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DIRECTIONS FOR THE DEVELOPMENT OF PASSENGER TRANSPORT ACTIVITIES IN RAIL TRANSPORT
Yusupkhon Ozatbekov

This article analyzes the main directions for the development of passenger transportation activities in rail transport. It discusses statistical indicators of passenger transportation, income and expense dynamics during the period from 2014 to 2023, as well as detailed information regarding infrastructure costs.
The article includes statistical analyses of the number of passengers transported by rail and their turnover. It examines changes in passenger numbers, income growth, expense dynamics, and the losses incurred from passenger transportation. Based on this information, the aim is to identify the main problems in passenger transportation activities in rail transport and propose solutions.
The article recommends ways to improve passenger transportation activities through the implementation of modern technologies in the rail transport sector, enhancing staff qualifications, and improving services for passengers. Additionally, it provides information on infrastructure proposals for the development of passenger transportation and necessary strategic measures to ensure economic stability.
The results of the research are significant for developing effective strategies for the advancement of rail transport, facilitating rapid development of passenger transportation, increasing economic efficiency, and creating convenience for passengers.

10/31/2024
  • PDF (Uzbek)
406-415 125 77
INFRATUZILMA FAOLIYATI ASOSIDA KICHIK BIZNES VA XUSUSIY TADBIRKORLIKNI RIVOJLANTIRISH STRATEGIYALARI
Sardor Kosimov

This article discusses strategies for the development of small businesses and private entrepreneurship through the improvement of infrastructure activities. By analyzing various elements of infrastructure, such as financial services, technological support, legal frameworks and logistics, the authors of the study identify key factors contributing to the growth and sustainability of small enterprises. The study highlights the importance of creating a favorable business environment, improving access to resources and stimulating innovation as the most important factors in the development of entrepreneurship. The results show that a well-developed infrastructure not only meets the operational needs of a small business, but also allows it to compete effectively in the market.

08/30/2024
  • PDF (Russian)
398-304 93 48
THE ESSENCE, CONTENT, AND FORMS OF INNOVATIVE ACTIVITIES IN EDUCATIONAL INSTITUTIONS
Ma’ruf Gafurov

This article provides an in-depth analysis of the essence and content of innovative activities in educational institutions, their role in the modern pedagogical process, and their impact on the quality of education. Innovative activity is presented as a complex process aimed at enhancing educational effectiveness through the introduction of new ideas, advanced technologies, and methods by teachers into the pedagogical process. The study examines, on a scientific basis, the advantages, practical effectiveness, and influence on student development of various innovative forms implemented in educational institutions, such as digital technologies, interactive methods, modular learning, project-based approaches, and STEAM integration. Furthermore, organizational and methodological factors influencing the implementation of innovative activities, the professional competencies of teachers, the technical infrastructure of educational institutions, and management mechanisms are analyzed. The results of the article demonstrate that the effective implementation of innovative approaches plays a crucial role in improving the quality of the educational process, encouraging students’ creative thinking, and developing modern competencies.

12/29/2025
  • PDF
84-90 107 0
THE ROLE OF THE TOURISM INDUSTRY IN THE ECONOMY AND THE THEORETICAL CONCEPTUAL FOUNDATIONS OF TAXATION OF TOURISM ACTIVITIES
Zafar Abdullayev

The article examines the role of the tourism industry in the economy, emphasizing its importance as a driver of growth, job creation and infrastructure development. The main economic indicators demonstrating the contribution of tourism to GDP and social well-being are analyzed. Special attention is paid to the theoretical conceptual foundations of taxation of tourism activities. The existing tax regimes, their advantages and disadvantages, as well as the impact of tax policy on the development of the tourism sector are discussed. The author offers recommendations on optimizing the tax burden for travel companies, which can contribute to improving the competitiveness of the industry. The article concludes with conclusions on the need for an integrated approach to tourism taxation, taking into account both economic and social aspects.

