THE ROLE OF BANKS IN PROMOTING EMPLOYMENT IS TO IMPROVE FINANCING FOR ENTREPRENEURIAL ACTIVITIES AND FUTURE PLANS

Authors

  • Batirov Farkhad Author

Keywords:

Banks, microfinance organizations, loans, small and mediumsized businesses, family entrepreneurship programs, taxes, mahallas, current legislation

Abstract

 The article explores the role of commercial banks in fostering entrepreneurship through lending practices, examines the factors that enhance the well-being of the population as a result of economic growth. The main driver of improving well-being is stable economic growth. The current state is evaluated and recommendations are provided for the development of this area. 

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Author Biography

  • Batirov Farkhad

     Independent researcher of the Tashkent state university of economics 

References

Decree of the President of the Republic of Uzbekistan “On measure to implement the tasks defined in the fourth open dialogue of the President of the Republic of Uzbekistan with entrepreneurs” №DP-132, dated August 30,2024;

Resolution of the President of the Republic of Uzbekistan “On measures of financial and institutional support for the development of small businesses” №RP- 306, dated September 09,2023;

Resolution of the President of the Republic of Uzbekistan “On measures of financial and institutional support for the development of small businesses” №RP- 364, dated August 30,2022;

Decree of the President of the Republic of Uzbekistan “On the development strategy of New Uzbekistan for 2022-2026” № DP-60, dated January 28,2022;

Resolution of the President of the Republic of Uzbekistan “On additional measures for the development of family entrepreneurship and the expansion of the population`s source of income” №RP-55, dated December 12,2021;

https://president.uz – Official web-site of the President of the Republic of Uzbekistan;

https://daryo.uz/en/2023/12/26 small-businesses-contribute-50-to-uzbekistansgdp

https://cbu.uz - The Central bank of the Republic of Uzbekistan;

https://lex.uz – National database of legislation of the Republic of Uzbekistan;

https://gov.uz - The Government portal of the Republic of Uzbekistan;

https://uza.uz – National news agency of Uzbekistan

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Published

2024-12-25

Issue

Section

Economics

How to Cite

THE ROLE OF BANKS IN PROMOTING EMPLOYMENT IS TO IMPROVE FINANCING FOR ENTREPRENEURIAL ACTIVITIES AND FUTURE PLANS. (2024). Innovations in Science and Technologies, 1(8). https://innoist.uz/index.php/ist/article/view/545

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