Effective use of investment in agriculture of the republic of Uzbekistan

Abstract

The article examines the reforms in the agricultural sector of the Republic of Uzbekistan and the distribution of investments in the sector, conducted an econometric analysis of their effective use, and proposed scientific recommendations for the effective organization of the agricultural economy. A great deal of work has been done in the country in the past period on the use of domestic investment. For this purpose, investment programs are being developed and implemented in the country. In the area of attracting investments in agriculture, the level and condition of agrarian production in the regions is inadequate, and it is difficult to achieve efficiency in direct investment of farms in the micro-district. Nevertheless, the use of investments in agriculture and the allocation of investments have not been studied, which in turn requires research on the subject. Work experience of many farms has proven that in the initial stage of farming, the low level of land plots allocated to them has in many ways hampered the growth of productivity. Consequently, based on the inventory of land plots and critically evaluating the activities of farms, a wide-ranging, yet well thought-out work has been carried out to optimize land parcels. In order to create the necessary conditions for the rapid development of farming enterprises in accordance with the Decree of the President of the Republic of Uzbekistan, in accordance with the Program of transformation of unprofitable, low-profit and unplanned agricultural cooperatives into private farms. An important step forward is the introduction of a livelihood system with high-tech modern equipment. Of course, the scope of the leasing system is not so wide, but obviously, this method of providing technical support to rural workers has a great future.