|
«Zamonaviy dunyoda ilm-fan va texnologiya»Bog'liq 15728 1 812528DE1D15DA0B4954643B707DF025B3ED4DF68
«Zamonaviy dunyoda ilm-fan va texnologiya»
nomli ilmiy-amaliy konferensiya
Capital Market of the Republic of Uzbekistan " Agency for the development of the
capital market , On August 5, 2019, by the Decree of the President of the
Republic of Uzbekistan “On measures to reform and ensure the accelerated
development of the insurance market of the Republic of Uzbekistan”, the
Insurance Market Development Agency under the Ministry of Finance of the
Republic of Uzbekistan was established on the basis of the State Insurance
Supervision Inspectorate under the Ministry of Finance of the Republic of
Uzbekistan.
In addition, the resolution of the Cabinet of Ministers of the Republic of
Uzbekistan “On approval of the Regulations on the Capital Market Development
Agency of the Republic of Uzbekistan and the Capital Market Development
Assistance Fund under the Capital Market Development Agency of the Republic
of Uzbekistan” dated August 7, 2019 also provides for the development of
financial markets in our country.
However, as the President of our country noted at a meeting dedicated to the
development of the stock market on October 7, 2019, the total value of shares on
the stock market is 25 trillion soums, which is 6 percent of our gross domestic
product. For comparison, in Singapore this figure is 188, in Malaysia-112, in
Russia-34 percent. In addition, the total number of professional stock market
participants is less than 100 people. This indicates that there is still a lot of work
to be done in our country to develop the financial market. In this regard, our
country plans to develop a stock market development strategy for 2020-2025,
which provides for bringing the ratio of the total value of freely traded securities
to GDP to at least 10-15 percent by the end of 2025
.
References:
1.Based on World Bank data:
https://www.worldbank.org/en/publication/gfdr/gfdr-
2016/background/financial-development
2.Data of the official website of the Statistical Committee of the Republic of
Uzbekistan:
https://stat.uz/uz/press-sluzhba/novosti-gks/8290-asosiy-kapitalga-
investitsiyalar-12-19
3.Official website of the president of the Republic of Uzbekistan:
https://president.uz/uz/2703
|
| |
