STRENGTHENING THE ROLE OF ELEMENTS OF FINANCIAL CONTROL OF ENTERPRISES WHILE IMPROVING TAX COLLECTION

Nuriddin, Ernazarov
Bahriddinxon, Yahyoyev

Journal of Contemporary Business Law & Technology: Cyber Law, Blockchain, and Legal Innovations
Vol. 1 No. 3 (2024): European Journal of Contemporary Business Law & Technology: Cyber Law, Blockcha

The article outlines the difficulties of ensuring stability, the unpredictability of a cyclical downturn in the economy, methods of monetary control in conditions of both budget deficits and surpluses in conditions of manipulation of securities through the use of a reserve requirement for bank deposits. It is noted that mandatory reserve requirements should not be a permanent element of the state financial system. The proposal is made that reserve requirements in the order of 5% of credit accumulated in current accounts or savings deposits should be subject to monetary control rather than budgetary control