THE IMPACT OF DIGITAL TECHNOLOGIES ON PUBLIC FINANCE MANAGEMENT: EFFICIENCY ANALYSIS AND DEVELOPMENT PROSPECTS

31.03.2024 International Scientific Journal "Science and Innovation". Series A. Volume 3 Issue 3

Achilova Komila Egamkulovna

Abstract. In the era of digitization, the management of public finances is undergoing significant transformations that promise to enhance efficiency, transparency, and responsiveness of financial processes. The article “The Impact of Digital Technologies on Public Finance Management: Efficiency Analysis and Development Prospects” aims to explore the influence of digital technologies on the management of public finances, with a special focus on evaluating the efficiency of these technologies and examining the prospects for their further development and integration. Through a comprehensive review of literature, empirical studies, and analysis of various case studies, this article presents a detailed overview of the current state of digital technologies in public finance management and outlines the potential benefits and challenges associated with their adoption. The findings suggest that while digital technologies offer substantial opportunities to improve public finance management, their implementation comes with specific hurdles that need to be addressed to fully realize their potential

Keywords: digital technologies, public finance management, efficiency, transparency, financial processes, digitization in public sector, implementation challenges, development prospects.