First, an announcement: published poet and contributor Tao Yucheng would like to host and judge a poetry contest open to all readers of Synchronized Chaos Magazine.

Synchronized Chaos Poetry Contest

We seek short, powerful, imaginative, and strange poetry. While we welcome all forms of free verse and subject matter, we prefer concise work that makes an impact.

Guidelines: Submit up to five poems per person to taoyucheng921129@proton.me. Each poem should not exceed one page (ideally half a page or less). All styles and themes welcome

Prizes: First Place: $50 Second Place: $10, payable via online transfer. One Honorable Mention. Selected finalists will be published in future issues of Synchronized Chaos

Good luck, if you choose to enter!

Now, for this month’s issue: The Stories We Tell Ourselves. We explore communication, relationships, myth, history, imagination – different ways of making meaning from life.

Dildora Abdullayeva considers the study of phrases as a part of human language and how phrases have changed over the years. Toychiyeva Madinaxon points out how young people are changing global language through Internet slang. Habibullayeva Lalyokhon Zarifjon kizi explores cultural and linguistic features of phrases in the Uzbek language. Rashidova Shohshanam speaks to the rapid changes in the Uzbek language and the challenges and opportunities that poses for educators. Noah Berlatsky reflects with humor on how our brains’ memory for language might shrink with modernity.

Dildora Qobilova suggests common student grammatical errors and ways to correct them in the classroom. Yarmamatova Sevinch Elyor qizi suggests ways to enhance young children’s speech fluency. Suyarova Gulsanam explicates finer points of Uzbek grammar for audiences speaking all languages. Abulqosimova Bahora highlights the intricacies of the phonetic system of the Uzbek language. Muqaddas Islomova highlights the role of multimedia digital technologies in helping language learners enhance their speech skills. Shamsiddinova Maftuna Hamidjon qizi gives an overview of academic studies into the structure and functions of different parts of speech. Adashaliyeva Durdona Akramjon qizi highlights the central role of linguistics in reinforcing the values of a socialist society. Rukhshona Kamolova Turayeva highlights the importance of studying the history and role of the English language to understanding effective communication. Sharifov Sirojiddin Shavkatovich underscores the critical importance of basic math literacy to social functioning. Satimboyeva Risolet outlines educational benefits of AI technologies in education.

Kucharov Bakhodir outlines principles of written and spoken professional communication. Dilnoza Bekmurodovna Navruzbekovna urges people to carefully consider what career would be right for them, and for schools to facilitate that deliberation. Aslidinova O’giloy highlights the potential of a digital economy and the need to prepare students for that world. Sarvar Eshpulatov also highlights the importance of digital literacy for success in today’s society. Niyozova Shakhnoza Farhod qizi elucidates the potential of digital technologies in education. Iroda Sobirova offers suggestions for fostering entrepreneurship in Central Asia and elsewhere. Choliyev Nurbek Rözimbek ogli highlights the importance of local banks in trusting in the creditworthiness of local entrepreneurs. Eshmurodova Sevinch Bahrom qizi outlines steps credit card bureaus can take to ensure consumer security. Urinova Robiyabonu discusses the use of psychology in professional management. Qarshiboyeva Mavluda Azizbek qizi analyzes the role of international assessment exams in world education. Abduvaliyeva Jasmina Jahongir qizi outlines some upsides and downsides of economic and cultural globalization.

Satimboyeva Rizolat discusses how to develop a social culture of reading and literary appreciation that goes beyond the classroom. Aziza Xazamova highlights the joy and creativity and history of the Uzbek mother tongue. Qudratova Nozima Bahromovna outlines the innovative narrative storytelling techniques of Uzbek author Tog’ay Murod.

Lakshmi Kant Mukul shares some of a people’s history of India through the lens of one architectural landmark, the Qutub Minar. Alan Catlin renders the historical, somnolent, stuck atmosphere of the American Rust Belt into poetry. Xudoyberdiyeva Mohiniso delves into the Islamic Turkish Kara-Khanid state, which reached its height in the 700s. Duane Vorhees traces a variety of Jewish mystical influences on Sigmund Freud. Chimezie Ihekuna relates how the modern Nigerian state came together as a result of colonial powers and bears little relation to cultural realities, causing a legacy of trouble. Jacques Fleury reviews Boston Lyric Stage’s production of a mashup of Sherlock Holmes and A Christmas Carol, providing two different lenses through which to interpret Victorian England. Qulliyeva Feruza Qosimova highlights the role of the Uzbek constitution in guiding contemporary society.

Mahbub Alam reflects with nostalgia on his high school days: friends, teachers, the school environment. Mesfakus Salahin revels in the wonder of childhood and memory. Sobirjonova Rayhona expresses gratitude to a dedicated teacher.

