DEVELOPMENT OF SMALL BUSINESS IN UZBEKISTAN
Keywords:
Uzbekistan, small business, entrepreneurship, reforms, employment, innovation, poverty reduction, business environment, sustainable development.Abstract
This article examines the development of small business in Uzbekistan as a crucial component of the country’s economic transformation and modernization. It explores the institutional reforms, state programs, and statistical trends that shape the entrepreneurial environment. Emphasis is placed on employment creation, poverty reduction, and the role of small businesses in strengthening social stability. The article highlights government initiatives such as digitalization of services, tax incentives, financial support mechanisms, and targeted programs for youth and women. Statistical evidence demonstrates the growing share of small enterprises in GDP and employment. The study concludes that small business development in Uzbekistan is not only an economic necessity but also a foundation for sustainable development, inclusive growth, and the emergence of a resilient civil society.