PROSPECTS FOR THE DEVELOPMENT OF ENTREPRENEURSHIP IN UZBEKISTAN: FOCUS ON SMALL BUSINESS
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This article explores the current state and future prospects of entrepreneurship development in Uzbekistan, with a specific focus on the small business sector. Drawing on recent statistical data and national development strategies, the study highlights the growing contribution of small enterprises to GDP, employment, investment, and exports. A detailed economic analysis reveals both structural strengths—such as the sector’s high employment absorption and broad sectoral reach—and ongoing challenges, including limited access to finance, regional imbalances, and slow technological modernization. The article also evaluates recent policy reforms and support programs aimed at enhancing the entrepreneurial ecosystem. Based on empirical data and trend analysis, the study concludes that small businesses are set to become a key driver of Uzbekistan’s sustainable and inclusive economic growth.
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