SOME PROSPECTIVE DIRECTIONS OF EFFECTIVE DEVELOPMENT OF THE ECONOMY OF NAVOI REGION

Abstract

This article examines the specific features and problems of economic development of Navoi region. It is known that today a "completely new system of rapid economic development of the regions of the republic, including the organization of the effective use of their natural, economic and human potential" has been introduced. This system is implemented on the principle of "neighborhood - district (city) - region - republic." It requires the development of targeted practical measures for the development of the region, taking into account the specifics of the regions and the level of development. This is because the location of the productive forces of the regions differs from each other by their natural and economic potential. In particular, research aimed at ensuring the sustainable development of Navoi region, which is of strategic importance in the country, improving the living standards of the population, increasing production and export potential, effective use of natural and economic potential is of great importance. The article assesses the current state of specialization of the economy of the districts of Navoi region and develops recommendations for future specialization through the effective use of existing opportunities;