The level of business development assessed in the regions of U | Review.uz/en - Economic Review
The level of business development assessed in the regions of Uzbekistan
The level of business development in all regions of Uzbekistan for 2020 was studied through the online information system "BUSINESS INDICATOR"
The executive officer of the Presidential Administration under the Republic of Uzbekistan Dilshod Abduazizov spoke about the rating assessment of entrepreneurship development level in the regions during 2020.
The full version of the article will be published in the 5th issue of the journal "Economic Review".
Results of Research
As a result of the measures taken to develop entrepreneurship, for example provided benefits for taxes, loans and utility bills, a moratorium on inspections of business entities, expansion of financial support, positive trends were revealed in the following areas in 2020:
The number of damage cases to real estate owned by entrepreneurs decreased 13 times (96 cases, in 2019 - 1260).
The amount of compensation for interest payments on loans to entrepreneurs increased 3 times (2.8 trillion soums, in 2019 - 855 billion soums).
The analysis showed an increase in the number of entrepreneurs in continuous activities over the past three years, their number increased by 32.5% and amounted to 26% of the total number of entrepreneurs (in 2019 - 21%).
Business development during the coronavirus pandemic
More than 25 thousand entrepreneurs in 2020 noted an improvement in the quality of banking services, infrastructure and business confidence in government agencies compared to 2019.
The compulsory debt of entrepreneurs to the state increased by 3.4 times (690 billion soums, in 2019 - 206 billion soums).
The amount of overdue loans to entrepreneurs increased by 63% (4.8 trillion soums, in 2019 - 3.0 trillion soums).
The analysis revealed a decrease in the level of effective use of vacant land from 72% to 37%.
Based on the results of the study, a rating of cities in regions and districts of the republic was compiled.
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