DEVELOPMENT WAYS OF STOCK MARKET IN UZBEKISTAN (IN THE CASE OF “TASHKENT” REPUBLICAN STOCK EXCHANGE)
European Journal of Molecular & Clinical Medicine,
2020, Volume 7, Issue 2, Pages 960-966
AbstractThis article examines the specifics, legal framework and current trends of the securities market in the Republic of Uzbekistan. The purpose of the study is to study the activities of the securities market in Uzbekistan on the example of the Tashkent Stock Exchange. As a result of the study, the following recommendations were made:
- The issuance of securities allows enterprises to implement large financial investment projects. For this reason, it is advisable to increase the number of joint stock companies in the regions of the country. An increase in the number of joint-stock companies will allow modernizing the production or service process.
“Today, the main part of joint-stock companies operating in the country are agricultural entities, and the number of joint-stock companies in industries producing value-added products is relatively small. In order to modernize the country and develop innovative activities, it is necessary to encourage the state to increase the number of joint-stock companies producing high value-added products. Such incentives will allow the development of an innovative economy, along with the efficient functioning of the stock market.
- In the stock market "Tashkent" there is an opportunity to develop e-commerce through the introduction of digital technologies.
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