FISCAL, MONETARY, AND CUSTOMS-TARIFF POLICIES IN ENSURING NATIONAL ECONOMIC STABILITY: EVIDENCE FROM UZBEKISTAN
DOI:
https://doi.org/10.5281/zenodo.17414949Keywords:
fiscal policy, monetary policy, customs tariffs, economic stability, Uzbekistan, inflation, tax reform.Abstract
This study examines the effectiveness of Uzbekistan’s fiscal, monetary, and customs-tariff policies in ensuring
national economic stability during the period of 2020–2024 amid global uncertainty and structural reforms. The research
evaluates changes in tax revenues, budget deficits, inflation rates, and trade dynamics using descriptive and comparative
methods. The findings reveal that tax base expansion and rate optimization improved fiscal revenues, while monetary
policy contributed to a decline in inflation from 16% in 2018 to about 10% in 2024. Customs-tariff adjustments helped
stabilize 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.
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