrowing, optimization of the portfolio of government external debt and the cost of servicing it;

participates in negotiations with international financial institutions and foreign government financial organizations on issues of external borrowing, preparation and examination of documents on government external borrowing;

draws up state guarantees of the Republic of Uzbekistan in accordance with the decisions of the President of the Republic of Uzbekistan and the Cabinet of Ministers of the Republic of Uzbekistan;

carries out registration of contracts and state guarantees of the Republic of Uzbekistan on state borrowings;

carries out accounting and control over the development and servicing of loans (loans) attracted from foreign sources, for which there are obligations of the Republic of Uzbekistan as a borrower or guarantor of repayment of loans (loans) by resident borrowers;

coordinates the activities of authorized banks for servicing loans attracted by the Republic of Uzbekistan or under its guarantee, as well as evaluates the state of problem loans, participates in the development of a set of measures aimed at their restructuring and repayment;

submits information to the Government of the Republic of Uzbekistan on the state of the state debt in the manner prescribed by legislation;

shall ensure the placement of information on funds attracted from abroad, including amounts of state external debt and their utilization, on the Open Data Portal of the Republic of Uzbekistan and their quarterly updating;

6) in the field of humanitarian aid management:

forms, together with interested ministries and departments, a single database of humanitarian aid to finance priority projects and activities;

develops an effective mechanism for coordinating the formation of applications and the inclusion of humanitarian aid in a single database;

forms and regularly updates, together with the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan, databases of donor organizations providing humanitarian assistance;

coordinates the attraction to the republic and the timely execution and direction of applications for humanitarian aid, and also carries out accounting, monitoring and control over their intended use;

develops and approves, in accordance with the established procedure, forms for reporting on humanitarian aid;

collects information on humanitarian aid arriving in the republic, analyzes and summarizes it, prepares appropriate analytical and reference materials;

prepares analytical materials and draft reports on the receipt and development of humanitarian aid attracted to the Republic of Uzbekistan for subsequent submission on a systematic basis to the Government of the Republic of Uzbekistan;

provides interested ministries and departments with practical assistance in the registration of humanitarian assistance provided to the Republic of Uzbekistan.

7) in the field of regulation of financial markets and institutions, regulation and supervision of insurance activities:

participates, within its competence, in the development of measures to ensure the sustainable functioning and state regulation of financial institutions and financial markets;

in accordance with the established procedure, manages the state share in the authorized capital of banks in which the state's share is 50 or more percent;

participates in the structural transformation of assets of banks with state participation, as well as in the privatization of banks and other financial institutions;

develops and adopts, within its competence, legal acts regulating insurance activities;

licenses insurance activities of insurers and insurance brokers in accordance with the law;

establishes mandatory solvency standards and the procedure for their determination, the methodology for calculating the maximum permissible amount of insurers' obligations for individual risks and the total amount of obligations, the procedure and terms for submitting information on the solvency of insurers;

establishes the procedure and conditions for the formation and placement of funds of insurance reserves of insurers, as well as the procedure for maintaining their accounting and reporting on them;

establishes qualification requirements for the head and chief accountant of the insurer, insurance broker and their separate divisions;

establishes the form of financial statements submitted by insurers and the annual financial statements published by them, as well as the procedure and terms for their submission and publication;

establishes the procedure and conditions for the implementation of investment activities by insurers, the provision of actuarial services, as well as financing by them of measures to prevent and prevent the occurrence of insured events;

develops and approves training programs and the procedure for passing qualification exams for obtaining a qualification certificate of an actuary, conducts a qualification exam for the right to receive the specified certificate, issues, terminates and cancels the qualification certificate of an actuary in accordance with the law;

coordinates the placement of insurance reserves of insurers in government securities of foreign states, a set of measures to improve the financial position of the insurer, a list of preventive measures financed from the reserve of preventive measures of the insurer, issues a permit for the reorganization of the insurer;

maintains a register of licenses for the right to carry out insurance activities of insurers and insurance brokers and issued permits for the reorganization of the insurer, issued approvals for the placement of insurance reserves, issued coordinated sets of measures to improve the financial position of the insurer, issued coordinated lists of preventive measures financed from the reserve of preventive measures of the insurer, actuaries, having a qualification certificate;

