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“People possess $10 billion. They keep their savings “under th | Kun.uz English

“People possess $10 billion. They keep their savings “under the mattress” at home” – Sodiq Safoyev

"As in every society, our people also have savings. If we directed them to production, foreign investment would lose its relevance today. According to expert estimates, the population has about $10 billion.

But this money is not spent on production, but on housing or weddings, or simply stored “under the mattress”. But people must use these funds – money has to increase its value. We need to create new jobs and to do that, we need a capital market," Sodiq Safoyev said.

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