ADVANCING PUBLIC INVESTMENT POLICY IN THE AGRICULTURAL SECTOR OF THE NATIONAL ECONOMY

Agricultural public investment is a pivotal instrument for governments worldwide to spur economic growth, ensure food security, and alleviate rural poverty. This paper critically synthesizes existing literature on public investment policy in the agricultural sector, examining its historical evolution, current policy frameworks, inherent challenges, and reform initiatives. While drawing upon global perspectives, the review places a specific focus on Uzbekistan and the broader Eurasian contexts, regions undergoing significant agricultural transformation. It highlights key scholarly debates, trends in government spending, and innovative policy instruments. The paper emphasizes the profound socioeconomic impact of public investment on agricultural productivity, employment, and rural development, offering insights into effective strategies and future research directions for sustainable agricultural development in these crucial regions.