09/30/2024
  • PDF (Uzbek)
29-35 275 126
DOES TOURISM BENEFIT EVERYONE IN THE COMMUNITY?
Vasila Gofurova

Tourism can provide stability in an economy. Although recessions affect virtually all industries, tourism historically has seen relatively minor declines in revenue during recessionary times. Today, world tourism is one of the most profitable sectors of the economy. It ensures high employment and socio-economic development indicators of the working population. Because in countries where the hospitality industry is developing special attention is paid to the effective use of labor resources. Tourism is a wide notion that can be understood in different ways. For example, from Earth to Universe has a variety of tourism. Because tourism is the best option to relax and escape everyday problems for people. Thus in today’s age most travelers top option has become visiting suburbs and engaging in rural tourism activities. Because I think so people are already get bored from big shopping malls, dining restaurants, urban cities, famous monuments, buildings. Noise pollution bothers them at all. They need peaceful life, tranquil places, fresh air, more oxygen. Rural tourism is the complex of all these activities. In this article I will highlight some positive effects and opportunities together with it’s some drawbacks.

11/29/2024
  • PDF
121-125 126 54
PROBLEMS OF TOURISM AND SERVICE ACTIVITIES IN THE REPUBLIC OF KARAKALPAKSTAN
Anjim Embergenova

This article describes the analysis and problems of tourism service activities in the Republic of Karakalpakstan, the effective use of tourism potential in the near future, increasing the attractiveness of the region for domestic and foreign tourism markets, improving tourism infrastructure, identifying cultural heritage, culture and art, introducing new tourism services, measures to increase the types of national handicraft products, create new jobs in this area, and it is said that work will be carried out in this direction.

06/30/2024
  • PDF (Uzbek)
330-338 208 73
ANALYSIS OF THE CURRENT STATE OF BUSINESS FINANCING PRACTICE BASED ON ISLAMIC FINANCE IN UZBEKISTAN
Obid Isroilov

This article analyzes the current state, prospects, and current problems of business financing based on Islamic finance principles in Uzbekistan. Information is provided on the practical application of such instruments as murabaha, ijara, musharaka, mudaraba, their distribution and implementation by financial institutions. Islamic finance services are also analyzed using the example of the activities of Islamic leasing (Taiba Leasing), fintech (IMAN) and Islamic insurance (Apex Insurance) organizations. The article thoroughly covers obstacles such as the legal framework, infrastructure, financial literacy of the population, and staff shortage of Islamic finance. The importance and promising directions of cooperation with foreign experience and international organizations are indicated. Therefore, the article can have practical significance for scientific researchers, government bodies, and Islamic finance institutions.

07/31/2025
  • PDF (Uzbek)
228-238 133 74
ORGANIZATIONAL AND LEGAL FOUNDATIONS FOR THE DEVELOPMENT OF SMALL BUSINESS IN AGRICULTURE OF UZBEKISTAN
Davron Ruzmetov , Hurriyat Sabirova

This scientific article analyzes the organizational and legal framework for the development of small business and private entrepreneurship in agriculture in the Republic of Uzbekistan. The main purpose of the study is to assess the legal conditions created for small business entities operating in the agricultural sector, support measures provided by the state, and their impact on economic development. The article examines the decrees and resolutions of the President of the Republic of Uzbekistan, state programs, and regulatory legal acts aimed at the development of small business and private entrepreneurship as the main sources. These documents pay special attention to issues such as liberalization of entrepreneurial activity, simplification of registration procedures, provision of tax and financial incentives, and expansion of preferential lending mechanisms. These measures serve to create a favorable business environment for the activities of small business entities. During the study, the production volume, share of employment, and place of small business in agriculture in the economy were analyzed based on official statistical data. The results show that small businesses play an important role in providing employment, increasing incomes, and increasing food production in rural areas. In particular, dehkan farms and small enterprises provide the bulk of agricultural production. At the same time, the article also highlights some of the problems that hinder the development of small businesses, including limited access to financial resources, and shortcomings in the infrastructure and logistics system. At the end of the study, practical conclusions and proposals are made for the further development of small businesses in agriculture.

