Economic Significance of Monetary Reforms

Since the time when our country gained independence and implemented economic reforms the government has been paying great attention to monetary and credit relations because no country can fully develop its economy without establishing relations in the monetary sphere. It is necessary to emphasize that the development of foreign economic relations and internal relations in accordance with the path of the market economy chosen by our Republic depends on the level of development of monetary relations. Therefore as President Sh.M. Mirziyoyev stated The liberalization of the foreign exchange market in the country requires an increase in the level of liquidity in the economy and the involvement of free funds in important investment and infrastructure projects .