checks the activities of professional participants in the insurance market in accordance with the legislation and makes them binding orders to eliminate the violations identified;

controls compliance by professional participants of the insurance market with legislation on insurance activities, ensuring the established standards of solvency and other requirements for their financial stability;

in accordance with the established procedure, imposes a fine in the amount of up to 0.1 percent of the minimum size of the statutory fund of the insurer for violation by the insurer of legislation on insurance activities, including established economic standards;

suspends, in the manner prescribed by legislation, the validity of licenses of insurers and insurance brokers in full or in relation to certain types (classes) of insurance, and also applies to the court to terminate their validity;

publishes within six months after the end of each financial year annual reports on the activities of regulation and supervision of insurance activities, as well as statistical data on the activities of the insurance market during the financial year;

takes part in the implementation of measures for further development of leasing services in the Republic of Uzbekistan and coordinates leasing activities;

8) in the field of pricing and financial balance of sectors of the economy:

within its competence, carries out state regulation of prices (tariffs) for goods (works, services) of economic entities occupying a dominant position in the commodity markets, and subjects of natural monopolies included in the relevant registers based on their financial balance and sustainable development;

agrees in the prescribed manner the prices for material assets pledged and released from the state and mobilization reserves, as well as prices for socially significant goods (flour, bread, cottonseed oil);

develops proposals for the regulation of prices for products, the list of which is determined by decisions of the Cabinet of Ministers of the Republic of Uzbekistan;

on the basis of studying the situation on the world market and analyzing the cost of agricultural products purchased for state needs, sets purchase prices, and also submits proposals to the Cabinet of Ministers of the Republic of Uzbekistan to improve the mechanism for financing the production of agricultural products by state order;

participates in the development and implementation of comprehensive measures to support domestic entrepreneurship, financial recovery of enterprises, bankruptcy procedures and reorganization of insolvent organizations in accordance with the legislation of the Republic of Uzbekistan;

accumulates targeted financial resources to finance the construction, reconstruction and overhaul of educational and medical institutions, as well as equipping them with educational furniture, teaching and laboratory and production equipment, computers, sports equipment and the latest laboratory, diagnostic and medical equipment;

accumulates targeted financial resources to finance the costs of improving heat supply, drainage systems, repairing internal engineering communications and common areas in apartment buildings, improving and improving outdoor lighting networks in settlements in the Aral Sea region, providing desalination plants for the population of the region living in remote and inaccessible rural areas The Aral Sea region, the allocation of subsidies to cover interest costs for the initiators of projects included in the targeted development programs of the Aral Sea region and other activities in accordance with the legislation;

accumulates targeted financial resources to finance the construction and reconstruction of objects of the drinking water supply system, as well as to equip water supply organizations with special equipment, machines and mechanisms, laboratory equipment as part of the implementation of targeted programs;

accumulates targeted financial resources to finance the purchase and delivery of textbooks and teaching aids for library funds of educational institutions;

accumulates in special accounts of the off-budget Pension Fund under the Ministry of Finance mandatory contributions, contributions and other payments to finance the cost of paying pensions, benefits and compensations;

9) in the field of improving the methodology of accounting, financial reporting and regulation of auditing activities:

develops and adopts, within its competence, regulations governing accounting and auditing activities, approves forms of financial reporting;

carries out the licensing of audit activities in the prescribed manner, monitors the audit organization's compliance with the licensing requirements and conditions provided for in the license agreement, maintains a register of audit organizations licensed to carry out audit activities;

approves, in agreement with the republican public association of auditors, training and professional development programs for auditors, and the procedure for passing qualification exams to obtain an auditor's qualification certificate;

establishes qualification requirements for applicants for obtaining an auditor's qualification certificate, and also maintains a register of auditors who have a qualification certificate;

conducts, in accordance with the established procedure, qualification exams for the right to obtain an auditor's qualification certificate and attestation of the heads of audit organizations;

issues, renews, cancels the auditor's qualification certificate, renews and terminates its validity in accordance with the legislation;

