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Development of Fiscal Policy in Uzbekistan

Year: 2025

Type: conference-paper

Abstract: This study examines the development of fiscal policy in Uzbekistan from 2010 to 2024, focusing on its impact on economic growth and Foreign Direct Investment (FDI). Using a synthetic dataset based on IMF and World Bank trends, the analysis employs a multiple linear regression model to assess the influence of Nominal GDP, Tax Revenue, Fiscal Deficit, and Public Debt on FDI as a percentage of GDP. The findings reveal that Nominal GDP significantly drives FDI, with a one-billion-dollar increase in GDP raising FDI by zero point zero one three five percent of GDP, while Tax Revenue, Fiscal Deficit, and Public Debt show no significant effect.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.15514831

Author: Atanazarova Mukhlisa Ruzmamatovna

Language: English

Topic: Fiscal Policy and Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W6893437575

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