ECONOMIC MODERNIZATION REFORMS IN UZBEKISTAN

Abstract

The article is devoted to the consideration of the ongoing reforms to modernize the economy in the Republic of Uzbekistan, which are aimed at strengthening macroeconomic stability and maintaining high rates of economic growth. In addition, the article presents the ongoing fundamental changes in the banking and financial sector of the country, namely, the implemented measures to deepen the reform and ensure the stability of the banking system by increasing the authorized capital of commercial banks and increasing the availability of banking services.