10) in the field of state financial control:

carries out state financial control over:

execution of revenues and expenditures of the budgets of the budgetary system;

targeted use of funds from the budgets of the budgetary system, compliance with budgetary legislation by budgetary organizations and recipients of budgetary funds;

priority, adherence to deadlines and completeness of payments from the budgets of the budgetary system;

targeted use of funds from centralized sources allocated for the implementation of state investment programs;

targeted use of funds for agricultural products purchased for state needs;

the appointment and timeliness of payment of social benefits and material assistance to low-income families;

correct and targeted use of funds in foreign currency by diplomatic institutions of the Republic of Uzbekistan located abroad;

the correctness of the appointment, calculation and timeliness of payment of pensions and benefits;

activities of medical and labor expert commissions;

targeted use of budget loans and credit lines;

targeted use of credits (loans) attracted by the Republic of Uzbekistan or under its guarantee;

targeted use of humanitarian aid and technical assistance funds;

the correctness of the tender (competitive) bidding for public procurement;

ensures the implementation by lower financial bodies and treasury units of budgetary legislation;

monitors the activities of the authorized body in terms of compliance with the procedure for accounting and distribution of funds from denationalization and privatization of state property, participates in the development of the procedure and control over the receipt of income from state property (including income from leased state property);

exercises control over the targeted use of funds of state trust funds and off-budget funds of budgetary organizations;

together with the interested departments, organizes, in the prescribed manner, control over the accuracy of calculation and timeliness of payment of the excise tax for certain types of products at certain enterprises, the list of which is approved by the Cabinet of Ministers of the Republic of Uzbekistan, the completeness of marking with excise stamps of certain types of excisable goods and the correspondence of the number of purchased excise stamps to the volume of production;

submits, based on the results of state financial control, appropriate proposals for eliminating detected violations and budgetary discipline, reimbursing material damage, bringing to responsibility the perpetrators;

monitors compliance with the established maximum total number of employees of management bodies, the dynamics of its change and the costs of maintaining the management apparatus, regardless of their sources;

11) in the field of investment:

participates in competitive bidding for the contract work for construction of facilities financed from the State budget;

participates in the study of production and financial indicators of enterprises subject to restructuring and financial recovery by decisions of the authorized government commission;

participates in the formation of state investment programs, coordination of address lists for the construction and reconstruction of facilities financed from the budgets of the budgetary system;

participates in the organization of work on financing projects within the framework of the implementation of investment programs;

participates in monitoring the implementation of projects included in the State Investment Programs;

12) in the field of institutional development of the system of the Ministry of Finance:

takes measures to ensure training, retraining and advanced training of employees of the system of the Ministry of Finance;

develops, creates and constantly improves the unified information network of the Ministry of Finance on the basis of modern information and communication technologies;

takes measures to improve the material and technical base of financial bodies, organizations that are part of the system of the Ministry of Finance;

creates and improves, in accordance with the current legislation, the social infrastructure of the Ministry of Finance, forms a unified system of incentives and incentives for employees;

13) in the field of international cooperation:

in accordance with the established procedure, carries out cooperation with foreign states, international and foreign organizations, international financial and economic institutions, foreign government financial organizations on public finance management, financial and fiscal policy, accounting and audit, and also on other issues within their competence;

participates in the prescribed manner in the preparation of draft international treaties, as well as their implementation within the framework of its competence;

participates in the development and implementation of measures for the implementation of state policy in the field of cooperation with foreign states;

14) in the field of coordination and interaction with the activities of other ministries and departments in the field of public finance management and macroeconomic policy:

participates, within its competence, in the development and implementation of proposals on key issues of public finance management and macroeconomic policy, including ensuring economic growth, curbing inflationary processes, an increase in the competitiveness of the country's economy in foreign markets, an increase in employment and living standards of the population;

jointly with interested ministries and departments develops long-term, medium-term and short-term forecasts of fiscal policy in conjunction with the main macroeconomic indicators;

participates in the development and implementation of fiscal policy measures that provide a favorable investment climate for attracting foreign investment in priority sectors of the economy;

participates in the development of comprehensive programs for deepening economic reforms aimed at saturating the domestic market, modernizing production, increasing export potential, import substitution and localization, energy saving and reducing production costs;

participates in the development of territorial development programs aimed at the balanced development of industrial, social and market infrastructure in rural areas and agriculture;

establishes methodological and other councils on relevant issues, consisting of highly qualified specialists, staff of scientific institutions, and representatives of other organizations, to review proposals for improving the methodology of financial and budgetary planning and financing for sectors of the republic's economy, the methodology of accounting and financial reporting, control and audit activities, and pricing issues;

carries out other functions in accordance with the legislation of the Republic of Uzbekistan, aimed at the implementation of priority areas of socio — economic development of the country.