03/31/2026
  • PDF (Uzbek)
201-207 47 43
FOUNDATIONS FOR SUPPORTING THE PARTICIPATION OF STATE-OWNED ENTERPRISES IN FINANCIAL MARKETS
Ozod Mavlonov

This scientific article analyzes the theoretical foundations, economic mechanisms, and institutional aspects of supporting the participation of state-owned enterprises in financial markets. Based on empirical and statistical data, the study demonstrates that the participation of state-owned enterprises in capital markets contributes to increasing market liquidity, attracting long-term investment resources, and reducing the burden on the state budget. In particular, the role of the public sector in capital markets is revealed through the analysis of IPO and SPO activities as well as corporate bond issuance dynamics. The research findings indicate that supporting the participation of state-owned enterprises in financial markets is a key factor in strengthening financial stability, developing market infrastructure, and ensuring the long-term growth of the national economy.

01/30/2026
  • PDF (Uzbek)
125-130 87 42
DEVELOPMENT OF GREEN FINANCE INFRASTRUCTURE AND CREATION OF INNOVATIVE PRODUCTS IN COMMERCIAL BANKS
Ulugʻbek Mahmudov

This article analyzes the prospects for developing green finance products and creating innovative products in commercial banks. The research results indicate that green loans, ESG investments, and green bonds serve as essential tools for ensuring environmental, social, and economic sustainability in banking activities. Additionally, improving ecological risk management systems, cooperation with state and international financial institutions, and engaging young professionals and innovative ideas have been identified as key strategic directions.

11/28/2025
  • PDF (Uzbek)
136-141 119 52
SCIENTIFIC AND METHODOLOGICAL FOUNDATIONS OF ASSESSING THE EFFECTIVENESS OF INNOVATIVE SERVICES IN TELECOMMUNICATIONS ENTERPRISES
Muazzamxon Shaislamova

The article reveals the scientific and methodological foundations for implementing innovative activities in the service processes of telecommunication enterprises. It analyzes how, under the conditions of globalization, digital transformation, and the “Industry 4.0” paradigm, innovative approaches in servicing mobile devices, satellite communication systems, internet provider infrastructures, and 5G technologies enhance competition, improve service quality, flexibility, and energy efficiency. The paper also highlights trends in the expansion of digital infrastructure in Uzbekistan, the growth of 5G coverage areas, and the adoption of innovative platforms by national operators. From a theoretical standpoint, the economic and social effectiveness of innovation is explained based on Schumpeter’s concept of “creative destruction,” Rogers’ “diffusion of innovations” model, the Service-Dominant Logic framework, and institutional approaches.

10/31/2025
  • PDF (Uzbek)
190-195 98 84
IMPROVING THE ACTIVITIES OF SMALL BUSINESS AND PRIVATE ENTREPRENEURSHIP IN THE SERVICE SECTOR: THEORETICAL ASPECTS
Gulnora Shadiеva

This article examines the efficiency of small business in the service sector of Uzbekistan and its role in ensuring sustainable economic growth. The study highlights the key determinants of development, including government support, infrastructure quality, access to financial resources, and workforce skills. Particular attention is given to the introduction of innovations and digital technologies, which contribute to the optimization of business processes, cost reduction, and market expansion. The analysis shows that despite the positive results achieved, the sector still faces several challenges such as limited access to finance, high competition, and administrative barriers. At the same time, government initiatives aimed at reducing bureaucratic procedures, providing tax incentives, and stimulating the export of services create favorable conditions for further development. It is concluded that small businesses in the service sector have significant potential to expand their contribution to the economy, especially through export development and integration into international markets. The implementation of comprehensive measures will enhance the competitiveness of small enterprises and ensure further diversification of Uzbekistan’s economy.

