FISCAL POLICY OF UZBEKISTAN: ACHIEVEMENTS AND CHALLENGES

In recent years, Uzbekistan has made significant progress in reducing poverty. However, a more effective fiscal strategy is needed to further improve the situation. Analysis of the current situation: poverty, tax system, social expenditures Uzbekistan has implemented a number of reforms in the field of taxation and socialbenefits. However, the system remains less progressive than in developed countries, and the share of social spending relative to GDP remains moderate. KEY WORDS: Fiscal Policy, Tax System, Social Expenditures, Poverty Reduction, Uzbekistan Economy, Macroeconomic Stability