THE IMPORTANCE OF THE FINANCIAL MARKET IN THE DEVELOPMENT OF THE ECONOMY OF UZBEKISTAN

Abstract

If we pay attention to the indicators of the economic development of the countries of the world, we can see that in most countries the role of the financial sector is greater than the real sector. Therefore, in Uzbekistan, the use of securities in the development of the stock market and financing of joint-stock companies is one of the important aspects of the economic development of our country. For this reason, the Honorable President stated that "developing a financial market development strategy in 2020-2025 and bringing the ratio of total securities in free circulation to the gross domestic product to at least 10-15% by the end of 2025 is the main issue".