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Major Inflationary Factors In The Economy Of Uzbekistan And Anti-Inflation Policies

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  • Koshanov Abdimurat Azat uli
  • Oralbaeva Diana Mukhit qizi

Abstract

This article analyzes the dynamics of inflation in the Uzbek economy in 2019–2024, the main external andinternal factors influencing its formation, and strategies for reducing inflation. The study used open data from internationaland national institutions, such as the Central Bank of the Republic of Uzbekistan, the State Statistics Committee, the WorldBank, and the International Monetary Fund. Based on statistical data, the interrelationships between annual changes ininflation, energy prices, shifts in the global food market, the national exchange rate, and monetary policy were examined.The results showed that the persistence of high inflation in Uzbekistan is explained, on the one hand, by external priceshocks and high dependence on imports, and, on the other hand, by insufficiently developed market infrastructure, weakcompetition, and administrative changes in some tariffs. The article concludes with a comprehensive strategy, consistingof a set of monetary, fiscal, and structural reforms, to bring inflation closer to a sustainable 5 percent target level

Suggested Citation

  • Koshanov Abdimurat Azat uli & Oralbaeva Diana Mukhit qizi, 2025. "Major Inflationary Factors In The Economy Of Uzbekistan And Anti-Inflation Policies," GREEN ECONOMY AND DEVELOPMENT, "Ma'rifat-Print-Media" LLC, Tashkent State University of Economics, vol. 3(12), December.
    • Handle: RePEc:teu:ged000:v:3:y:2025:i:12:id:8361
    DOI: 10.5281/zenodo.18009538
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