PRIORITIES FOR FINANCIAL SUPPORT OF STATE INVESTMENT ACTIVITIES AND INVESTMENT POLICY IN UZBEKISTAN

Abstract

This article examines the priorities of financial support for state investment activities and investment policy in Uzbekistan. The governments focus on infrastructure development has been particularly effective in improving the countrys economic performance, with significant investments in transportation, energy, and urban infrastructure. The agricultural sector also plays a vital role in the countrys economy, accounting for approximately 27% of the countrys GDP in 2020. The government has implemented policies to support the sector, including the introduction of modern agricultural technologies and the establishment of agro-industrial parks. The countrys education system has also improved significantly, resulting in a higher literacy rate. Tourism is a growing industry in Uzbekistan, with the governments efforts to promote the countrys rich cultural heritage and historical sites. Continued efforts to attract foreign investment and promote economic growth will be essential in achieving the governments goals of becoming a middle-income country by 2030. KEYWORDS: Uzbekistan, investment policy, infrastructure development, agriculture, education, tourism, economic growth, foreign investment, agro-industrial parks.