IMPROVING THE SOCIO-ECONOMIC BENEFITS OF THE BANKING SYSTEM OF UZBEKISTAN

Abstract

The article aims to study the role and importance of the banking system of Uzbekistan in ensuring the interests of the state and the population. Banks play an important role in financing the country's economy, developing the investment climate, creating jobs, supporting entrepreneurship, and improving the living standards of the population. Also, reforms implemented through banks serve to effectively implement the state's macroeconomic policy. The main focus of the topic is on increasing the efficiency of banking services, making them accessible to a wide range of people, introducing digital technologies, and improving financial literacy. The more correctly and purposefully the activities of banks are organized, the stronger the socio-economic stability in the country will be.