This article presents a comprehensive analysis of the state and structure of the government securities market in the Republic of Uzbekistan during the period 2018–2024, focusing on demand and placement trends. Government bonds are considered a key element of the financial system and play an important role in mobilizing both domestic and foreign investment resources. Particular attention is given to identifying institutional and structural constraints hindering the full development of this financial market segment. These include the limited range of available debt instruments, low liquidity in the secondary market, a predominance of short-term bonds, and the absence of flexible instruments such as floating-rate bonds. The study argues that the establishment of a fully functional, multi-level infrastructure for the circulation of government bonds requires the introduction of innovative instruments, including indexed, "green," and social bonds, which could enhance the sustainability of budget financing and strengthen the investment climate. It concludes that the development of the government bond market is of strategic importance for ensuring budgetary stability and increasing the transparency of public debt policy.
| Mualliflar | Rejabbayev , Sarvar, Karimova , Dilorom, Режаббаев , Сарвар, Каримова , Дилором, Rejabbayev , Sarvar, Karimova , Dilorom |
|---|---|
| Jurnal | Илғор иқтисодиёт ва педагогик технологиялар |
| Nashr sanasi | 2025-05-30 |
| Jild | 2 |
| Son | 3 |
| Betlar | 155-163 |
| Til | Rus |
| DOI | 10.60078/3060-4842-2025-vol2-iss3-pp155-163 |
DOI: 10.60078/3060-4842-2025-vol2-iss3-pp155-163 · Maqolaning asl sahifasi
government securities, investment attractiveness, Uzbekistan, floating-rate bonds, long-term investments, fiscal policy, green bonds, государственные ценные бумаги, инвестиционная привлекательность, Узбекистан, облигации с плавающей ставкой, долгосрочные инвестиции, фискальная политика, зеленые облигации, davlat qimmatli qog‘ozlari, investitsion jozibadorlik, O‘zbekiston, o‘zgaruvchan foizli obligatsiyalar, uzoq muddatli investitsiyalar, fiskal siyosat, “yashil” obligatsiyalar
This article analyzes the effectiveness of the Tourism Support Fund in Uzbekistan, evaluating its impact on economic growth and income inequality. Using official data from 2017 to 2023, the study applies regression…
The article analyzes the progress of the Triple Helix innovative model, the reasons and conditions for its change. The original model considered the interaction of the state, business structures and the scientific…
This article presents a comparative analysis of innovative mechanisms for railway transport development in developed and developing countries. It highlights differences in goals, tools, and institutional contexts of…
The country is gradually implementing comprehensive measures to develop tourism as one of the strategic sectors that will diversify the national economy, accelerate the development of regions, create new jobs, increase…
The article examines modern strategic approaches to improving the quality of the educational process in higher education institutions, focused on the integration of science and education, adaptation to the challenges of…
This article analyzes the impact of infrastructure on economic growth and explores the possibilities of increasing efficiency through standardization. Infrastructure has a significant impact on the economic development…
The article studies the theoretical, methodological and legal aspects of accounting for employee obligations. Based on the conducted research, it is proposed to improve the calculation of employee obligations.
This study studies the methodological foundations of development of services provided in museums and cultural heritage sites and their integration with the tourism sector. The main focus is on the effective use of…
This article provides a scientific analysis of the opportunities for the development of domestic tourism in the regions of the Republic of Uzbekistan, available resources, and mechanisms to enhance regional economic and…
This article presents methods for assessing the state of regional economic development and outlines priority directions. The state of economic development in the regions of Uzbekistan is analyzed using dynamic and trend…
Илғор иқтисодиёт ва педагогик технологиялар — barcha maqolalar