STAGES OF DEVELOPMENT OF THE BANKING AND FINANCIAL SECTOR IN UZBEKISTAN

STAGES OF DEVELOPMENT OF THE BANKING AND FINANCIAL SECTOR IN UZBEKISTAN

Authors

  • Ulugbek Rustambekovich Nizamov Jacksonville University MBA in accounting and finance MSABA 2nd year student

Keywords:

banking, finance, economy, digitalization, monopoly, reform, direction, stage, development.

Abstract

This article is about the development of the banking and financial sector in our country, about the strengthening of competition in the services market by private banks as one of the most important stages in the development of the country's banking system, about the fact that de-monopoly of the banking sector is one of the most important directions of banking reforms, today's digitization It is said that as a result of significant changes in the field of economy, we can observe changes in the economy, finance and banking.

References

Decree of the President of the Republic of Uzbekistan dated May 12, 2020 PF-5992 "On the strategy of reforming the banking system of the Republic of Uzbekistan for 2020-2025". https://www. lex.uz

"Digital Uzbekistan - 2030" strategy according to the Decree of the President of the Republic of Uzbekistan No. PF-6079 of October 5, 2020

Draft decision of the President of the Republic of Uzbekistan on the concept of social and economic complex development of the Republic of Uzbekistan until 2030. https://regulation. gov. en/en/document/9413.

Vahobov A.V., Malikov T.S. "Finance" Textbook.-T.: "Sharq" publishing house, 2010.

Abdullayev O.M., Fattakhov A.A., K. Akhmedov "Digital economy", Tashkent, 2018.

Sh. Mirziyoyev. No. PQ-4611 "On additional measures for the transition to international standards of financial statements" 02.24.2020

N.Sh. Khajimuratov. Methodological foundations of financial reporting according to international standards of financial reporting. Journal of practical service science.

Khudaiberdiyeva, Nilufar Mengqobilovna. "Improvement of accounting and reporting in budget organizations based on international standards" Oriental renaissance: Innovative, educational, natural and social sciences, vol. 2, no. 2, 2022, pp. 913-925.

Muzrapova Shahnoza Saidullayevna. "Financial reporting based on international standards of financial reporting

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Published

2024-03-01

How to Cite

Ulugbek Rustambekovich Nizamov. (2024). STAGES OF DEVELOPMENT OF THE BANKING AND FINANCIAL SECTOR IN UZBEKISTAN. IMRAS, 7(3), 213–217. Retrieved from https://journal.imras.org/index.php/sps/article/view/1170

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