Directions of financing agriculture: the case of Uzbekistan

Аннотация

Agriculture is one of the main sectors of the economy of Uzbekistan, and it is important to ensure the country's economic stability and food safety. Agricultural sectors of Uzbekistan are mainly specialized in the production of cotton, wheat, fruits and vegetables and other agricultural products. These sectors are important not only for economic growth and employment of the population. Development of agriculture is one of the most urgent issues today. Good profit is obtained by exporting agricultural products grown in our country to foreign countries, and international agreements are signed with many countries. In addition, varieties of agricultural products that produce good yields and are resistant to pests are brought from abroad and are localized in our country. The above points are important in financing agriculture. This article provides information on the directions of agricultural financing of Uzbekistan. Keywords: Agriculture, world economy, food products, industry, sector, economic stability, production. our people, to the earning of additional income from Introduction: In recent years, the importance of exports. Great changes are taking place in the field of agriculture in the global economy has been increasing agriculture in our country. Modern technologies and dramatically. That is why it is important to study the equipment are used in the production of agricultural specific characteristics of land, water, and labor products. In addition, new methods such as drip resources, which are the main factors of agricultural irrigation and rain irrigation are being used to irrigate production, on the scale of developed and developing crops. These methods also save water and prevent countries. Industry is one of the main and oldest wastage. As a result, water is consumed by the plant branches of material production, providing the country itself and the productivity of plants increases. The use with food and the main part of the raw materials for of such methods is important in the financing of industry. Agriculture mainly consists of two main agriculture. Modern agricultural financing methods not branches - agriculture and animal husbandry. These only involve attracting large amounts of capital, but two sectors provide the population with agricultural also provide an opportunity to introduce and livestock products. Agriculture includes a number environmentally sustainable technologies and of branches of primary processing of agricultural innovative solutions. For example, microcredit, products and livestock products. About half of the crowdfunding, cooperation between the public and economically active population, and in less developed private sectors, as well as the development of digital countries - more than 80-90 percent, are employed in technologies and smart agricultural technologies today rural areas. In developing countries, this figure is 10%. provide new ways to finance the agricultural sector. Social problems and the settlement of the rural These modern methods serve many priority purposes, population are closely related to agriculture. In some such as supporting small farmers, introducing countries, forestry is also a part of agriculture. Our advanced technologies, efficient distribution of country has great potential in agriculture. Many issues resources and reducing environmental risks. Also, there depend on the development of this direction, from the are great opportunities to ensure social stability, abundance of our markets, the abundance of food for American Journal Of Agriculture And Horticulture Innovations 22 https://theusajournals.com/index.php/ajahi American Journal Of Agriculture And Horticulture Innovations (ISSN: 2771-2559) increase the income of rural residents and improve years, 193,000 hectares of land were leased to the their living conditions, and fight against social problems population and an additional 2.5-3 million tons of through new methods of financing agriculture. As the agricultural products were grown. Also, productivity importance of innovative approaches in financing increased by 10-15% due to the introduction of water- agriculture is increasing, it is possible to ensure the saving technologies on 100,000 hectares. 428 trillion long-term sustainability of the agricultural sector by the end of this year. production of agricultural through effective financial mechanisms in this area. products worth 3.7% compared to 2022 is expected. If in 2017 the stable growth rate of gross agricultural METHODS production in the agrarian sector was 1 percent, by Climate change, land degradation and shortage of 2022 it was 3.6 percent. Currently, more than 80 types water resources are observed in the world today. of agricultural products grown in our country are Water resources are decreasing, and high temperature exported to more than 60 countries of the world. The has a negative effect on the productivity of crops and export volume of fruits, vegetables and leguminous the number