Strengthening the Financial Sustainability of Local Budgets Under Fiscal Decentralization: Evidence From Uzbekistan

This study examines the financial sustainability of local budgets in Uzbekistan within the framework of fiscal decentralization. It analyzes the theoretical foundations of local budget autonomy, recent budget reforms, and institutional mechanisms for strengthening local public finance. The study finds that improving tax collection efficiency, expanding local revenue sources, enhancing expenditure management, and increasing public participation are essential for ensuring the financial sustainability of local budgets. The findings provide policy recommendations for improving local budget management and promoting balanced regional development.