Publication Details
Abstract
The article explores the theoretical and practical aspects of implementing strategic tasks for the development of the industrial sector of the Republic of Uzbekistan through the introduction of the budgeting management system. Modern approaches to strategizing and strategic planning, the legal and regulatory framework for forming the strategic management system in the Republic of Uzbekistan, as well as the priority directions for industrial development within the framework of the "Uzbekistan - 2030" Strategy have been examined. Based on the analysis of indicators related to industrial production and gross domestic product, the significance of the industrial sector in ensuring sustainable economic growth in the country is justified. The role of the budgeting management system is defined as a mechanism for transforming strategic goals of enterprises into the system of planned indicators, resource allocation, performance control, and evaluation of results. It has been determined that the budgeting management system serves as one of the key mechanisms for implementing strategic tasks for the development of the industrial sector and enhancing the efficiency of industrial enterprises in the Republic of Uzbekistan.