Open AccessSmall Business And Entrepreneurship Financing System In Uzbekistan: Historical Analysis And Approaches
Author(s) -
Fayzulla Tolipov
Publication year - 2021
Publication title -
the american journal of social science and education innovations
Language(s) - English
Resource type - Journals
ISSN - 2689-100X
DOI - 10.37547/tajssei/volume03issue04-61
Subject(s) - entrepreneurship , independence (probability theory) , business , small business , finance , business development , investment (military) , point (geometry) , marketing , politics , political science , statistics , geometry , mathematics , law
The article describes the specifics of the system of financing of small business and entrepreneurship in the recent history of Uzbekistan, the funds allocated for small business and entrepreneurship, the activities of commercial banks and the financial and banking system, some problems in the field. It also noted that since the early days of independence, a unique business environment has been created in the country to support the interests of entrepreneurs in the framework of development programs in this area, data on the role of financial mechanisms in the further development of small business and entrepreneurship in the country have been studied from a historical point of view. The article highlights the positive situation in the country's macro and microeconomic indicators, ie the active participation of banks in attracting local entrepreneurs and foreign investment, the existing problems in this area and the measures taken to address them. It analyzes the important factors and strategies of banks' participation in the development of business and entrepreneurship.