Importance The article examines imperatives of ensuring national interests developing countries pursue when attracting and using external financing. The research shows the importance of external financing to modernize and develop independent economies, including issues of luring foreign direct investment. Objectives The research identifies the most important tools for international financial institutions to finance special-purpose projects in pursuit of the national security of the Republic of Uzbekistan. We attempt to find measures and form institutional principles for integrating the national economy into the global capital market under the Action Strategy for Five Priority Areas of the Republic of Uzbekistan in the nearest future. Methods We carried out the content analysis of financial documents on special-purpose projects implemented by international financial institutions in pursuit of the national security of the Republic of Uzbekistan. Other available materials are also examined. Results The article shows the process of introducing new market mechanisms for currency, fiscal and monetary regulation, raising the national export potential to improve the investment climate and business environment. We pinpoint what conditions should be in place for inflation targeting, including a reliable statistical framework and the slightest link of the national currency on the foreign exchange rate, existence of financial markets. Conclusions and Relevance It is advisable to deepen the cooperation with the Russian and international financial institutions, leading foreign companies and banks. The article highlights possible ways to increase the effectiveness of foreign investment attracted into the country.
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