MECHANISMS FOR DIVERSIFYING FUNDING SOURCES AND REDUCING FINANCIAL RISKS IN SUBSIDY-BASED FINANCING OF NON-GOVERNMENTAL NON-PROFIT ORGANIZATIONS
Abstract
Non-governmental non-profit organizations are important participants in solving social problems, protecting public interests and strengthening civic participation. In Uzbekistan, state subsidies are used as one of the financial instruments for supporting socially significant initiatives. However, a subsidy becomes effective only when it is integrated into a broader financial management system and does not create excessive dependence on one source of funding.
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References
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