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QUALITATIVE ECONOMIC GROWTH IS AN IMPORTANT INDICATOR OF UZBEKISTAN'S ECONOMIC DEVELOPMENT
Moxigul Pulatova

This article examines the concept of qualitative economic growth and its role as a central indicator of Uzbekistan's economic development. In contrast to traditional measures focused solely on GDP growth, qualitative economic growth emphasizes sustainable development, structural diversification, productivity growth, income equality, and social well-being. The study analyzes Uzbekistan's economic trajectory over the past decade, focusing on improvements in industrial production, investments in human capital, technology adoption, and institutional reforms. Using qualitative and quantitative data, the article assesses how macroeconomic stability, structural reforms, and regional development initiatives contribute not only to the volume but also to the quality of growth. The article concludes with recommendations for improving the quality of growth, including diversifying the economy, developing high-value industries, strengthening social protection, and improving governance efficiency.

12/29/2025
  • PDF (Uzbek)
214-222 159 82
REGARDING THE ANALYSIS OF THE IMPACT OF RECENT TAX REFORMS ON THE ECONOMIC GROWTH OF UZBEKISTAN
Farrukh Babaev

The recent tax reforms in Uzbekistan have had a positive impact on the country's economic growth by encouraging investment, increasing consumption, developing entrepreneurship, increasing competitiveness, attracting foreign direct investment, encouraging the formalization of the informal sector, generating income for public investment and developing public investment. Through an in-depth analysis of tax reforms and their impact on various economic indicators, this study provides valuable insights into the role of tax policy in promoting economic growth in Uzbekistan.

07/31/2023
  • PDF (Uzbek)
114-121 111 76
METHODOLOGY FOR ANALYZING THE ECONOMIC POTENTIAL OF AGRICULTURAL ENTERPRISES
Tulkin Khakimov

Increasing the economic potential of agricultural enterprises, developing the
production of high-value-added products in the industry, providing the country's industry with raw materials and the population with high-quality food products is important at the present stage of economic reforms. Based on this, this article analyzes the methodology for analyzing the economic potential of agricultural enterprises.

06/30/2024
  • PDF (Uzbek)
256-262 274 81
THE ECONOMIC POTENTIAL OF AGRICULTURAL ENTERPRISES AND ITS COMPONENTS
Tulkin Khakimov

Increasing the economic potential of agricultural enterprises, developing the production of high-value-added products in the industry, providing the country's industry with raw materials and the population with high-quality food products is important at the present stage of economic reforms. Based on this, this article analyzes the components of the economic potential of agricultural enterprises.

03/30/2024
  • PDF (Uzbek)
167-175 220 120
TRANSFORMATION OF SOCIO-ECONOMIC SYSTEMS IN THE CONTEXT OF INDUSTRY 4.0
Konstantin Kurpayanidi

The present study investigates the transformative impact of the Fourth Industrial Revolution, encapsulated in the "Industry 4.0" framework, on the socio-economic systems of G7 countries, Russia, Kazakhstan, and Uzbekistan, drawing on contemporary scientific evidence. It explores how the integration of digital technologies—such as Big Data, the Internet of Things (IoT), and cyber-physical systems—reshapes industrial production, enhances resource efficiency, and fosters sustainable development, while simultaneously posing social and institutional challenges. The research employs a systemic analysis and comparative approach, highlighting the differential adoption of smart technologies like Smart Grid in Russia and IoT-driven agricultural advancements in Uzbekistan, alongside G7 leadership in automation. Findings reveal that while Industry 4.0 drives economic growth and environmental benefits, it also exacerbates labor market disruptions and resource demands, necessitating robust institutional reforms and a "Just Transition" framework. This comparative analysis underscores the need for tailored strategies to balance technological progress with social equity across diverse economic contexts.

04/30/2025
  • PDF (Russian)
143-153 358 124
THE INTERRELATION BETWEEN THE COMPETITIVENESS OF THE GLOBAL ECONOMY AND REGIONAL ECONOMIES IN THE CONTEXT OF GLOBALIZATION
Feruza Xayitova

This article explores the relationship between globalization processes and their impact on the global economy, as well as the competitiveness of regional economies. The intensification of economic ties in the global market and the expansion of trade and investment flows present new opportunities for regions, while also creating a highly competitive environment. The article also highlights the analysis of Uzbekistan’s foreign economic activity, the scope of ongoing reforms, the factors influencing national economic competitiveness, and the effect of globalization on regional competitiveness.

