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Analysis of the Development of the Energy Sector in Uzbekistan and the Impact of Investment Factors on It

Otaboyev AxmedResearcher student, Faculty of Economics, Tashkent state university of Economics, 49 Islam Karimov Avenue, Tashkent, 100066, UzbekistanNuriddin AvazovTashkent State University of Economics
2021en
ABI

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The energy sector is the most important sector for the economies of countries around the world. This sector also has a significant impact on the stability of the national economy. A large part of the national income of countries is formed in this sector. The investment factor is very important for this sector. In the Uzbekistan’s economy, the energy sector is also a factor that has a positive impact on macroeconomic stability. Therefore, increasing the attractiveness of investment in this sector is the most pressing issue today. Therefore, this article analyzes the current state of development of the energy sector in Uzbekistan and the investment factor affecting it. The investment projects being implemented in the country today are considered. This study is aimed at the development of the energy sector in Uzbekistan for 2017-2020. Based on the analysis, scientific conclusions were drawn. Scientific proposals have been developed to develop the energy sector and increase its investment attractiveness.

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