Controlling inflation in Uzbekistan: the role of monetary and fiscal policy

Bahodirov Jahongir, Omonova Navruzoy

Innovation science and technologiy · 2025-yil

Annotatsiya

This article examines the role of monetary and fiscal policy in controlling inflation in the Republic of Uzbekistanduring its transition to a market-based economy. Following a series of economic reforms, Uzbekistan has faced persistentinflationary pressures driven by currency liberalization, energy price adjustments, global shocks, and structural supplyconstraints. The Central Bank of Uzbekistan has adopted inflation targeting and interest rate policies to stabilize prices,while the government has used fiscal tools such as subsidies, taxation, and public spending to influence aggregatedemand. By analyzing recent policy developments and inflation trends, the study assesses the effectiveness of currentmacroeconomic strategies in mitigating inflation. The article concludes with recommendations for enhancing coordinationbetween fiscal and monetary authorities and strengthening institutional frameworks to ensure long-term price stability.The findings contribute to a broader understanding of inflation control in emerging and reforming economies.

Maqola ma’lumotlari
MualliflarBahodirov Jahongir, Omonova Navruzoy
JurnalInnovation science and technologiy
NashriyotТошкент давлат иқтисодиёт университети
Nashr sanasi2025-06-25
Jild1
Son6
Betlar97-101
TilIngliz
Ilmiy sohaIqtisodiyot
DOI10.5281/zenodo.17446651
Indeksga qo‘shilgan2026-08-26

DOI: 10.5281/zenodo.17446651 · Maqolaning asl sahifasi

Kalit so‘zlar

Inflation, Uzbekistan, monetary policy, fiscal policy, inflation targeting, price stability, Central Bank of Uzbekistan, macroeconomic policy, economic reform, exchange rate policy, public finance, aggregate demand.

Ilmiy soha

Iqtisodiyot

Iqtibos keltirish

APABahodirov Jahongir, & Omonova Navruzoy (2025). CONTROLLING INFLATION IN UZBEKISTAN: THE ROLE OF MONETARY AND FISCAL POLICY. Innovation science and technologiy, 1(6), 97-101. https://doi.org/10.5281/zenodo.17446651
GOST (OAK)Bahodirov Jahongir, Omonova Navruzoy CONTROLLING INFLATION IN UZBEKISTAN: THE ROLE OF MONETARY AND FISCAL POLICY // Innovation science and technologiy. – 2025. – T. 1, № 6. – P. 97-101. – DOI: 10.5281/zenodo.17446651.
MLABahodirov Jahongir, and Omonova Navruzoy. “CONTROLLING INFLATION IN UZBEKISTAN: THE ROLE OF MONETARY AND FISCAL POLICY.” Innovation science and technologiy, 1(6), 97-101, 2025. https://doi.org/10.5281/zenodo.17446651
ChicagoBahodirov Jahongir, and Omonova Navruzoy. “CONTROLLING INFLATION IN UZBEKISTAN: THE ROLE OF MONETARY AND FISCAL POLICY.” Innovation science and technologiy, 1(6), 97-101 (2025). https://doi.org/10.5281/zenodo.17446651
HarvardBahodirov Jahongir, and Omonova Navruzoy (2025) ‘CONTROLLING INFLATION IN UZBEKISTAN: THE ROLE OF MONETARY AND FISCAL POLICY’, Innovation science and technologiy, 1(6), 97-101. https://doi.org/10.5281/zenodo.17446651
BibTeX
@article{bahodirovjahongir2025,
  title = {CONTROLLING INFLATION IN UZBEKISTAN: THE ROLE OF MONETARY AND FISCAL POLICY},
  author = {Bahodirov Jahongir and Omonova Navruzoy},
  journal = {Innovation science and technologiy},
  year = {2025},
  volume = {1},
  number = {6},
  pages = {97-101},
  doi = {10.5281/zenodo.17446651},
  url = {https://doi.org/10.5281/zenodo.17446651}
}

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