THE FUTURE OF SMALL BUSINESSES AT UZBEKISTAN: EXPECTATIONS AND TRENDS OF DEVELOPMENT
Keywords:
Small business development, entrepreneurship, economic reforms, SMEs, Uzbekistan economy, business climate, innovation, government support, economic diversificationAbstract
Small businesses are playing an increasingly important role in Uzbekistan’s economic development, contributing significantly to employment, innovation, and overall economic growth. In recent years, comprehensive economic reforms aimed at liberalization, private sector support, and integration into global markets have created new opportunities for small and mediumsized enterprises. Against this background, the future development of small businesses in Uzbekistan has become a particularly relevant subject of analysis. This article examines the key trends and expectations shaping the small business sector in Uzbekistan, with a focus on
government support measures, access to finance, regulatory reforms, digitalization, and integration into international markets. The study highlights how targeted state policies, improved legal frameworks, and growing involvement of international financial institutions are influencing entrepreneurial activity and business sustainability.
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