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WAYS TO OVERCOME THE IMPACT OF THE PARIS AGREEMENT ON THE COAL INDUSTRY IN THE TRANSITION TO A GREEN ECONOMY
Sherzod Begalov

This article discusses the «green» economy and the Paris Agreement, as well as the process of transition of coal enterprises of our country to it based on the requirements of the agreement, the efforts taken in this direction, as well as the achievements of Uzbekistan in this area and future cooperation. The article analyzes the relationship between climate change and sustainable development, the economic and environmental significance of the “green” economy from the point of view of the requirements of the Paris Agreement, and also considers ways of introducing the “green” economy into the management of coal enterprises in the context of the Paris Agreement. Studying modern foreign experience, proposals are made on the formation of a «green» economy with the help of JSC "Uzbekkumir" and contributing to the economy of our country.

04/30/2025
  • PDF (Uzbek)
78-85 164 72
THE IMPORTANCE OF INTERNATIONAL AGREEMENTS IN ENSURING SUSTAINABLE DEVELOPMENT AND REDUCING IMPACT ON THE ENVIRONMENT
Jasurbek Turgunov

This article explores the importance of international regulations in ensuring sustainable development. The study analyzed quantitative indicators of climate change, including CO2 emissions. It focuses on the mechanisms of implementation of international regulatory documents in ensuring environmental stability. Also, the article pays special attention to the issue of implementing effective measures to ensure the Paris Agreement.

10/31/2024
  • PDF (Uzbek)
257-261 107 113
FEATURES OF REFLECTION OF THE MURABAHAH AGREEMENT IN THE ACCOUNTING OF FINANCIAL ORGANIZATIONS
Nilufar Batirova

This article reveals the specific aspects of accounting in Islamic financial institutions and the procedure for accounting for a murabaha agreement, which is one of the commercial agreements. The main points on financing of the negotiations are given, and the documents pay special attention to the description of transactions related to it. In particular, the features of the method chosen by the financial institution are discussed, as well as the accounting procedures in Islamic financial institutions, the similarities and differences in accounting in traditional and Islamic banks. The conclusion presents the main points regarding the implementation of the Murobaha trade agreement.

01/31/2024
  • PDF (Uzbek)
279-287 179 89
FEATURES OF LEASE AGREEMENT IN ISLAMIC FINANCE
Nilufar Batirova

This article discusses the application and modification of lease instrument, which is one of the services of Islamic finance. The important features of financing the lease transaction and the corresponding accounting policy and procedure are described and explained. In particular, it is emphasized that when using lease as an instrument of Islamic finance, the presence of an asset in the lease agreement, full provision of all descriptions and full fulfillment of the terms of the contract are among the most important aspects. In conclusion, it is substantiated that with this type of contract, the amount of fair rent does not lead to unjust enrichment as a result of the exchange of opposite values.

09/30/2024
  • PDF (Russian)
243-249 336 82
RECOMMENDATIONS ON THE POLICY OF UZBEKISTAN'S PARTICIPATION IN TRADE AGREEMENTS
Malika Toshpulatova

The article analyzes the economic foundations of Uzbekistan's integration into the international trading system, in particular, the policy of participation in the World Trade Organization. The study reveals the impact of trade agreements on exports, investments and competitiveness. The importance of inclusiveness, institutional coordination and stakeholder participation in the formation of trade policy based on international and regional experience is highlighted. The empirical analysis is carried out using a panel regression model based on data for Uzbekistan, Kazakhstan and Kyrgyzstan for 2000–2024. The results show that WTO membership increases GDP by an average of 17%. It is also found that WTO membership improves the investment climate, increases export diversification and accelerates institutional reforms. According to the forecast analysis, by 2030, Uzbekistan's GDP could reach 245 billion US dollars under WTO membership. The article also focuses on the potential social and cross-sectoral risks of trade liberalization and provides practical recommendations for a balanced trade policy.

12/29/2025
  • PDF (Uzbek)
268-277 76 87
CERTAIN ISSUES OF REFLECTING RIGHT-OF-USE ASSETS AND LEASE LIABILITIES IN FINANCIAL STATEMENTS BASED ON IFRS 16
Oxunjon Xasanboyev

This article analyzes the specific aspects of organizing the accounting for lease transactions in accordance with IFRS 16. In particular, it examines the recognition and presentation of the right-of-use asset and lease liability in the financial statements. The study explores the conditions for recognizing the right-of-use asset and lease liability, as well as the issues related to their disclosure in the notes to the relevant financial statements.