05/30/2025
  • PDF (Uzbek)
228-235 330 109
ANALYSIS OF REFORMS CARRIED OUT IN THE TAX SYSTEM IN OUR COUNTRY
Umid Normurzaev

This article covers a wide range of reforms aimed at creating favorable conditions for conducting business activities in the tax and financial spheres in the country in recent years, improving the investment climate and further strengthening the trust of business circles. At the same time, significant reforms were carried out in the tax system of Uzbekistan aimed at improving the efficiency, transparency and simplicity of tax administration, as well as ensuring investment and economic growth. Some important reforms carried out in the tax system of Uzbekistan have been studied, foreign experience, scientific and practical conclusions and proposals on its application have been formed in our country.

09/07/2023
  • PDF (Uzbek)
177-183 161 132
SPECIFIC FEATURES OF TAX RISK MANAGEMENT IN UZBEKISTAN AND MEASURES FOR THEIR MITIGATION
Feruza Jumaniyazova

The tax system in Uzbekistan has been evolving as a result of recent reforms, bringing about challenges such as the complexity of tax legislation, the incomplete digitalization process, and financial risks affecting the economic stability of taxpayers. This article explores the specific features of tax risk management in the Republic of Uzbekistan and the measures to mitigate these risks. The article outlines proposed methods for managing tax risks, including simplifying legislation, enhancing digitalization, and strengthening tax control. Additionally, concrete proposals aimed at improving the efficiency of the tax system are provided. The article is intended to contribute to the improvement of tax system efficiency and the overall economic stability of the country.

09/30/2024
  • PDF (Uzbek)
111-120 198 86
PROCESSES AND ISSUES OF TRANSITIONING UZBEKISTAN’S BANKING SYSTEM TO INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS)
Feruza Ergasheva

The article examines the processes and challenges of transitioning Uzbekistan’s banking system to International Financial Reporting Standards (IFRS). The adoption of these standards, which are critical in the context of global economic integration, ensures the transparency, comparability, and reliability of financial reporting. In the Republic of Uzbekistan, the transition to IFRS is a vital component of economic reforms aimed at integrating banks into international financial markets and enhancing investor confidence. However, this process is accompanied by challenges, including the adaptation of the regulatory framework, training of qualified personnel, and development of information technology infrastructure. The article analyzes the key issues, challenges, and prospective solutions related to this transition.

05/30/2025
  • PDF (Uzbek)
71-76 206 136
IMPROVING THE THEORETICAL FOUNDATIONS OF IMPROVING EFFICIENCY OF BUDGET POLICY
Akmal Abduvokhidov, Sanobar Matkuliyeva

Ensuring sustainable economic growth in Uzbekistan by diversifying the structure of the economy and enhancing competitiveness, consistent implementation of market mechanisms in all sectors of the economy, reducing poverty and improving the welfare of the population, accelerated development of the digital economy, transformation of state-owned companies, and reducing state participation in the economy are the priorities of the economic reforms currently underway. Within the framework of these economic reforms, such issues as improving budget policy and improving the efficiency of using budget funds occupy an important place. In reliance upon the considerations specified above, this article analyzes the theoretical aspects of improving the effectiveness of budget policy.

12/31/2023
  • PDF (Uzbek)
5-19 246 193
AREAS FOR IMPROVING THE EFFICIENCY OF RISK MANAGEMENT OF INSURANCE COMPANIES
Mukhtabar Nurmukhamedova, Aziza Matkurbanova

Diversification of the structure of the economy in Uzbekistan and its competitiveness, consistent introduction of market mechanisms to all sectors of the economy, reduction of poverty and increase the well-being of the population,rapid development of the digital economy, transformation of state companies, ensuring sustainable economic growth by reducing the participation of the state in the economy constitute the priorities of economic reforms currently being carried out. Within the framework of these economic reforms, the definition of urgent tasks for “formation of a free competitive environment in the commodity and financial markets”, “popularization of the life insurance network and personal insurance among the population, their large-scale promotion and development of new types of life and personal insurance” is a theoretical analysis of insurance activities in the country- it indicates the need to carry out research work on improving the methodological and practical basis, increasing the level of salinity and quality of insurance services in the structure of financial services.

11/30/2023
  • PDF (Uzbek)
99-110 978 231
EFFECTIVE USAGE OF THE OPPORTUNITIES PROVIDED FOR BUSINESS ACTIVITIES IN THE PRIVATE SECTOR
Abror Inobatov

The market economy is an economy based on free enterprise and entrepreneurship. Therefore, for the formation and development of entrepreneurship in the private sector, it is necessary to improve the business environment in the economy and thereby increase the profitability of economic sectors, increase the employment of the population, and improve their well-being. In order to achieve such priority results, the economic reforms implemented in our country are aimed at the development of entrepreneurship in the private sector and, on this basis, economic growth and ensuring the stable development of the national economy.

