THE IMPORTANCE AND NECESSITY OF DIGITAL FINANCIAL INSTRUMENTS FOR UZBEKISTAN TO BECOME ONE OF THE DEVELOPED COUNTRIES

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Nazarova Umida Mamadali kizi

Abstract

 This scientific article provides an in-depth analysis of digital transformation processes in Uzbekistan’s economy. It highlights the main directions of digital technology implementation, statistical indicators for the period 2019–2024, the growth of e-government systems, fintech, and electronic payment services, as well as their impact on the national economy. The research, based on state policy, international experience, and national reforms, presents a scientific analysis that demonstrates the role of digital transformation in the country’s sustainable development.

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How to Cite

THE IMPORTANCE AND NECESSITY OF DIGITAL FINANCIAL INSTRUMENTS FOR UZBEKISTAN TO BECOME ONE OF THE DEVELOPED COUNTRIES. (2025). Journal of Multidisciplinary Sciences and Innovations, 4(9), 1503-1508. https://doi.org/10.55640/

References

1.Presidential Decree of the Republic of Uzbekistan No. PF–6079 “On Approval of the Digital Uzbekistan – 2030 Strategy” (October 5, 2020).

2.Development Strategy of the Republic of Uzbekistan for 2022–2026.

3.World Bank. Digital Economy for Central Asia Report, 2023.

4.UNDP. Digital Transformation and Inclusive Growth in Emerging Economies, 2022.

5.EBRD. Digital Transition Initiative Annual Report, 2023.

6.UNCTAD. Digital Economy Report 2024: Harnessing Data for Development.

7.Castells, M. (2000). The Rise of the Network Society. Oxford: Blackwell.

8.Schwab, K. (2016). The Fourth Industrial Revolution. Geneva: World Economic Forum.

9.IT Park Uzbekistan Annual Reports, 2023–2024.

10.State Committee of the Republic of Uzbekistan on Statistics. Digital Economy Indicators 2019–2024.

11.Central Bank of Uzbekistan. Annual Report on Digital Payment Systems, 2024.

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