Republic of Uzbekistan: Problems and Development Prospects in the Financial-Credit System

Authors

  • Olimov Abror Akhadjon ogli Lecturer, Department of Business Administration, International School of Finance Technology and Science

Keywords:

financial-credit system, problems, prospects

Abstract

The financial-credit system of the Republic of Uzbekistan currently plays a critical role in the country's economic development. However, several challenges in this system hinder economic stability and the efficient functioning of financial markets. This article analyzes existing issues within Uzbekistan’s financial-credit system and explores key areas and future prospects for resolving them. Major topics include economic crises, difficulties in ensuring financial stability, and barriers to credit system development. In addition, the article proposes priority directions such as improving financial infrastructure, introducing innovative financial products, and reforms in the banking system.

References

1. Khamidov, R. (2020). The Financial System of Uzbekistan and Its Development Prospects. Tashkent: Uzbekistan Economics Publishing.

2. Shamsutdinov, A. (2019). Innovative Approaches in the Financial-Credit System. Tashkent: Ilm-Ziyo Publishing.

3. Akhmedov, S. (2021). Reform of the Banking System and Its Role in the Economy. Tashkent: New Generation Publishing.

4. Jumaniyazov, M. (2022). Financial Inclusion in Uzbekistan. Tashkent: Uzbekistan Economics Publishing.

5. Nurmukhamedov, T. (2020). Financial and Banking System: Problems and Prospects. Tashkent: Akademiya.

6. Bashirov, A. (2018). Digital Transformation in the Financial-Credit System. Tashkent: Uzbek University Press.

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Published

2025-04-08

How to Cite

ogli, O. A. A. (2025). Republic of Uzbekistan: Problems and Development Prospects in the Financial-Credit System. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 5(4), 59–61. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/5448

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