03/30/2024
  • PDF (Uzbek)
24-30 156 134
SPECIFIC ASPECTS OF MANAGING THE FINANCIAL POTENTIAL OF THE REGION
Golibjon Akramov

Ensuring sustainable economic growth in Uzbekistan by diversifying the structure of the economy and increasing its competitiveness, consistent implementation of market mechanisms in all sectors of the economy, reducing poverty and improving the welfare of the population, accelerated development of the digital economy, transformation of state-owned companies, and reducing state participation in the economy are the priorities of the economic reforms currently underway. Within the framework of this economic reform, issues such as increasing the financial potential of the regions and increasing the gross regional product will occupy an important place. Based on this, this article analyzes the theoretical aspects of increasing the financial potential of the regions.

01/31/2024
  • PDF (Uzbek)
18-26 234 181
PROSPECTS OF USING THE OPPORTUNITIES OF ISLAMIC FINANCE IN ACHIEVING ECONOMIC STABILITY IN OUR COUNTRY
Dadajon Khabibullayev

The article discusses the impact of Islamic finance on economic changes in the process of achieving economic stability and improving reforms in our country. At the same time, the author expressed his views as one of the most important factors leading to significant and complex changes in the structure, systems and activities of the modern economy, which is one of the most important factors that determine a stable increase in the level of production, competitiveness and general economic well-being. The author further strengthened these views based on the statistics presented by country and year.

07/31/2023
  • PDF (Uzbek)
54-61 316 144
FOREIGN TRADE REFORMS UNDERTAKEN IN THE COUNTRY
Javakhir Turapov

This article covers the scope of foreign economic activity of modern telecommunications equipment, computer equipment, world-famous fabrics, and clothing made from them, in particular, some of the work carried out in the field of foreign trade, as a result of the economic reforms being carried out in the country

12/13/2024
  • PDF (Uzbek)
612-617 245 131
IMPROVEMENT OF DEVELOPMENT MECHANISMS OF BANKING ACTIVITIES
Shukhrat Tashmatov

The article examines the issues of development and improvement of the banking system, defines priority areas for the development of the banking services market. The directions for improving their elements and mechanisms of the banking services market are substantiated, the characteristic features of the development of banking activities and their impact on the social and economic development of the Republic of Uzbekistan are identified and described.

06/30/2025
  • PDF (Uzbek)
267-275 169 100
IMPORTANCE OF TAX REPORTING AND ITS HISTORICAL EVOLUTION
Gulnoza Tursunova

This article comprehensively explores the historical evolution and modern
importance of tax reporting. It traces the origins of taxation from ancient civilizations to modern
economies, examining major milestones, legislative reforms, and technological advances that have
shaped tax reporting practices over time. It also analyzes the importance of tax reporting in
promoting fiscal management, revenue generation, social equity, transparency and economic
development.

02/29/2024
  • PDF (Uzbek)
634-643 126 102
PROSPECTS FOR IMPROVING THE GREEN ECONOMY MANAGEMENT SYSTEM IN UZBEKISTAN
Bekzod Toshboyev

This article analyzes the implementation of the green economy concept in Uzbekistan, its management system, and current directions for improving this system. It also substantiates the need to ensure environmental sustainability, rational use of resources, develop renewable energy sources, and conduct socio-economic reforms based on the principles of a green economy. The article develops proposals and recommendations for improving the green economy management system in Uzbekistan, based on foreign experience and national development strategies.

07/31/2025
  • PDF (Uzbek)
137-143 213 0
ASSESSMENT OF APPRAISERS RATINGS AND DETERMINATION OF THEIR RANKING AS A STIMULUS FOR ENHANCING FAIR COMPETITIVENESS IN THE VALUATION SERVICES MARKET
Giyos Tashpulatov

Within the framework of the “Uzbekistan – 2030” and “Digital Uzbekistan – 2030” strategies adopted in New Uzbekistan, as well as at the new stage of economic reforms, special importance is given to improving the activities of appraisal organizations and enhancing the quality and efficiency of the services they provide. This article explores the issues of fostering fair and healthy competition in the valuation services market through the assessment of appraisers’ ratings and the determination of their rankings. The rating system offers opportunities to ensure transparency, strengthen customer trust, improve service quality, and increase overall competitiveness. Based on the analysis of international experience, the article discusses effective approaches that can be introduced into national practice, criteria for appraiser ranking, evaluation methods, and their outcomes. The article also presents proposals and recommendations for addressing potential challenges that may arise during the implementation of such a system.