09/29/2025
  • PDF (Russian)
456-463 61 23
FEATURES OF SUSTAINABLE DEVELOPMENT OF CITIES OF DIFFERENT ADMINISTRATIVE RANKS IN THE REPUBLIC OF UZBEKISTAN
Yulduz Salimova

In this article, taking into account the identified problems in the development of cities of different administrative ranks, special measures of urban policy are proposed for cities of different ranks. These include: the formation of agglomerations; the transfer of administrative, educational, production facilities outside the city and the transfer of management functions to other structures; the creation of innovative, science-intensive and high-tech activities, innovation-technology clusters; the interaction of nearby territories with cities based on innovative forms of management; the creation of satellite cities; the development of industrial, social, transport, engineering service functions and sectors based on specialization; the development of mechanisms for transferring investments, labor and production resources.

06/30/2025
  • PDF (Russian)
206-219 138 61
THE ROLE OF FOREIGN EXPERIENCE IN FINANCIAL PROMOTION OF INNOVATIVE ACTIVITIES OF ENTERPRISES
Nodirbek Baxriddinov

The article examines the innovative activity of industrial enterprises using foreign experience in financial incentives. The experience of various foreign countries on this issue is studied and the possibilities of their use in industrial enterprises are identified and assessed. Proposals are developed on the use of foreign experience in financial incentives for innovative activity.

04/30/2025
  • PDF (Uzbek)
66-72 146 73
FORMATION OF SUSTAINABLE FINANCING SYSTEMS FOR THE IMPLEMENTATION OF INNOVATIVE PROJECTS: EXPERIENCE OF UZBEKISTAN
Zilola Shamansurova

This study presents an analysis of state policy and mechanisms for creating sustainable financing systems for innovative projects in the Republic of Uzbekistan. It examines existing problems in the development of venture funds, startup ecosystems, and innovation infrastructure, as well as issues related to attracting state grants and foreign investments. The study also explores the necessity of financing through modern technology transfer and venture funds to accelerate innovative activities in the economy. Additionally, it analyzes the state of applied and fundamental scientific research and their effectiveness in being implemented in production.

01/31/2025
  • PDF (Uzbek)
513-523 98 76
ANALYSIS OF PROBLEMS AND SHORTCOMINGS IN UZBEKISTAN’S CAPITAL MARKET
Fazliddin Sindarov

This article analyzes the level of development of Uzbekistan's securities market, as well as existing problems and shortcomings. The study examines the current state of the stock market, the activities of government and private sector securities, and their economic efficiency. Key issues identified include the low liquidity of the securities market, the limited range of investment instruments, weak integration into international financial markets, and a lack of financial literacy. Additionally, the article explores factors such as the underdevelopment of capital market infrastructure, information asymmetry, and the limited opportunities for Islamic finance.

01/31/2025
  • PDF (Uzbek)
146-154 240 160
THE IMPORTANCE AND NECESSITY OF AN INNOVATIVE ECONOMY
In'omjon Madaminov

Today, the shrinking volume of economic resources and the globalization of the international economy further increase the relevance of the introduction of an innovative economy in ensuring sustainable economic growth in the country. The economy of Uzbekistan is gradually moving from farming based on raw materials and agriculture, as it was before the 90s of the last century, to an innovative agricultural system that today produces and provides services for the production of finished consumer goods, the production of which is resource-saving and scientific. A significant in-depth understanding of the effectiveness of economic activity under the influence of the innovation system makes it necessary to ensure their proper combination within various industries and sectors of the economy. In turn, the process influenced by this combined system causes the need to ensure the fulfillment of a number of tasks aimed at the proper organization of financial and economic relations aimed at innovative activities.

11/29/2024
  • PDF (Uzbek)
172-179 213 55
REGULATORY AND LEGAL BASIS OF THE DEVELOPMENT OF SMALL BUSINESS AND ENTREPRENEURIAL ACTIVITIES IN UZBEKISTAN
Aziza Fayziyeva

This article talks about laws, decisions and presidential decrees related to the development of small business and entrepreneurship in Uzbekistan. Since the first years of independence, Uzbekistan has paid great attention to the development of the legislation and legal framework for entrepreneurship, the protection of the rights of entrepreneurs, the organization of their financial support, the training and retraining of personnel, and the development of the market infrastructure serving small businesses.

