THE IMPACT OF THE BANKING SECTOR ON MACROECONOMICSTABILITY
Keywords:
banking sector, macroeconomic stability, monetary policy, inflation rate, investment activity, gross domestic product (GDP), interest rates, lending operations, liquidity management, financial intermediationAbstract
This article examines the role and impact of the banking sector in
ensuring macroeconomic stability. In particular, it analyzes how key indicators such as credit volume, interest rates, and liquidity levels, along with monetary policy instruments, influence inflation, gross domestic product (GDP), and investment dynamics, based on statistical data from 2020 to 2024. The study also evaluates recent development trends in Uzbekistan’s banking system, the progress of ongoing reforms, and provides a comparative assessment in the context of international experience. Furthermore, the paper highlights the contribution of commercial banks to economic growth, the expansion of digital banking services, the efficiency of financial intermediation, and the improvement of market mechanisms.
