ANALYSIS OF CONDUCTING AUCTIONS BY REDUCING THE INITIAL PRICE IN PUBLIC PROCUREMENT

Аннотация

The article highlights the specific features of public procurement organization in Uzbekistan. Also, the current situation of the organization of public procurement is analyzed. Accordingly, in the financial structure of every country, the performance of the assigned functions and powers by the state is considered as an objective measure of the existence of the state financial system. The state budget is widely used by the country to solve the strategic and practical tasks assigned to it.The mechanism of reducing public debt in the state budget is analyzed by holding a public auction .