08/30/2024
  • PDF (Uzbek)
37-41 210 84
SCIENTIFIC AND THEORETICAL ISSUES OF TAXATION OF SERVICE ENTERPRISES IN THE REPUBLIC OF UZBEKISTAN
Jamshid Pardayev

In this article, the scientific-theoretical issues of taxation of service enterprises in
Uzbekistan, the development of the service sector based on special approaches, the provision of business entities with financial resources and infrastructure, and the introduction of a favorable tax regime for them are defined as the current issues of today. received, which requires the application of favorable tax regimes to service enterprises and the implementation of research and development
activities aimed at achieving its effectiveness. At the same time, it is necessary to take the service to business entities to a new level, to further increase the tax administration literacy of the population, to support entrepreneurship, to create an equal competitive environment and to guarantee the rights of consumers, and to curb the hidden economy. improvement of administration based on
encouraging active participation is highlighted. At the same time, the fields were studied, foreign experience, scientific-practical conclusions and proposals were formed on its application in our country.

06/30/2024
  • PDF (Uzbek)
134-141 161 91
THE IMPACT OF PILGRIMAGE TOURISM ON THE ECONOMY OF UZBEKISTAN: KEY INDICATORS AND CURRENT TRENDS
Shokhida Mustayeva

Pilgrimage tourism is one of the promising areas of tourism development in the Republic of Uzbekistan. The article examines the main indicators and trends in the development of pilgrimage tourism in Uzbekistan, as well as its socio-economic consequences. The purpose of the study is to identify the role of pilgrimage tourism in the economy of the Republic of Uzbekistan, to determine the main indicators and trends in the development of this area of tourism. The ideas of the study are that pilgrimage tourism has significant potential for the development of the economy of Uzbekistan, creating jobs and improving the standard of living of the population.


The research contributes to the development of theoretical knowledge about pilgrimage tourism in Uzbekistan. The practical significance of the study lies in the fact that its results can be used to develop strategies for the development of pilgrimage tourism in Uzbekistan, as well as to improve the efficiency of management of this tourism area.
The methodological basis of the research is the economic and sociological approaches. The research uses methods such as statistical data analysis, including correlation and regression analysis; analysis of official legal documents and scientific literature, generalization, forecasting.
As a result of the study, the following main results were obtained. In 2022, about 313.9 thousand pilgrims visited the country, which is about 6% of the total number of international tourists. Revenues from pilgrimage tourism in 2022 amounted to 125.6 million dollars, which is about 1.52% of the GDP of the Republic of Uzbekistan. According to the forecast for 2023, the incoming tourist flow to the Republic of Uzbekistan will grow to 7 million people, the number of pilgrim tourists will amount to 420 thousand people. Then the income from pilgrimage tourism in 2023 It will amount to $168 million, and the total revenue from tourism will amount to $ 2.8 billion. Using correlation analysis, a direct noticeable correlation was revealed between employment in the tourism sector and income from tourism. Pilgrimage tourism is one of the promising areas of tourism development in Uzbekistan. The results of the study contribute to the development of theoretical knowledge about pilgrimage tourism in Uzbekistan. The results of the study can be used to develop strategies for the development of pilgrimage tourism in Uzbekistan, as well as to improve the efficiency of management of this area of tourism. In particular, the study can be used to improve the regulatory framework governing activities in the field of pilgrimage tourism; development of infrastructure for pilgrimage tourism; promotion of pilgrimage tourism in foreign markets.

05/31/2024
  • PDF (Russian)
560-569 534 151
CURRENT STATE OF THE USE OF DIGITAL PLATFORMS IN THE DEVELOPMENT OF BUSINESS EXPORT
Dilshod Mamasoatov

The article economically analyzes the current state of the use of digital platforms in the development of business exports, and makes proposals for the creation of a unified database of information on the volumes and types of products produced by business entities, as well as for the development of financing. mechanisms for promising projects in the field of entrepreneurship and innovation.

05/31/2024
  • PDF (Uzbek)
166-174 167 86
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