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THE ROLE OF GOVERNMENT POLICY IN ENSURING FINANCIAL STABILITY: AN ANALYSIS IN THE ROAD CONSTRUCTION SECTOR

Rakhimov Dilshodjon Turdiali o‘g‘li , Renaissance University of Education, researcher

Abstract

This article explores the role of government policy in promoting financial stability within the road construction sector. It examines regulatory frameworks, investment incentives, risk management mechanisms, and public-private partnerships (PPPs) through international case studies including Uzbekistan. The study highlights best practices, identifies challenges, and provides strategic recommendations for strengthening financial resilience in infrastructure development.

Keywords

financial stability, government policy, road construction, infrastructure development, public-private partnerships, investment incentives, risk management

References

Asian Development Bank. (2021). Uzbekistan Transport Sector Assessment, Strategy, and Road Map. ADB. https://www.adb.org

Multilateral Investment Guarantee Agency. (2020). Annual Report 2020. World Bank Group.

OECD. (2018). Effective Public Investment Across Levels of Government: Road Construction. OECD Publishing.

World Bank. (2021). Uzbekistan Public Expenditure Review: Infrastructure Investment for Growth. https://documents.worldbank.org

Republic of Uzbekistan. (2021). Law on Public Procurement.

Ministry of Transport of Uzbekistan. (2022). Annual Report on Road Infrastructure Development.

Yescombe, E. R., & Farquharson, E. (2018). Public-Private Partnerships for Infrastructure: Principles of Policy and Finance (2nd ed.). Butterworth-Heinemann.

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THE ROLE OF GOVERNMENT POLICY IN ENSURING FINANCIAL STABILITY: AN ANALYSIS IN THE ROAD CONSTRUCTION SECTOR. (2025). International Journal of Artificial Intelligence, 5(04), 925-928. https://www.academicpublishers.org/journals/index.php/ijai/article/view/3983