European Scholar Journal (ESJ)

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European Scholar Journal (ESJ)Bog'liq 1816-Article Text-3497-1-10-20220218European Scholar Journal (ESJ)
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leaders, in recent years the reforms carried out in Uzbekistan have been accompanied by the active introduction of
modern information and communication technologies into the process. In the near future, it is the effective use of
new digital technologies that will determine the international competitiveness of both individual companies and entire
countries that form the infrastructure and legal environment for digitalization.
One of the main conditions for large-scale public investment in the introduction of digital technologies is to
assess the contribution of relevant activities to economic growth in terms of cost-benefit ratio. Regardless of the
scenario of economic development, guarantees of a sufficient return on such investments are required to justify the
feasibility of their implementation.
Taking into account the reforms in our republic in the field of digitalization, integrated information systems
have already been created to provide interactive services in the field of public procurement, more than 25.6 thousand
km of fiber-optic communication lines have been laid. More than 67 percent of the country's population or 22.5 million
users have access to the Worldwide Information Network Internet, while the number of users of third and fourth
generation mobile communications has exceeded more than 16 million subscribers.
At the same time, the share of costs for supporting and developing the field of information and
communication technologies (hereinafter referred to as ICT) of general government spending in 2019 amounted to
only about 1.5 percent (7.8 million USD), which is a low indicator for effective digitalization of the republic, both in the
short and long term. The share of ICT specialists among the employed population in 2019 was 0.5 percent.
The share of the digital economy in GDP in Uzbekistan is 2.2%. At the same time, 7-8% is considered the
average optimal indicator, for example, in the UK it is 12.4%, South Korea - 8%, China - 6.9%, India - 5.6%, while in
Russia - 2, 8%, Kazakhstan - 3.9%. In accordance with the draft Concept for the Development of the Electronic
Government System of the Republic of Uzbekistan, by 2025 it is planned to increase the share of ICT services in GDP
to 5.0%, and by 2030 to 10%.
In our republic, the available potential in this area is not fully used. In this regard, strategies for the
development of the digital economy are being developed and approved, taking into account the diversified nature of
the application of digital technologies and providing for the development of state regulation measures that contribute
to the removal of barriers that hinder this process.
Based on the relevance of this problem, the state is taking large-scale measures to develop the digital sector
of the economy, introducing electronic document management systems, developing electronic payments and
improving the regulatory framework in the field of electronic commerce. In accordance with the Law of the Republic
of Uzbekistan "On Electronic Commerce", e-commerce is the sale and purchase of goods (works, services) carried out
in accordance with an agreement concluded using information systems.
Creating a favorable ecosystem for the development and implementation of digital technologies has an
increasing impact on both the country's economy and society. The gradual introduction of appropriate digital solutions
entails an improvement in the quality of life of the population, leads to an effective and transparent construction of
public administration mechanisms, in particular, an increase in economic efficiency, a decrease in the level of
corruption components, the share of the shadow economy and much more. In this connection, today the digital
transformation of all sectors of the economy is one of the priorities of any developing state.
Like all countries, Uzbekistan, in the transition to a digital economy, evaluates its positive and negative
aspects. The digital economy has a positive effect on the possibility of increasing digital literacy among the
population, remote work management, market accessibility and freedom, ease of payments, accessibility of any sector
of the economy in this area, the possibility of increasing productivity and reducing costs, since paper document
management can be completely eliminated and introduced electronic. The negative aspects of the digital economy
that people may face as a result of its implementation are a violation of the security of the confidentiality of the
population's personal data, clogging the information space, a shortage of highly educated personnel and the
emergence of a large number of unemployed.
Considering that the advantages of the digital economy in modern conditions are greater than its
disadvantages, therefore, it is necessary to develop it. The digital economy can lead to the emergence of what is
especially necessary for our country in modern conditions, the so-called "smart" cities, transport and others. No
wonder the President of the Republic of Uzbekistan, by his actions, confirms the importance of this area for
Uzbekistan. Taking into account its importance for Uzbekistan, the Decree “On measures to further improve the field
of information technologies and communications” dated February 19, 2018 and Resolution No. 3832 dated July 3,
2018 “On measures to develop the digital economy in the Republic of Uzbekistan” were adopted.
The National Agency for Project Management under the President of the Republic of Uzbekistan has been
formed in our republic, which is an authorized body in the field of implementation and development of the digital
economy. This agency determines specific areas of activity in which blockchain technologies are being implemented,
carries out an examination of draft regulatory legal acts providing for the development of the digital economy and the
introduction of blockchain technologies. To date, the Republic of Uzbekistan is represented in many foreign and
international indices and studies that indirectly assess the level of readiness of the country for digital transformation.
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