15) in the field of participation in the development and implementation of measures to counter the legalization of proceeds from criminal activity, the financing of terrorism and the financing of the proliferation of weapons of mass destruction:

develops and approves, in the prescribed manner, the rules of internal control for organizations providing leasing services, for insurers, insurance intermediaries, organizations engaged in operations with precious metals and precious stones and audit organizations, professional participants in the securities market and organizations involved in organizing lotteries, and also monitors and controls their observance;

studies, analyzes and evaluates the risks of legalization of proceeds from crime, financing of terrorism and financing the proliferation of weapons of mass destruction in the provision of leasing services, insurance, auditing, turnover of precious metals and precious stones, the securities market and the organization of lotteries and takes measures to reduce the identified risks;

participates in accordance with the established procedure in international cooperation in the field of combating the legalization of proceeds from crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction;

ensures the fulfillment of obligations arising from the Agreement on the Eurasian Group on Combating Money Laundering and Terrorist Financing;

takes measures in accordance with the legislation in case of violations of the legislation on combating the legalization of proceeds from criminal activity, financing of terrorism and financing the proliferation of weapons of mass destruction;

interacts with a special authorized state body on countering the legalization of proceeds from crime, terrorism financing and financing the proliferation of weapons of mass destruction and annually informs it about the identified risks and the measures taken to reduce them.

10. The Ministry of Finance shall solve the tasks assigned to it and functions directly, as well as through territorial financial bodies, treasury divisions, territorial divisions of the Main Control and Auditing Department of the Ministry of Finance, bodies — managers of state trust funds under the Ministry of Finance and other subordinate organizations that are part of the system of the Ministry of Finance.

III. Rights and Responsibilities of the Ministry of Finance

11. The Ministry of Finance, within the competence granted to it by legislation to carry out the functions assigned to it, shall have the following rights:

to receive, free of charge, in the manner prescribed by legislation, state statistical, financial and other reports, as well as other necessary data on all accounting, financial and other issues, in the volumes and terms provided for the ministries and departments, subordinate bodies and services, local government bodies;

restrict and, if necessary, suspend the payment of expenses (financing) of budgetary organizations and recipients of budgetary funds, in the presence of facts of illegal spending by them of funds from the budgets of the budgetary system, as well as in case of failure to submit financial and other reports, notifying the heads of the relevant ministries and departments, budgetary organizations and recipients of budgetary funds;

receive from ministries, departments, economic management bodies and organizations calculations, reporting data and other materials necessary for drawing up the draft State budget, budgets of state trust funds, as well as other extra-budgetary funds and a report on their implementation;

receive, in the prescribed manner, from budgetary organizations and recipients of budgetary funds, financial statements, as well as the necessary information related to budgetary accounting and financial reporting, conduct inspections on issues within the competence of the ministry;

to make adjustments to the approved volumes of income transferred from the republican budget of the Republic of Uzbekistan to the budget of the Republic of Karakalpakstan and local budgets of regions, taking into account the tax revenues generated on their territory, with the settlement of the emerging cash gaps between income and expenses through mutual settlements;

open demand deposit accounts and other accounts, including in foreign currency, related to ensuring the execution of the State budget, as well as the need to accumulate funds to finance certain expenses, making payments to repay and service the state external debt;

create reserves in special off-budget accounts;

place temporarily free funds of the republican budget of the Republic of Uzbekistan on deposits in commercial banks in the manner prescribed by the Cabinet of Ministers of the Republic of Uzbekistan;

in cases and in the manner prescribed by law, write off funds from the relevant accounts without authorization;

issue budget loans from the republican budget of the Republic of Uzbekistan to cover temporary cash gaps to the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, as well as state trust funds, with their repayment within the financial year;

issue, in accordance with the established procedure, budgetary loans to legal entities and deposit free funds in bank institutions at the expense of the balances of the republican budget of the Republic of Uzbekistan at the beginning of the year, which are to be directed to finance the state budget deficit, and other funds not provided for in the approved parameters of the republican budget of the Republic Uzbekistan;

