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IN THE FINANCIAL ACTIVITIES OF STATE-OWNED ENTERPRISES WAYS OF ASSESSING FISCAL RISKS

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ARTICLE ANNOTATION

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This article presents a literature review of the experience of foreign scientists in improving the financial activities of state-owned enterprises. Official data and analyzes of the Ministry of Economy and Finance of the Republic of Uzbekistan are also provided. Based on this literature review and analysis, practical suggestions and recommendations are presented.

AUTHORS

O.Mavlonov

Hududiy qurilish montaj dereksiyasi

Tags

# financial stability# moliyaviy barqarorlik# государственные предприятия# state-owned enterprises# финансовая устойчивость# davlat ishtirokidagi korxonalar# fiskal risklar# to’lov qobilyati.# фискальные риски# платежеспособность.# fiscal risks# solvency.

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References

Baum, Anja, Paulo A. M., Alberto S., and Mouhamadou S. (2021). How to Assess Fiscal Risks from State-Owned Enterprises: Benchmarking and Stress Testing. IMF Fiscal Affairs Department How-To-Note 21/09. https://www.imf.org/en/Publications/Fiscal-Affairs-Department-How-To Notes/Issues/2021/08/18/How-to-Assess-Fiscal-Risks-from-State-Owned-Enterprises- 463616.

Baum, Anja, Paulo A. M., Alberto S., and Mouhamadou S. (2022). Managing Fiscal Risks from State- Owned IMF Working Paper WP/20/213. https://www.imf.org/ /media/Files/Publications/WP/2020/English/wpiea2020213-print-pdf.ashx.

International Monetary Fund (IMF) (2016). How to Improve the Financial Oversight of Public Corporations. Fiscal Affairs Department How-To-Notes No. 5. https://www.imf.org/external/pubs/ft/howtonotes/2016/howtonote1605.pdf.

Organization for Economic Cooperation and Development (OECD) (2015). OECD Guidelines on Corporate Governance of State-Owned Enterprises, 2015 Edition. OECD Publishing, Paris. http://dx.doi.org/10.1787/9789264244160-en.

Renteria, C., Isabel R., Avril H., Katja F., and Malcolm P. (2018). Zambia─ Assessing and Managing Fiscal Risks from State-Entities and Public-Private Partnerships. IMF Technical Assistance Report.

Sayegh, Amanda (2019). Analyzing and Assessing Risks from SOEs. IMF, Memo.

Ter-Minassian, Teresa (2017). Identifying and Mitigating Fiscal Risks from State-Owned Enterprises (SOEs). Inter-American Development Bank Discussion Paper No. IDB-DP-546. https://publications.iadb.org/publications/english/document/Identifying-and-Mitigating-Fiscal Risks-from-State-Owned-Enterprises-(SOEs).pdf

United Republic of Tanzania Office of the Treasury Registrar (OTR) (2022). Treasury Registrar’s Annual Operations Report for Financial Year 2020/21.