Яшил иқтисодиёт ва тараққиёт Volume 3 Issue 2 (2025)
The role of participatory budgeting practices in financing infrastructure
Mirzayev, Xursanmurod
Abstract
Participatory budgeting (PB) has emerged as a dynamic process that empowers communities to have a directsay in the allocation of public resources. This article explores the significant role that PB practices play in financinginfrastructure projects, highlighting how it bridges the gap between community needs and governmental priorities. Despitechallenges in implementation, PB holds the potential to revolutionize infrastructure financing by fostering greater trust andcollaboration between governments and their citizens. This article underscores the transformative power of participatorybudgeting in creating sustainable and responsive infrastructure solutions.
Participatory budgeting, infrastructure financing, public finance, governmental objects, government budget, econometric model, regression, Jarque-Bera, multicollinearity.
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