make, in accordance with the procedure established by legislation, adjustments to the parameters of budget revenues of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, as well as budgets of state trust funds due to changes in factors affecting the volumes of taxes and mandatory payments;

make, in the prescribed manner, changes in the list of expenditures of the republican budget;

request information necessary for making a decision on setting prices (tariffs) for monopoly products (works, services), products (works, services) of natural monopolies, as well as products (works, services), the list of which is established by decisions of the Government;

approve prices (tariffs) or their limit levels for goods (works, services) produced and sold by natural monopoly entities (except for those established by decisions of the Government);

entrust the subjects of natural monopolies and subjects occupying a dominant position in the commodity markets, as well as subjects producing goods (works, services), prices (tariffs) for which are regulated by decisions of the Government, the development of draft prices (tariffs), price lists, guidelines and cost standards;

send, in accordance with the procedure established by law, notifications on the inclusion of the organization and conduct, with access to places, the study of the financial and economic activities of natural monopoly entities and entities occupying a dominant position in the commodity markets, as well as entities producing goods (works, services), prices (tariffs ) for which are regulated by decisions of the Government, in order to establish the validity of the formation of the presented prices (tariffs);

receive, in the prescribed form, information about insurance activities from professional participants in the insurance market, and other information related to insurance activities.

receive, in the prescribed form, information about audit activities from audit organizations, as well as other information related to the implementation of audit activities;

conduct, in the prescribed manner, compliance with licensing requirements and conditions in insurance and audit organizations;

organize and conduct financial control, monitoring of the implementation of the budget of the Republic of Karakalpakstan, local budgets of regions and the city of Tashkent, compliance with budgetary legislation by territorial financial bodies, budget organizations and recipients of budget funds;

in the manner prescribed by legislation, seal, during inspections and audits, if necessary, cash desks and cash offices, warehouses, archives, and upon detection of forgeries, embezzlements and other abuses, withdraw the necessary documents;

demand from the heads of the inspected objects of control to carry out an inventory of inventory and other valuables, cash and settlements;

charge the resident borrower the amount of payments made and the costs associated with them, due to the provided state guarantees of the Republic of Uzbekistan in an indisputable manner;

conclude international treaties in the manner prescribed by law and in accordance with international legal norms;

take part in negotiations with representatives of foreign states, international and foreign organizations on the attraction and development of gratuitous aid;

issue instructions to officials of ministries, departments and enterprises receiving loans and loans from international financial institutions under the state guarantee of the Republic of Uzbekistan on taking measures to eliminate deficiencies, violations and implementation of measures in order to ensure timely servicing of borrowed funds and loans;

determine, within the limits of funds allocated for scientific research, a list of the most important scientific works in the field of fiscal and pricing policy and finance, to attract, in the prescribed manner, for the development of issues within its competence, scientific institutions of the Academy of Sciences of the Republic of Uzbekistan, other research institutions , enterprises, individual scientists and specialists;

carry out publishing activities in accordance with the established procedure;

to establish the Fund for Social Development of the financial system of the Republic of Uzbekistan and material incentives for employees at the expense of: 8 percent of the amounts recovered to the State budget revenue and restored at the expense of the audited entities based on violations identified during inspections conducted by the Control and Revision Department of the Ministry of Finance, including embezzlement, theft, shortages and unlawful expenditures; 10 percent of the commission fee charged by JSC “Uzbekistan Republican Commodity and Raw Materials Exchange” from participants of exchange trades on public and corporate procurement; and 0.025 percent of the amount of commission fees of JSC “Uzbekistan Republican Commodity and Raw Materials Exchange” from exchange transactions on the sale of highly liquid types of goods;

The Ministry of Finance may have other rights in accordance with the legislation of the Republic of Uzbekistan.

12. The Ministry of Finance, within the limits of its powers, shall have the right to approve normative legal acts that are binding on ministries, departments, local government bodies, organizations, budgetary organizations and recipients of budgetary funds, officials and citizens.

The Ministry of Finance shall have the right, if necessary, to issue joint interdepartmental regulations jointly with other ministries and departments.

13. The Ministry of Finance shall be responsible for ensuring the implementation of state tax, budgetary and pricing policies, as well as the effective implementation of the tasks assigned to it.

