Economic, Spiritual and Cultural Development of Uzbekistan in the Years of Independence

Abstract

This article shows the goals and objectives, relevance, innovations in the work, and methods of implementation. In 1996, the government of Uzbekistan embarked on a policy of increasing state intervention in the economy and implementing an import substitution policy. The results are deplorable. However, since 2017, the country has embarked on drastic reforms. A lot has been done in that time, but there are even more changes to come. The publication describes the achievements, implementation challenges and prospects for reforms. Emphasis is placed on foreign economic activity, the banking sector, the tax system, legal regulation of business, the agricultural sector, and administrative reform.