ADVANCING PUBLIC PROCUREMENT FINANCE: THE METALLURGICAL COMBINE OF UZBEKISTAN EXPERIENCE
PDF
DOI

Keywords

Public Procurement, financial processes, metallurgical combine, Uzbekistan, procurement efficiency, financial management, cost savings, transparency, regulatory compliance

How to Cite

Abdumajitov , U. (2024). ADVANCING PUBLIC PROCUREMENT FINANCE: THE METALLURGICAL COMBINE OF UZBEKISTAN EXPERIENCE. Journal of Science-Innovative Research in Uzbekistan, 2(6), 449–459. Retrieved from https://universalpublishings.com/index.php/jsiru/article/view/6380

Abstract

This article delves into the advancements in public procurement finance, focusing on the experiences of the Metallurgical Combine of Uzbekistan. Public procurement plays a critical role in economic development, and efficient financial management within this sector can significantly enhance national growth. The study highlights the unique strategies employed by the Metallurgical Combine of Uzbekistan to optimize procurement processes, ensure fiscal discipline, and promote transparency. By examining the frameworks and methodologies adopted, this article provides valuable insights into best practices that can be replicated in similar industrial contexts. Additionally, it addresses the challenges faced and the innovative solutions implemented to overcome them, offering a comprehensive overview of how public procurement finance can be advanced through strategic planning and execution.

PDF
DOI

References

Sanchez, A. (2013). The Role of Procurement. In The International Handbook of Public Financial Management (pp. 312-335). London: Palgrave Macmillan UK. 2. Lombres, C. P. (2020). Streamlining Solutions for Procurement Management through Automation. 3. Matthews, D. (2005). Strategic procurement in the public sector: A mask for financial and administrative policy. Journal of Public Procurement, 5(3), 388-399.

Ахунова, Ш. Н., & Абдуллаева, Б. (2015). Динамика и перспективы развития частного предпринимательства в Узбекистане. Журнал научных публикаций аспирантов и докторантов, (5), 23-25. 5. Knight, L., Harland, C., Telgen, J., & Caldwell, N. (2012). Public procurement: an introduction. In Public Procurement (pp. 29-43). Routledge. 6. Yuldashevna, A. B. (2021). The digital economy as a key factor in the formation of a favourable investment climate. ResearchJet Journal of Analysis and Inventions, 2(12), 1-6. 7. Абдуллаева, Б. Ю., & Жураева, Н. (2019). Основные причины формирования теневой экономики в предприятиях малого бизнеса. Апробация, (4), 68-71. 8. Abdullaeva, B. Y. (2022). Analysis of the experience of the eu countries in increasing the capital of credit institutions. Nazariy va amaliy tadqiqotlar xalqaro jurnali, 2(11), 72-84. 9. Sönnichsen, S. D., & Clement, J. (2020). Review of green and sustainable public procurement: Towards circular public procurement. Journal of cleaner production, 245, 118901. 10. Abdullayeva, B. Y. (2022). Повышение эффективности инновационных процессов на предприятиях текстильной промышленности. Nazariy va amaliy tadqiqotlar xalqaro jurnali, 2(4), 107-115. 11. Абдуллаева, Б. Ю. (2021). Особенности организации бухгалтерского учета и аудита в корпоративном управлении.

In Бухгалтерский учет: достижения и научные перспективы XXI века (pp. 7- 9).

Halonen, K. M. (2021). Is public procurement fit for reaching sustainability goals? A law and economics approach to green public procurement. Maastricht Journal of European and comparative law, 28(4), 535- 555.

Абдуллаева, Б. Ю. (2021). Инновационные решения для эффективного разрешения конфликтов в ВУЗах. Central Asian Journal of Innovations on Tourism Management and Finance, 2(11), 64-70. 14. Gansler, J., Lucyshyn, W., & Ross, K. (2003). Digitally integrating the government supply chain: E-procurement, e-finance, and e-logistics.

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.