Bob concept of is-lm model

Conclusion
It made it possible to come to the following conclusions and develop proposals on the issues of pulkredit policy and directions for improving its effectiveness in Uzbekistan:
1. One of the main aspects of monetary policy is the unity of monetary and monetary policy. The main reason why the central bank does not stop at ensuring the internal stability of the national monetary unit is the manifestation of the purchase and sale of currency directly in the liquidity of the banking system and its dependence on emissions.
2.The main goal of central banks is to ensure the stability of the national currency. The central bank does not operate for the purpose of generating income (profit). The central bank is a Bank of banks. In this respect, it does not only participate as a regulatory and regulatory body for commercial banks to operate sustainably. Perhaps at the same time the central bank is the last creditor for commercial banks.
In 4.2019, the average inflation rate was 5.26%. The inflation process reduction allowed the central bank to reduce the refinancing rate from 10% to 7% from 1 January 2020. This has made it possible for the subjects of the economy to obtain financial resources according to the valuation factor. Because the interest rate of most lending programs depends on the refinancing rate.
5.The monetary policy implemented in the Republic contributed to the reduction of interest rates in the money market. The average weighted interest rate on interbank money market practices during 2020 is 1 p.p. dropped and made up 7.6%. As a result, the average weighted interest rate on loans allocated to the real sector is from 12.4% 11%.ga decreased.
6.As a result of the central bank's monetary measures, the monetization rate rose from 13.4% in 2017 to 23.2% by 2020. This was mainly due to the increase in the volume of loans to the economy, foreign investments and transfers from abroad.
7. In the process of tattooing the dissertation, the central bank's kayta financing policy showed the need to introduce the khalkaro template of setting the interest rate, that is, the xisob rate and the lombard rate. The application of an interest rate such as LIBOR in practice to make it possible to find that the interest rates given for deposits in the Republican banking system are weighted on average, will lead to a further increase in export balance to ensure the stability of the national currency. 8.By expanding refinancing operations, it is necessary to increase the effectiveness of this tool of monetary policy. It is necessary to increase the importance of refinancing as an indicator for the adoption of investment decisions of the subjects of the economy. To increase the credit potential of commercial banks, it is necessary to lower the norm of mandatory reserves. In order to create an equal opportunity between banks, it is necessary to improve the method of calculating the norm of mandatory reserves.
10.By developing non-cash settlement forms, it is necessary to achieve a reduction in the volume of cash (banknotes)of the cash mass in circulation; it is necessary to lose the artificial differentiation between cash-free and non-cash turnover.
11.It is necessary to introduce a system of regulation of gross money mass through the policy of the interest rate (official accounting rate, limit of rates, penalty rates in refinancing, through reserve requirements).
12.We know from the law that the central bank is accountable only to the Supreme Assembly, but in the legislation it is necessary to clearly define the lending limit of the state by the central bank. Otherwise enough in the regulation of the monetary sphere
the level effect cannot be achieved;
13.Khukumat must create every opportunity for the central bank to use sufficient powers and instruments while reducing its influence to regulate the entire banking system. That is, it is necessary to further accelerate the liberalization of the economy.