IV. Organization of the Activities of the Ministry of Finance

14. The Ministry of Finance shall be headed by the Minister of Finance, who is appointed and dismissed by the President of the Republic of Uzbekistan.

The finance minister shall have 5 deputies, including one the First.

The Minister of Finance:

manages the activities of the Ministry and bears personal responsibility for the implementation of the tasks and functions assigned to the Ministry of Finance;

determines the powers of his deputies, distributes responsibilities between them, establishes the powers of other officials of the system of the Ministry of Finance, the degree of responsibility of their deputies and other officials for managing certain areas of the Ministry of Finance and the work of subordinate organizations;

signs, by decision of the President of the Republic of Uzbekistan and the Cabinet of Ministers of the Republic of Uzbekistan, on behalf of the Republic of Uzbekistan, credit agreements and state guarantees of the Republic of Uzbekistan on state external borrowings;

issues orders and gives instructions that are binding on employees of the system of the Ministry of Finance;

makes changes to the structure of institutions and organizations included in the system of the Ministry of Finance, approves cost estimates and staffing of the central office of the Ministry of Finance, establishes the number of territorial financial bodies, treasury divisions, territorial divisions of the Main Control and Auditing Directorate of the Ministry of Finance and subordinate organizations within the established number management personnel;

approves, in the prescribed manner, regulations on structural divisions of the central office of the Ministry of Finance, regulations and charters of subordinate organizations of the Ministry of Finance;

in the prescribed manner, appoints and dismisses employees from the list of positions of organizations in the system of the Ministry of Finance of the Republic of Uzbekistan;

represents the Ministry of Finance in government bodies, other legal entities of the Republic of Uzbekistan, as well as in relations with financial institutions of other states;

decides, in accordance with the legislation, issues on the encouragement and disciplinary responsibility of employees of the system of the Ministry of Finance, and also submits, in accordance with the established procedure, especially distinguished employees of the bodies of the system of the Ministry of Finance for the assignment of honorary titles and state awards of the Republic of Uzbekistan.

The Minister of Finance shall also exercise other powers in accordance with the legislation.

15. A collegium shall be formed in the Ministry, consisting of the Minister of Finance (chairman), deputy ministers (ex officio), as well as heads of structural divisions of the Ministry in accordance with the main directions of its activities.

The number and composition of the collegium shall be approved by the Cabinet of Ministers of the Republic of Uzbekistan on the proposal of the Minister of Finance.

The Collegium of the Ministry of Finance shall consider the main issues of the activities of the Ministry of Finance, hear reports from the heads of structural divisions of the Ministry of Finance and territorial financial bodies, treasury divisions, territorial divisions of the Main Control and Auditing Directorate of the Ministry of Finance and other subordinate organizations included in the system of the Ministry of Finance, discuss issues of verification of the implementation of adopted decisions, draft the most important orders and other acts of the Ministry, as well as the results of inspections.

Heads of ministries, departments, local government bodies, enterprises, institutions, organizations on issues within the competence of the Ministry of Finance may be invited to meetings of the collegium.

Collegium decisions shall be implemented by orders of the Minister of Finance. In case of disagreement between the Minister of Finance and the members of the collegium, the Minister of Finance shall independently adopt a decision, reporting to the Cabinet of Ministers of the Republic of Uzbekistan about the disagreements that have arisen. The members of the collegium can also communicate their opinion to the Cabinet of Ministers of the Republic of Uzbekistan.

The procedure for the activity of the collegium shall be determined by its regulations, approved by the collegium.

16. Territorial financial bodies shall carry out their activities in accordance with the Model Regulations approved by the Cabinet of Ministers of the Republic of Uzbekistan.

The Minister of Finance of the Republic of Karakalpakstan and Deputy Ministers of Finance of the Republic of Karakalpakstan shall be appointed, respectively, by Jokargy Kenes of the Republic of Karakalpakstan and the Council of Ministers of the Republic of Karakalpakstan in agreement with the Ministry of Finance.

Heads of the main financial departments of khokimiyats of regions and Tashkent city, heads of financial departments of khokimiyats of districts and cities shall be appointed by the relevant regional, district, city Kengash of people's deputies on the proposal of the khokim of the region, district, city agreed with the Ministry of Finance.

The deputy heads of the main financial departments of the khokimiyats of the regions and the city of Tashkent shall be appointed by the Minister of Finance on the proposal of the heads of the main financial departments.

