Isroilova Mukhabbat Rustamjon kizi,
Independent researcher,
National University of Uzbekistan named after Mirzo Ulugbek.
Tashkent, Uzbekistan
E-mail: isroilovamuhabbat9897@gmail.com
ORCID ID: 0009-0002-3713-5286
Abstact. This article analyzes the issues of ensuring effective development of the real sector of the economy through the state’s fiscal instruments. The role of tax and budgetary policies in supporting the real sector, mechanisms for enhancing production activity through fiscal incentives, and improving the investment climate are discussed. Based on theoretical foundations and international experience, the study proposes directions for improving the efficiency of fiscal policy in the context of Uzbekistan’s economy. The results provide practical recommendations for ensuring sustainable growth of the real sector through the optimal use of fiscal policy instruments.
Keywords: fiscal policy, fiscal instruments, real sector, economic growth, budget policy, tax incentives, investment climate, macroeconomic stability, efficiency.