Яшил иқтисодиёт ва тараққиёт Volume 3 Issue 10 (2025)
FISCAL, MONETARY, AND CUSTOMS-TARIFF POLICIES IN ENSURING NATIONAL ECONOMIC STABILITY: EVIDENCE FROM UZBEKISTAN
Maxmudov S.T.
Abstract
This study examines the effectiveness of Uzbekistan’s fiscal, monetary, and customs-tariff policies in ensuringnational economic stability during the period of 2020–2024 amid global uncertainty and structural reforms. The researchevaluates changes in tax revenues, budget deficits, inflation rates, and trade dynamics using descriptive and comparativemethods. The findings reveal that tax base expansion and rate optimization improved fiscal revenues, while monetarypolicy contributed to a decline in inflation from 16% in 2018 to about 10% in 2024. Customs-tariff adjustments helpedstabilize consumer prices and secure food supply. Overall, the integrated policy mix enhanced macroeconomic resilience,although challenges remain regarding social spending, external debt, and exchange rate management.
fiscal policy, monetary policy, customs tariffs, economic stability, Uzbekistan, inflation, tax reform.
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