URGENT ISSUES OF REGULATION OF MONEY SUPPLY IN THE CONDITIONS OF TRANSITION TO THE INFLATION TARGETING REGIME IN UZBEKISTAN

Abstract

The gradual transition to the inflation targeting regime in the Republic of Uzbekistan began in 2020. In this context, controlling the growth rate of the money supply at the same time as the inflation target is a tactical goal of monetary policy. In such conditions, by improving the regulation of money supply, it is of great practical importance to ensure a low and stable level of inflation, and to ensure the stability of the nominal exchange rate of the national currency. In the article, current problems related to the regulation of money supply in the context of the transition to the inflation targeting regime are identified and scientific proposals aimed at solving them are developed.