04/30/2025
  • PDF (Uzbek)
366-376 142 86
PRIVATE OWNERSHIP IS THE DRIVER OF NATIONAL ECONOMIC DEVELOPMENT
Sherali Juraev

This article evaluates the role of private property in the development of the national economy of Uzbekistan, examines the status of private sector entities, development trends, and conducts a comparative analysis of their investment activity. The article investigates the principles, characteristics, and implementation stages of privatization of state property in the country, as well as the content, structure, and improvement of economic reforms aimed at supporting the sector. It also explores the factors of private property development, prospects for structural development, and provides scientific proposals and practical recommendations focused on ensuring sustainable economic development through the digitalization of small businesses and private entrepreneurship.

01/31/2025
  • PDF (Uzbek)
315-324 160 81
PROSPECTS FOR DEVELOPING UZBEKISTAN'S RELATIONS WITH INTERNATIONAL FINANCIAL ORGANIZATIONS
Farangiz-bonu Ortigaliyeva, Zilola Shamansurova

Our article discusses the importance of international financial organizations and their role in economic development, as well as an analysis of Uzbekistan's current financial relations with international financial organizations and the prospects for expanding cooperation between them. The main areas of cooperation are analyzed using the example of the International Monetary Fund (IMF) and the World Bank.


After gaining independence, Uzbekistan established active relations with international financial institutions. In particular, it has implemented a number of major projects in the fields of agriculture, transport, healthcare, education, infrastructure, energy, and construction. In recent years, reforms aimed at liberalizing the economy and increasing investment attractiveness have led to further expansion of cooperation. The article highlights Uzbekistan's promising projects with these organizations aimed at sustainable development, green economy, inclusive economy, poverty reduction, employment generation, and creation of modern infrastructure through long-term strategies. As a result of this cooperation, it is envisaged that our country will strengthen its integration into the global economy.

11/29/2024
  • PDF (Uzbek)
237-244 164 73
THE OBJECTIVE NECESSITY OF ENSURING THE ATTRACTIVENESS OF THE INVESTMENT ENVIRONMENT
Nilufar Hamdamova

The article provides a scientific analysis of the concept of the investment environment, its structural components, and the internal and external factors influencing it. The objective necessity of ensuring investment attractiveness is substantiated. Particular emphasis is placed on the role of macroeconomic balance and institutional reforms, as well as the creation of a favorable business environment for both foreign and domestic investors, in ensuring sustainable economic growth. The criteria for assessing the investment environment and the impact of international ratings and indices on the country’s image are analyzed. Furthermore, the role of enhancing investment attractiveness in strengthening socio-economic stability is scientifically examined.

03/04/2026
  • PDF (Uzbek)
87-93 161 69
ANALYSIS OF THE CURRENT STATE OF ECONOMIC EFFICIENCY OF THE RAILWAY TRANSPORT SYSTEM
Xasan Raximov

This article analyzes the economic efficiency of the railway transport system, its current state, existing problems, and ways to eliminate them. The role of the transport system in the national economy, the need for its innovative development, infrastructure reforms, and digitalization processes are highlighted. Also, based on world experience, proposals were made to improve the efficiency of railway transport.

10/31/2025
  • PDF (Uzbek)
177-183 262 89
PROSPECTS FOR MANAGING THE COMPETITIVENESS OF FOOD INDUSTRY ENTERPRISES IN A MARKET ECONOMY
Gavhar Xusanova

This article highlights the urgent issues of ensuring and effectively managing the competitiveness of food industry enterprises under market economy conditions. It analyzes the need for innovative development of enterprises during economic reforms, improving production efficiency, enhancing marketing strategies, and introducing modern management mechanisms. Moreover, it outlines the prospects for achieving sustainable economic growth of industrial enterprises by developing a competitive environment, increasing export potential, and ensuring the stability of the domestic market with food products. The research results are of practical importance for determining strategic directions of competitiveness management and strengthening the economic stability of food industry enterprises.

10/31/2025
  • PDF (Uzbek)
239-244 151 115
THEORETICAL FOUNDATIONS OF TAX ANALYSIS METHODOLOGY
Gulnoza Tursunova

This research paper provides an overview of existing methods used in tax analysis, including economic models, empirical methods, comparative studies, and tax compliance studies. By exploring the strengths, limitations, and applications of this methodology, this study contributes to a deeper understanding of the complex relationship between taxes and economic performance.

04/30/2024
  • PDF (Uzbek)
546-554 188 108
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