Importance of Small Business and Family Entrepreneurs in the Neighborhood

Networks 
2013 
2014 
2015 
2016 
2017 
2018 
2019 
2020 
2021 
Overall
26334 26037 26896 31279 38167 48922 92874 93214 98886 
agriculture, forestry and fisheries 2384 
2282 
2351 
3349 
5144 
5586 
7469 
14969 11710 
industry 
6633 
5777 
5841 
6608 
10182 11262 19496 18596 19285 
construction 
2671 
3001 
2850 
3044 
3788 
6360 
8730 
6009 
6330 
trade 
6334 
6144 
7136 
8536 
7891 
11713 36300 35213 38459 
transportation and storage 
1608 
1433 
1293 
1666 
1830 
2107 
2953 
2397 
2642 
accommodation and meals 
2285 
2265 
2403 
2836 
3353 
3891 
7233 
5637 
6621 
information and communication 
759 
979 
806 
944 
1001 
1228 
1629 
1917 
2521 
health and social services 
398 
424 
486 
516 
858 
1154 
1269 
1450 
1760 
other species 
3262 
3732 
3730 
3780 
4120 
5621 
7795 
7026 
9558 
Commercial credit is a credit given to buyers by sellers in the form of goods (issued) to overspend the value of 
goods sold. As a result, settlements are made by promissory note or open account. In the first case, after the 

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International Journal of Early Childhood Special Education (INT-JECS)
ISSN: 1308-5581 Vol 14, Issue 04 2022 
2508 
DOI: 10.9756/INTJECSE/V14I4.348 
purchase of the goods, the buyer pronounces a promissory note (draft) issued by the seller or draws up a promissory 
note. In the second case, the seller does not receive the buyer’s debt obligations and opens an account on the loan. 
The need for commercial credit arises as a result of the mismatch between the use of capital and the timing of 
transactions. Here, the sale of goods on credit contributes to the continuity of the production process, accelerates the 
turnover of capital and increases profits. This type of loan is usually short-term. Bank loans are provided to 
businessmen and enterprises in the form of cash loans. A bank loan is an enterprise, organization, which is 
temporarily vacant funds of an individual citizen, attracted by the bank on a contractual basis, with their consent, 
and a loan fund is established. To obtain a loan, a loan agreement is concluded between the borrower and the 
borrower, which includes: Information on the type and amount of the loan, the order and term of its issuance, the 
terms of the loan, the amount of interest payments, the responsibilities of both parties, the creditor and the borrower. 
In recent years, a wide range of measures has been taken to radically improve the business and investment 
climate in the country, to introduce a system of criteria for assessing the conditions of doing business, which is 
generally accepted in world practice, and on this basis to further increase the country's international rating. The 
processes of state registration of business entities, obtaining loans, consideration of economic disputes, liquidation 
of business have been significantly simplified and reduced in cost. 
In October last year, the World Bank published a Doing Business rating. In this ranking, Uzbekistan rose 16 
places to 87th place in just one year. 58 It should be noted that in terms of the so-called "support for new business", 
our country is currently ranked 42nd in the world, 32nd in terms of performance of contracts, economically 
insolvent enterprises. Ranks 75th in terms of the effectiveness of the relatively applicable bankruptcy system. 
According to the indicator "Lending to small businesses", Uzbekistan has risen from 154th to 42nd place over the 
past three years and improved its ranking by 63 positions last year. According to the World Bank, Uzbekistan is one 
of the ten countries in the world that have achieved the best results in improving the business environment for 
entrepreneurship in recent years. 
The system of the Chamber of Commerce and Industry of the Republic of Uzbekistan has been reformed, new 
approaches have been introduced to support business development, a completely new system of protection of 
legitimate interests and rights of business entities has been introduced. And the introduction of an effective 
mechanism in the districts is an example of the work being done in this area in our country. Also, the Decree of the 
President of the Republic of Uzbekistan "On priority measures to liberalize foreign exchange policy" No. 5177, 
adopted on 2 September this year, to increase the competitiveness of domestic products in foreign markets, 
Necessary conditions have been created to overcome the existing problems with the need for foreign currency in 
imports. It is known that this Decree also abolished the requirement for exporting businesses to sell foreign 
exchange earnings from the export of goods (works, services) from September this year. 
Table 2: Share of Small Business and Private Entrepreneurship in Samarkand Region (In Percent)