Abstract
This thesis is devoted to the issues of risk management in project financing within the banking sector of Uzbekistan. The study examines the main types of risks inherent in project financing, including credit, foreign exchange, operational, political-regulatory, and environmental risks, as well as international standards for their management and the experiences of Turkey and Kazakhstan. The current state of the banking sector in Uzbekistan is analyzed, and weaknesses in existing risk management mechanisms are identified. As a result of the research, a three-stage risk management model adapted to local conditions and a set of practical recommendations have been developed.
References
1. Gatti, S. (2023). Project Finance in Theory and Practice (4th ed.).
2. Yescombe, E. R. (2013). Principles of Project Finance.
3. O‘zbekiston Respublikasi Markaziy banki. (2025). Moliyaviy barqarorlik sharhi.
4. Asian Development Bank. (2025). Public–Private Partnership Monitor: Uzbekistan.
5. World Bank. (2025). Uzbekistan Financial Sector Assessment.
6. Sultonmurodov, B. (2024). Loyiha moliyalashtirishdagi risklarni boshqarish. Iqtisodiyot va innovatsion texnologiyalar, 4(2), 88–97.
7. O‘zbekiston Respublikasi Qonuni. (2019). Davlat-xususiy sheriklik to‘g‘risida.
8. Fitch Ratings. (2025). Uzbekistan Banking Sector Outlook 2025 (Special Report). Fitch Ratings.