{"id":36684,"date":"2026-01-28T11:12:55","date_gmt":"2026-01-28T06:12:55","guid":{"rendered":"https:\/\/kommers.uz\/?p=36684"},"modified":"2026-01-28T11:13:57","modified_gmt":"2026-01-28T06:13:57","slug":"markazij-bank-asosij-stavkani-14-foiz-darazhasida-%d1%9ezgarishsiz-%d2%9boldirdi-2","status":"publish","type":"post","link":"https:\/\/dinor.uz\/?p=36684","title":{"rendered":"Markaziy bank asosiy stavkani 14 foiz darajasida o\u02bbzgarishsiz qoldirdi"},"content":{"rendered":"<p>2025 yil dekabr oyida umumiy inflyatsiya prognoz doirasida shakllanib, yillik 7,3 foizgacha pasaydi. Inflyatsiyaning pasayishiga qat\u02bciy pul-kredit sharoitlari, almashuv kursining mustahkamlanishi va import narxlari ta\u02bcsirlarida bazaviy inflyatsiyaning sekinlashishi hissa qo\u02bbshdi. Xususan,<strong> dekabr oyida bazaviy inflyatsiya yillik hisobda 5,7 foizgacha<\/strong> pasaydi.<\/p>\n<p>Xizmatlar inflyatsiyasi ma\u02bclum darajada sekinlashganiga qaramasdan, talab omillari ta\u02bcsirida umumiy inflyatsiyadan yuqori darajada saqlanib qolmoqda. Shu bilan birga, iqtisodiyotdagi inflyatsion kutilmalar pasayish tendensiyasidan to\u02bbxtab, dekabr oyida biroz o\u02bbsishi qayd etildi.<\/p>\n<p>Ushbu omillar inflyatsiyani target darajasigacha barqaror pasaytirish uchun pul-kredit sharoitlarini uzoqroq muddat qat\u02bciy saqlab qolish zarurligini ko\u02bbrsatadi.<\/p>\n<p>Yangilangan prognozlarga ko\u02bbra, 2026 yil yakunlari bo\u02bbyicha inflyatsiya darajasi<strong> 6,5 foiz atrofida shakllanishi<\/strong> kutilmoqda.<\/p>\n<p>Yuqori investitsion faollik, fiskal xarajatlar va pul o\u02bbtkazmalarining ortib borishi iqtisodiyotda daromadlar o\u02bbsishi hamda iste\u02bcmol talabini joriy yilda ham rag\u02bbbatlantiruvchi omil bo\u02bbladi.<\/p>\n<p>Bundan tashqari, ayrim asosiy oziq-ovqat tovarlari taklifi bilan bog\u02bbliq xatarlar hamda qish mavsumida ta\u02bcminotdagi uzilishlar kelgusi oylarda oziq-ovqat hamda xizmatlar narxlariga oshiruvchi ta\u02bcsir ko\u02bbrsatishi mumkin.<\/p>\n<p>Tashqi iqtisodiy muhitda noaniqliklar saqlanib qolishiga qaramasdan umumiy ta\u02bcsirlar nisbatan mo\u02bbtadil bo\u02bblishi kutilmoqda. Asosiy savdo hamkor mamlakatlarda<strong> inflyatsiya pasayish trendiga o\u02bbtdi<\/strong>, jahon iqtisodiyotida o\u02bbsish sur\u02bcatlari kutilganidan yuqori shakllandi.<\/p>\n<p>Qimmatbaho metallar narxlarining yuqori darajada o\u02bbsishi kelgusida ham eksport tushumlari va byudjet daromadlari tarkibida salmoqli ulushga ega bo\u02bblishi prognoz qilinmoqda.<\/p>\n<p>Ichki valyuta bozorida xorijiy valyuta taklifining eksport tushumlari, xorijiy kreditlar va pul o\u02bbtkazmalari subyektlarining qo\u02bbllab-quvvatlanishi 2025 yilda so\u02bbmning 6,9 foizga mustahkamlanishiga xizmat qildi. Bu, import inflyatsiyasi bosimini kamaytirishga va dollarlashuv darajasini pasaytirishga yordam berdi hamda tashqi qarzga xizmat qilish xarajatlarini kamaytirdi. Kelgusi oylarda ham tashqi sharoitlarning nisbatan qulay va real samarali almashuv kursi dinamikasini muvozanatli darajada shakllanishi bo\u02bbyicha kutilmalar mavjud.<\/p>\n<p>Joriy iqtisodiy va investitsion faollik fonida yil yakuni bo\u02bbyicha iqtisodiy o\u02bbsish sur\u02bcatlari <strong>6,5-7 foiz atrofida<\/strong> shakllanishi kutilmoqda.