First, attention is paid to the Law "On amendments and additions to certain legislative acts of the Republic of Uzbekistan in connection with the adoption of the Law of the Republic of Uzbekistan "On Insolvency".
The law introduces amendments and additions to the laws and codes of the Republic of Uzbekistan, providing for clarification of the signs of insolvency of individuals and legal entities, as well as the grounds for bringing to responsibility for violation of legislation on insolvency.
In particular, the Criminal Code strengthens the grounds for criminal liability for false insolvency and intentional insolvency. It was noted at the meeting that the introduction of these norms into practice would allow for a clear legal assessment of the currently existing number of problems related to pseudo-insolvency.
In addition, the senators previously discussed the Law "On the State Budget of the Republic of Uzbekistan for 2024". The law approves the parameters of the Consolidated Budget of the Republic of Uzbekistan for 2024 and budget targets for 2025-2026, the forecast of the main macroeconomic indicators of the development of the Republic of Uzbekistan for 2024 and targets for 2025-2026, which serve as the basis for their preparation.
The meeting heard reports from representatives of responsible ministries and departments on specific calculations on the expenditure of budget funds allocated to the social sphere, in particular in areas related to science, education and healthcare. In their opinion, specific plans have been prepared for the targeted spending of budget funds allocated for 2024, and the process will be regularly monitored.
Several more laws were actively discussed at the meeting of the Committee, and the relevant decision of the Committee was adopted.
