“Ilm-zakovatimiz – senga, ona-Vatan!” mavzusidagi Respublika onlayn ilmiy-amaliy anjumani materillari

“Ilm-zakovatimiz – senga, ona-Vatan!” mavzusidagi Respublika onlayn
ilmiy-amaliy anjumani materillari 
34 
- limiting credit limits from abroad, in connection with which the revision of the issues 
of assimilation of investments included in the program; 
- the work performed by contractors is indicated in the documents as very expensive, 
the allocated funds do not cover these costs, as a result of which the funds for the work are 
not used, etc. 
In our opinion, ensuring the proportional development of the real and financial sectors 
in solving these problems and further strengthening the role of state monetary policy in these 
remains one of the urgent tasks at the present stage of economic reforms. We believe that 
the study of the problem and the conclusions drawn, as well as the following proposals, will 
partially solve these problems: 
- expanding the use of funds accumulated in the financial system for financing real 
sector enterprises and creating a basis for their sustainable development; 
- an increase in the volume of banking services provided to enterprises in the real 
sector, in particular, an increase in the share of lending; 
- pursuing a tight monetary policy with the widespread use of appropriate market 
instruments of monetary policy, taking into account changes in the domestic and foreign 
financial markets; 
- improvement of the system of non-cash payments with the widespread use of 
advanced information and communication technologies, improving the quality and 
expanding the range of banking services; 
- further strengthening the role of banks in economic development, expanding their 
participation in investment processes; 
- achieving high ratings and regular updating of the leading international rating 
agencies by the country's commercial banks; 
- ensuring the implementation of the tasks set for the banking system to further improve 
the investment climate and business environment. Here: 
- further strengthening of competition in the banking services market, further 
improvement of the quality of services provided to business entities and the population, 
simplification of credit processes and expansion of remote services; 
- widespread introduction of modern information and communication technologies in 
the real and financial sectors of the economy, further improvement of the "electronic 
government" system; 
- further improvement of banking supervision based on international standards and 
norms; 
- ensuring the ratio of the terms of deposits and the profitability of the bank's assets 
when attracting deposits and further strengthening the guarantees of their timely return; 
- ensuring the implementation of the tasks set for the banking system to further improve 
the investment climate and business environment, etc. 
In our opinion, in order to further develop the banking system, strengthen the resource 
base of commercial banks and ensure a balance between the real and financial sectors of the 
economy, it is desirable to continue using a tight and effective monetary policy to further 
expand lending of the economy.