<\/p>\n<p>Bank tizimida likvidlik profitsitining saqlanib qolishi fonida likvidlikni jalb qilish operatsiyalarini jadallashtirilishi pul bozori stavkalari asosiy stavkaga yaqin <strong>13,5-13,8 foiz atrofida shakllanishini<\/strong> ta\u02bcminladi. Natijada, ijobiy real foiz stavkalar iqtisodiyotda milliy valyutadagi jamg\u02bbarmalarni rag\u02bbbatlantirib, pul-kredit sharoitlarini qat\u02bciylashtiruvchi omil bo\u02bblib qolmoqda.<\/p>\n<p>Yuqori yalpi talab omillari xususan, fiskal rag\u02bbbatlantirishlar hamda yuqori chakana kreditlash sur\u02bcatlari sharoitida asosiy stavkani joriy qat\u02bciy darajada saqlab qolish inflyatsion xatarlarni jilovlashga xizmat qiladi.<\/p>\n<p>Markaziy bank kelgusida ham inflyatsiya dinamikasi, inflyatsion kutilmalar, yalpi talab va tashqi xatarlarni diqqat bilan kuzatib boradi.<\/p>\n<p>Markaziy bankning pul-kredit siyosati inflyatsiyani o\u02bbrta muddatda 5 foizlik maqsadli darajagacha pasaytirish, makroiqtisodiy barqarorlikni ta\u02bcminlash va aholining xarid qobiliyatini saqlashga qaratilgan bo\u02bblib qoladi.<\/p>\n<p><i>Markaziy bank boshqaruvining asosiy stavkani ko\u02bbrib chiqish bo\u02bbyicha navbatdagi yig\u02bbilishi <strong>2026 yil 18 mart kuniga<\/strong> belgilangan.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asosiy stavkani navbatdagi ko\u02bbrib chiqish 2026 yil 18 mart kuniga belgilandi.<\/p>\n","protected":false},"author":23,"featured_media":24331,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_sharing_image":{"poster":"https:\/\/dinor.uz\/wp-content\/uploads\/2026\/01\/6979a92584ebc.jpg","width":1200,"height":630,"template":"26a28dfa","mode":"auto"},"_sharing_image_fieldset":{"xk6e44ialdzo":24331,"7B0ecgVieEAP":"\u041c\u0430\u0440\u043a\u0430\u0437\u0438\u0439 \u0431\u0430\u043d\u043a \u0430\u0441\u043e\u0441\u0438\u0439 \u0441\u0442\u0430\u0432\u043a\u0430\u043d\u0438 14 \u0444\u043e\u0438\u0437 \u0434\u0430\u0440\u0430\u0436\u0430\u0441\u0438\u0434\u0430 \u045e\u0437\u0433\u0430\u0440\u0438\u0448\u0441\u0438\u0437 \u049b\u043e\u043b\u0434\u0438\u0440\u0434\u0438"},"_dinor_sponsored":false,"_dinor_sponsor_name":"","_dinor_reading_time":0,"_dinor_primary_term":0,"_dinor_featured":false,"_dinor_urgent":false,"_dinor_show_author":false,"_dinor_kicker":"","_dinor_summary":"","_dinor_sources":"","footnotes":""},"categories":[2],"tags":[],"ptype":[],"_links":{"self":[{"href":"https:\/\/dinor.uz\/index.php?rest_route=\/wp\/v2\/posts\/36684"}],"collection":[{"href":"https:\/\/dinor.uz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinor.uz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinor.uz\/index.php?rest_route=\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/dinor.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36684"}],"version-history":[{"count":2,"href":"https:\/\/dinor.uz\/index.php?rest_route=\/wp\/v2\/posts\/36684\/revisions"}],"predecessor-version":[{"id":36687,"href":"https:\/\/dinor.uz\/index.php?rest_route=\/wp\/v2\/posts\/36684\/revisions\/36687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dinor.uz\/index.php?rest_route=\/wp\/v2\/media\/24331"}],"wp:attachment":[{"href":"https:\/\/dinor.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinor.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinor.uz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36684"},{"taxonomy":"ptype","embeddable":true,"href":"https:\/\/dinor.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fptype&post=36684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}