FISCAL POLICY FOR SUSTAINABLE DEVELOPMENT OF UZBEKISTAN: EXPERIENCE OF DEVELOPING COUNTRIES

Fiscal policy plays a key role in ensuring sustainable economic growth and social development. This paper examines successful fiscal policy models in developing countries and their possible adaptation in Uzbekistan. Special attention is paid to progressive taxation, incentives for employment and investment, human capital expenditures, and targeted social support. Below is a summary table with examples and data from the experience of developing countries in the four key areas of fiscal policy, as well as brief conclusions for Uzbekistan. KEY WORDS: Fiscal Policy, Tax System, Social Expenditures, Poverty Reduction, Tax Revenues, Gini Coefficient, Economic Growth, Budget Transparency, Social Protection, Developing Economies, Government Spending, Public Investment, Tax Reform, Targeted Assistance, Social Transfer, Poverty Rate, GDP Growth, Welfare Policies, Uzbekistan Economy, Macroeconomic Stability