Current Issues of Money Regulation in Uzbekistan

Tulkin I. Bobakulov, Ilkhom M. Alimardonov and Janabay Y. Isakov

Ensuring low and stable growth of money supply is one of the necessary conditions for ensuring the stability of the national currency and prices. Therefore, the growth rate of money supply in many countries around the world, including the Republic of Uzbekistan, is an indicator of monetary policy. At present, the growth rate of money supply in the Republic of Uzbekistan is high and unstable. In 2019, the annual growth rate of money supply (M2) in the country was 13.8% (1). This is a relatively high growth rate, which has a negative impact on the development of the national economy. This necessitates the development of ways to ensure low and stable growth rates of money supply.

Volume 12 | Issue 7

Pages: 280-289

DOI: 10.5373/JARDCS/V12I7/20202010