THE DEVELOPMENT STRATEGY OF NEW UZBEKISTAN, WITH A FOCUS ON MACROECONOMIC STABILITY
Keywords:
development strategy of New Uzbekistan, macroeconomic stability, economic landscape, fiscal discipline, monetary policy, structural reforms, international collaboration, investment, business confidence, living standards, challenges, risks, sustainable growth.Abstract
The paper discusses the key pillars and measures employed within the development strategy to ensure macroeconomic stability. These measures encompass fiscal discipline, monetary policy effectiveness, and structural reforms. The article also examines the role of international collaboration and investment in supporting Uzbekistan's macroeconomic stability and fostering economic growth. Moreover, the article assesses the potential benefits and implications of the development strategy. It highlights the positive impacts of macroeconomic stability, such as enhanced business confidence, increased investment opportunities, and improved living standards for the population. The challenges and potential risks associated with implementing the strategy are also examined.
References
World Bank. (2021). Uzbekistan: Country Snapshot. Retrieved from https://www.worldbank.org/en/country/uzbekistan/overview
President Shavkat Mirziyoyev's Address to the Oliy Majlis on December 29, 2020.
European Bank for Reconstruction and Development. (2020). Uzbekistan: Strategy and Operations. Retrieved from https://www.ebrd.com/work-with-us/projects/psd/uzbekistan.html
AS Kucharov, AB Bobojonov, RS Kholikova. Foreign trade regulations of the Republic of Uzbekistan and priority directions. Economics and Innovative Technologies,. Volume 2021 (6), 4
United Nations Development Programme. (2020). Uzbekistan: Country Profile. Retrieved from https://www.uz.undp.org/content/uzbekistan/en/home/countryinfo.html
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