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“
THE ROLE OF FOREIGN INVESTMENTING IN THE DEVELOPMENT OF OUR
ECONOMY”.
Bakhtiyor Xolmatov
candidate of economic sciences,dosts.
Sherzodbek Hasanov
student of FSU, economy and servic faculty.
Annotation:
Taking into account the best practices of foreign countries in
accelerating the process of modernization of the economy, increase the investment rate in
the country to 30-35%, accelerate the process of renewal of fixed assets and reduce their
average service life in terms of forming an innovative economy achievements.
.
This Article
will shed light on how the economic growth of Uzbekistan with a graph, and also highlight
what the World bank, International monetary fund and other organizations predicted about
the indicator of GDP of Uzbekistan.
Key words:
economy, investment, modernization, economic growth, direct investment,
investment projects,
GDP per capital
.
Sufficient investment is a necessary condition for the rapid development of the
country's economy and the effective and sustainable development of enterprises that are part
of industry, the largest and leading branch of material production. An important task of
economic policy is to create favorable conditions for increasing the level of investment in
enterprises.
Achieving economic growth, improving the living standards of the population and
increasing competitiveness in all sectors of the economy depends, first of all, on attracting
foreign investment in the development of the country's economy, modernization of
production, technical and technological re-equipment. Modernization, technical and
technological re-equipment of production is the basis for the rational use of all types of
economic resources used in the production of goods in the country.Broadly speaking,
investment (capital) - means the transfer of funds for a certain period of time to business and
other activities (objects) for profit or profit. It should be noted that at the current stage of
development of the world community, no country can achieve socio-economic development
without investment. Countries that have not been able to attract investment resources to the
national economy in a timely manner and are experiencing cash shortages are likely to lag
behind in socio-economic terms. In this case, one of the best solutions is to attract capital
resources from developed countries with surplus funds to the economies of developing
countries.
In today's world economy, where globalization is deepening and the foundations of an
open economy are being formed in the country, effective investment policy, increasing
exports through the radical modernization of production facilities and the introduction of
competitive goods and services on the world market, expanding the flow of investment into
the national economy. One of the most important factors in achieving this goal is the
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