THE STATE’S FISCAL POLICY AND ITS PRIORITY DIRECTIONS IN ENSURING ECONOMIC STABILITY
Abstract
This article analyzes the role and significance of the state’s fiscal policy in ensuring economic stability. In a market economy, the government’s fiscal, budgetary, and tax policies are considered crucial factors for supporting economic growth, controlling inflation, and improving the investment climate. The study highlights the main priority directions of fiscal policy, including strengthening budgetary stability, maintaining public debt at an optimal level, simplifying the tax system, and promoting investments in the real sector of the economy. In addition, financial reforms being implemented in Uzbekistan, their impact on economic stability, and the effectiveness of cooperation with international financial institutions are analyzed. As a result, the theoretical and practical aspects of ensuring macroeconomic stability through strategic planning of state fiscal policy are substantiated.
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