Financial control over the expenditure of extra-budgetary funds

This article examines the theoretical and practical aspects of implementing financial control over the expenditure of extra-budgetary funds in Uzbekistan. The analysis focuses on the legal framework regulating the control mechanisms, the authorized bodies responsible for implementing such control, and the methodological foundations for ensuring effective oversight. The research identifies significant challenges in the current system, including insufficient coordination between controlling bodies, gaps in legislation, and the need for improved monitoring technologies. Based on comparative analysis of international practices, particularly examining the experience of Germany, France, the United States, and other developed countries, the article proposes systematic improvements to enhance transparency and accountability in extra-budgetary fund management. These recommendations include strengthening parliamentary oversight, expanding the mandate of the Chamber of Accounts, implementing risk-based control mechanisms, and introducing specialized judicial institutions for financial disputes. The findings demonstrate the importance of modernizing financial control systems to ensure the appropriate and effective use of extra-budgetary resources in accordance with strategic national development priorities.