THE BALANCE OF PAYMENTS IN THE SYSTEM OF STATE REGULATION OF THE ECONOMY IN THE REPUBLIC OF UZBEKISTAN
DOI:
https://doi.org/10.55439/EIT/vol12_iss4/i7Keywords:
exports and imports of goods and services, current account balance, foreign trade turnover, cross-border money transfers, net foreign direct investment, gross international reserves, export diversification.Abstract
The article summarizes the scientific and theoretical views of economists on the essence of the balance of payments and its importance in the system of state regulation, attempts to analyze the current state of the balance of payments of Uzbekistan, identify problems of its formation. It is concluded that it is necessary to develop and implement measures aimed at diversifying exports through the development of new export industries, actively developing exports of high-value-added products, increasing export competitiveness, improving the investment climate, developing infrastructure, logistics and related services, which will allow Uzbekistan to reduce the trade deficit, increase gross international reserves and ensure sustainable development. economic development.
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