09/29/2025
  • PDF (Uzbek)
283-289 291 60
USE OF MODERN TECHNOLOGIES AND METHODS IN IMPROVING THE RISK MANAGEMENT SYSTEM OF COMMERCIAL BANKS OF THE REPUBLIC OF UZBEKISTAN
Muzaffar Muxamedov

The article analyzes modern approaches to improving the risk management system in commercial banks of Uzbekistan. It provides specific statistical data on commercial banks for the period of 2022–2025. Definitions are given for credit, market, operational, liquidity, reputational, and compliance risks encountered in banking activities and practices, along with proposed measures to prevent these risks in the Uzbekistan market. In this regard, methods for risk reduction are suggested through the implementation of artificial intelligence and machine learning technologies, as well as integrated solutions that encompass international standards, technological innovations, and the development of human capital to enhance the financial stability of banks.

03/28/2025
  • PDF (Uzbek)
145-151 144 95
FEATURES OF ACCOUNTING FOR THE ISTISNA AGREEMENT IN FINANCIAL INSTITUTIONS
Nilufar Batirova

This article discusses one of the methods of Islamic financing – istisna, which is one of the methods of financing financial institutions, and also reveals its essence. The features and specificity of istisna, as a method of financing based on the principles of Islamic economics, are considered. The features of accounting for istisna as a financial instrument, as well as its advantages and disadvantages compared to other financial instruments, in particular, salam, are covered. It also sets out the legal basis and procedures for applying this instrument. The forms of payment in istisna and the sequence of transactions using this instrument are consistently analyzed. Also analyzes the main similarities and differences of the istisna instrument with financial instruments offered by traditional financial institutions. The article concludes with conclusions about the benefits of using the istisna tool.

01/31/2025
  • PDF (Uzbek)
300-308 99 45
“UZBEKISTAN - 2030” STRATEGY: “GREEN ECONOMY”
Doniyor Faxriyev

This article is devoted to covering the topic of “Uzbekistan - 2030” Strategy: “Green Economy”. The article also examines upon the history of the emergence and formation of the green economy on a global scale.

12/27/2024
  • PDF (Uzbek)
48-52 652 125
THE ROLE AND IMPORTANCE OF THE RETAIL BUSINESS OF A COMMERCIAL BANK
Sardorbek Sultonmurodov

This article examines the concept and essence of retail business, retail lending and retail customer service, the role and importance of the implementation of social packages of services in the development of the country's economy, the donation of local and international financial institutions and foreign banks in the formation of banking resources. Moreover, the role and importance of the development of lending to retail customers, which is significant for a commercial bank, are considered. The perspective of the development of retail banking lending and its role in the development of the country's economy is considered. Suggestions and recommendations for improving retail lending are given

04/30/2024
  • PDF (Russian)
518-525 134 74
THE ROLE OF TECHNICAL SUPPORT IN THE EVALUATION OF INVESTMENT PROJECTS
Bobir Sultonmurodov

The article examines the concept and essence of technical support, its role in evaluating promising projects, trends in the development of financing investment projects, issues of raising funds and factors influencing their timely development. The foreign experience of banks in attracting credit resources from international financial organizations has been studied. In addition, the possibilities of applying international experience in the field of technical evaluation of projects, ways of cooperation with international financial institutions such as the International Finance Corporation (IFC), the International Bank for Reconstruction and Development (IBRD), the European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) were considered.

03/30/2024
  • PDF (Russian)
442-448 106 100
AREAS OF EMPLOYMENT IN THE CONTEXT OF THE TRANSITION TO THE DIGITAL ECONOMY
Olimjon Yusufaliyev, Javokhirbek Begimkulov

This article examined the state of the labor market under the influence of digital technologies entering our country, employment indicators of the population, modern forms of employment, the views of foreign and domestic scientists in this regard, the analysis of the level of employment in the ICT sector and a number of issues related to the industry. In the context of the transition to the digital economy, conclusions and proposals were made in the appropriate order for the provision of employment of the population.

09/29/2023
  • PDF (Uzbek)
170-177 104 92
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