THE ROLE OF THE CREDIT SYSTEM IN THE ECONOMY

Authors

  • Djumaev Panji Khurramovich “Head of the Credit Department” of the Kashkadarya Regional Branch Bank of the Republic of Uzbekistan
  • Ruziev Zafar Ikramovich Associate Professor of the Engineering and Economics Institute

DOI:

https://doi.org/10.17605/OSF.IO/Q28GE

Keywords:

credit system, credit relations, economic growth, credit stabilization, banking services.

Abstract

One of the important components of the development of the country's economy is the increase in consumption by the population. The credit institution is the center for ensuring the solvency of different segments of the population. In addition, the growth of entrepreneurship in the country, the development of the industrial sector and nanotechnological production is also ensured by improving and strengthening production capacities, purchasing the latest equipment, creating new jobs for free qualified employees, which is ensured by attracting borrowed funds, i.e. through lending to legal entities and individuals.

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Published

2023-02-13

How to Cite

Djumaev Panji Khurramovich, & Ruziev Zafar Ikramovich. (2023). THE ROLE OF THE CREDIT SYSTEM IN THE ECONOMY. Web of Scientist: International Scientific Research Journal, 4(2), 253–258. https://doi.org/10.17605/OSF.IO/Q28GE

Issue

Vol. 4 No. 2 (2023): wos

Section

Articles