CREDIT SUPPORT FOR BUSINESS ENTITIES IN UZBEKISTAN

Credit support for business entities in Uzbekistan plays an important role in diversifying the country's economy, creating new jobs and developing business. This article provides information on the current state of lending to small and medium-sized businesses in Uzbekistan, existing problems and ways to solve them. For the effective functioning of the business lending system, it is necessary to strengthen cooperation between the state and banks, simplify the loan application process and improve the provision of affordable loans. The article also discusses the impact of high interest rates on entrepreneurs and innovative areas of lending. The importance of financial support for entrepreneurship and its role in economic growth are highlighted. Keywords: entrepreneurship, lending, small and medium-sized businesses, financial support, banks, interest rates, innovative loans, state programs, economic development, business development.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-12-20
DOI
https://doi.org/10.5281/zenodo.14535761
Primary Topic
Economic and Industrial Development
Type
article
Field-Weighted Citation Impact
0.00
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article

CREDIT SUPPORT FOR BUSINESS ENTITIES IN UZBEKISTAN

Zenodo (CERN European Organization for Nuclear Research)
Economic and Industrial Development
article

CREDIT SUPPORT FOR BUSINESS ENTITIES IN UZBEKISTAN

article en

Abstract

Credit support for business entities in Uzbekistan plays an important role in diversifying the country's economy, creating new jobs and developing business. This article provides information on the current state of lending to small and medium-sized businesses in Uzbekistan, existing problems and ways to solve them. For the effective functioning of the business lending system, it is necessary to strengthen cooperation between the state and banks, simplify the loan application process and improve the provision of affordable loans. The article also discusses the impact of high interest rates on entrepreneurs and innovative areas of lending. The importance of financial support for entrepreneurship and its role in economic growth are highlighted. Keywords: entrepreneurship, lending, small and medium-sized businesses, financial support, banks, interest rates, innovative loans, state programs, economic development, business development.

Zenodo (CERN European Organization for Nuclear Research)
Decent work and economic growth
Openalex Percentile: Top 58%
Economic and Industrial Development
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