Deputy heads of financial departments of khokimiyats of districts and cities shall be appointed, respectively, by the Ministry of Finance of the Republic of Karakalpakstan, the main financial departments of khokimiyats of regions and Tashkent city on the proposal of financial departments of khokimiyats of districts, cities and in agreement with the Ministry of Finance.

17. The salary of employees of the Ministry of Finance system shall consist of the official salary, bonuses, additions and allowances provided for by the current legislation.

Employees of territorial bodies of the system of the Ministry of Finance of the Republic of Uzbekistan shall be subject to the conditions of remuneration established by paragraph 1 of the Decree of the President of the Republic of Uzbekistan dated January 9, 2017 No. RP-2722 "On measures to further improve activities and strengthen material incentives for employees of territorial government bodies";

Employees of the central office of the Ministry of Finance at the expense of the State budget of the Republic of Uzbekistan shall be paid monthly allowances for seniority in the following amounts (in coefficients to the official salary, taking into account the incentive coefficient): from 2 to 5 years — 0.1; from 5 to 10 years old — 0.2; from 10 to 15 years old — 0.3; from 15 to 20 years old — 0.4; from 20 to 25 years old — 0.5; over 25 years — 0.6.

Work experience, giving the right to receive remuneration for seniority, shall be calculated in accordance with the procedure approved by the Ministry of Finance of the Republic of Uzbekistan.

18. Regulations on the procedure for the formation and the use of funds from the Fund for Social Development and Material Incentives for Employees of the Financial System of the Republic of Uzbekistan shall be approved by the Minister of Finance.

ANNEX No. 8 to the Resolution of the President of the Republic of Uzbekistan dated March 18, 2017 No. RP-2847

List

of some decisions of the President of the Republic of Uzbekistan and the Government of the Republic of Uzbekistan, recognized as invalid

1. Clause 12 of Appendix No. 37 to the Resolution of the President of the Republic of Uzbekistan dated December 27, 2016 No. RP-2699 "On the forecast of the main macroeconomic indicators and parameters of the State budget of the Republic of Uzbekistan for 2017".

2. Resolution of the Cabinet of Ministers dated February 11, 1992 No. 59 "On the structure of the Ministry of Finance of the Republic of Uzbekistan".

3. Resolution of the Cabinet of Ministers dated March 9, 1992 No. 116 "On partial amendments to the Resolution of the Cabinet of Ministers under the President of the Republic of Uzbekistan dated February 11, 1992 No. 59 "On the structure of the Ministry of Finance of the Republic of Uzbekistan".

4. Resolution of the Cabinet of Ministers dated July 31, 1992 No. 356 "On the addition to the Resolution of the Cabinet of Ministers under the President of the Republic of Uzbekistan dated February 11, 1992 No. 59 "On the structure of the Ministry of Finance of the Republic of Uzbekistan".

5. Resolution of the Cabinet of Ministers of November 23, 1992 No. 553 "On approval of the Regulation on the Ministry of Finance of the Republic of Uzbekistan" (Collection of resolutions of the Republic of Uzbekistan, 1992, No. 12, article 37).

6. Paragraphs two and three of paragraph 1, paragraph two of paragraph 2, paragraph 4 of the Resolution of the Cabinet of Ministers of July 8, 1998 No. 286 "On measures for state regulation of insurance activities" (Collection of resolutions of the Republic of Uzbekistan, 1998, No. 7, Art. 24 ), as well as Appendices No. 1 and 3 to it.

7. Clause 1 of Appendix No. 4 to the Resolution of the Cabinet of Ministers dated September 22, 2000 No. 365 "On improving auditing activities and increasing the role of audits" (SP of the Republic of Uzbekistan, 2000, No. 9, art. 62).

8. Paragraph four of clause X of Appendix No. 3 to the Resolution of the Cabinet of Ministers dated November 27, 2002 No. 413 "On measures for the further development of the insurance services market" (Collection of resolutions of the Republic of Uzbekistan, 2002, No. 11, art. 72).

9. Clauses 2 and 3 of Appendix No. 2 to the Resolution of the Cabinet of Ministers dated November 19, 2003 No. 520 "On measures to streamline contributions and the use of extra-budgetary funds of ministries and departments" (Collection of resolutions of the Republic of Uzbekistan, 2003, No. 11, Article 123 ).

11. Clause 2 of Appendix No. 1 to the Resolution of the Cabinet of Ministers dated November 10, 2006 No. 235 “On amendments and additions, as well as invalidating some decisions of the Government of the Republic of Uzbekistan (Law of the Republic of Uzbekistan dated October 10, 2006 No. LRU-59 “On amendments and additions to some legislative acts of the Republic of Uzbekistan in connection with the improvement of the system of legal protection and liberalization of financial responsibility of business entities")" (Collection of resolutions of the Republic of Uzbekistan, 2006, No. 11, Article 86).

12. Clause 1 of the Appendix to the Resolution of the Cabinet of Ministers dated January 29, 2007 No. 20 “On Amendments and Additions to Certain Decisions of the Government of the Republic of Uzbekistan (Resolution of the President of the Republic of Uzbekistan dated December 18, 2006 No. RP-532 “On Forecasting Main Macroeconomic Indicators and parameters of the State budget of the Republic of Uzbekistan for 2007")" (Collection of resolutions of the Republic of Uzbekistan, 2007, No. 1, article 6).

13. Clause 5 of the Resolution of the Cabinet of Ministers of March 20, 2007 No. 55 "On measures to develop the sphere of tax consulting" and its annex.

15. Clause 1 of the Appendix to the Resolution of the Cabinet of Ministers dated July 4, 2008 No. 151 "On Amendments and Additions to Certain Decisions of the Government of the Republic of Uzbekistan (Resolution of the President of the Republic of Uzbekistan dated May 21, 2008 No. RP-872" On Additional Measures for Further Reform and the development of the insurance services market")" (Collection of resolutions of the Republic of Uzbekistan, 2008, No. 7, article 35).

17. Clause 3 of Appendix No. 1 to the Resolution of the Cabinet of Ministers dated March 24, 2010 No. 52 "On amendments and additions, as well as invalidating some decisions of the Government of the Republic of Uzbekistan (Decree of the President of the Republic of Uzbekistan dated December 30, 2009 No. DP-4161 "On measures to further improve the pension system for citizens", Resolution of the President of the Republic of Uzbekistan dated December 30, 2009 No. RP-1251 "On measures to improve the structure of the Ministry of Labor and Social Protection of the Population of the Republic of Uzbekistan" and dated December 30, 2009 No. RP-1252 "On measures to form the organizational structure of the off-budget Pension Fund under the Ministry of Finance of the Republic of Uzbekistan ")" (SP of the Republic of Uzbekistan, 2010, No. 13, Art. 96).

18. Clause 1 of Appendix No. 1 to the Resolution of the Cabinet of Ministers dated August 2, 2010 No. 165 "On amendments and additions, as well as invalidating some decisions of the Government of the Republic of Uzbekistan (Resolution of the Cabinet of Ministers dated April 2, 2010 No. 62 "On measures on streamlining the allocations of funds to the off-budget funds of ministries and departments")" (Collection of resolutions of the Republic of Uzbekistan, 2010, No. 8, art. 42).

19. Clauses 1 and 2 of the Appendix to the Resolution of the Cabinet of Ministers dated May 23, 2012 No. 143 "On Amendments and Additions to Certain Decisions of the Government of the Republic of Uzbekistan" (Collection of resolutions of the Republic of Uzbekistan, 2012, No. 5, Art. 34).

20. Clause 2 of Appendix No. 1 to the Resolution of the Cabinet of Ministers dated November 1, 2012 No. 313 "On amendments and additions, as well as invalidating some decisions of the Government of the Republic of Uzbekistan (Decree of the President of the Republic of Uzbekistan dated July 16, 2012 No. DP-4453 "On measures to drastically reduce statistical, tax, financial reporting, licensed activities and licensing procedures")" (Collection of resolutions of the Republic of Uzbekistan, 2012, No. 11, art. 79).

22. Clause 1 of the annex to the Resolution of the Cabinet of Ministers dated July 3, 2015 No. 180 "On amendments and additions to some decisions of the Government of the Republic of Uzbekistan in connection with the improvement of the national system for combating money laundering and financing of terrorism" (Collection of resolutions of the Republic of Uzbekistan, 2015, No. 7, Art. 55).