Olga Levadnaya speaks to the ‘halo effect’ of memory, where we remember the best parts of what happened to us. Dr. Jernail S. Anand considers his memories to be friends. Taghrid Bou Merhi holds onto the hazy and charming days of childhood and dreams. Mandy Diamantou Pistikou reminds us of the innocence and joyful curiosity of early childhood. Meanwhile, Luis Cuauhtemoc Berriozabal speaks to the feelings, thoughts, and sensations of middle age.

Taro Hokkyo brings to life a moment of deep soul recognition among two different people. Turkan Ergor wonders at the vast diversity of people’s life experiences, given our common humanity. Dr. Kang Byeong-Cheol reminds us of the ingredients of love: wisdom, compassion, and humility. Mrinal Kanti Ghosh reflects on a love that captures his soul and disrupts his consciousness.

Mohan Maharana also writes of compassion, speaking of his work as a healer and social worker coming alongside people living with mental illness. Juana El Carmen Soria urges people to make wise and caring choices. Asmonur Rajabboyeva, in a piece translated into English by Shuxratova Nilufar, draws on a chamomile flower as a symbol for innocence and compassion. Eva Petropoulou Lianou puts out an urgent call for global peace. Dianne Reeves Angel looks beyond the commercialism of Christmas to seek out spiritual gifts of peace and love and hope. Brajesh Kumar Gupta affirms that goodness is so much stronger than evil. Zuhra Jumanazarova highlights the critical role of the Uzbek constitution in the country’s governance and respect for internationally recognized human rights. Eva Petropoulou Lianou laments the violence and selfishness of humanity, in poetry translated into Mandarin by Yongbo Ma. Pat Doyne mocks corruption in the United States’ federal government. Bill Tope argues against gambling from a social justice perspective. Yongbo Ma also translates a poem from Ahmed Farooq Baidoon on the weary quest of all too many people for justice. Brendan Dawson sketches some of society’s outsiders – immigrants and poets – and reflects on how society has become less welcoming.

Sayani Mukherjee wishes an old lover well with their new love during the holidays, while still acknowledging her sorrow. Abdulhafiz Iduoze speaks to the cycle of life and death in her imagistic poem. Kemal Berk yearns for a lost loved one through verse. Aisha Al-Maharabi evokes the pain of loss and longing in love. Graciela Noemi Villaverde mourns the loss of her husband of many years through poetry. Abigail George renders cautious and loving care for her father with cancer into thoughtful and slow poetry. Farzaneh Dorri pays tribute to a departed human rights lawyer.

Mirta Liliana Ramirez grieves the loss of someone who suffered much and had a difficult life. Sumaiyya Alessmael mourns the passing of her immortal, fanciful beloved. Milana Momcilovic evokes centuries of timeless longing for a lost love. Salimeh Mousavi probes probes a family’s grief to create a complex and layered character sketch and to mourn for parts of individual personhood severed by culture.

Shikdar Mohammed Kibriah speaks to the kind of immortality we find in nature, where one kind of creature lives because of the existence of another. Brian Barbeito relates a late autumn nature walk that left him feeling mystical and thinking of angels and a winter walk with friendly coyotes. Dr. Jernail Singh reminds proud humans of nature’s limits, checks, and balances. Toraqulova Pokiza Sanjarovna highlights the importance of living and working sustainability with nature during climate change. Avazbekova Rayyonakhon outlines some ways young people can work with “nature” close to us, our own bodies, and enhance immunity and stay healthier. Mahmmadjonov Saidjahon Shokirjon ogli and Mirzamansurova Robiya Ahmadjon qizi discuss clinical criteria elucidating when patients need heart valve transplants. Numonova Shohsanam Bahodirjon qizi presents an overview of the causes and effects of genetic mutation. Sejuty Rahman draws on an oyster fashioning an irritating grain of sand into a pearl as part of an extended natural metaphor for love.

Kavi Nielsen poetically expresses a sense of unity and connection with nature and their loved one. Shawn Schooley celebrates the sensual attraction he feels for his lover. Jamal Garougar speaks to the submergence of egos and unity with a broader whole inherent in love.

Petros Kyriakou Veloudas depicts love, grief, and memory feeding into the artistic process. Ana Elisa Medina encourages someone close to her to sing and share his heart’s journey. Kandy Fontaine reflects on how Motorhead frontman Lemmy inspired her artistically and personally.

Dianne Reeves Angel celebrates the joy of intentional female connection and friendship over many years. Priyanka Neogi reminds women and girls to remember their insight and strength. Amirah al-Wassif’s surreal poetry speaks to womanhood and our relationship with our bodies and minds.

J.J. Campbell shrugs and finds himself in a place of dull resignation, even at the holiday season, and renders his feelings into poems. Alan Hardy speaks to the vulnerability of being alone, whether in the wild or in his own mind, and how he protects himself by letting go of regret. Santiago Burdon depicts some misadventures along the road of guiding an emerging writer towards greater originality.

Richard LeDue captures a feeling common to many creators: seasons of wandering through a morass of scanty inspiration. Mykyta Ryzhykh expresses deep inner emotional pain through vivid imagery. Sara Hunt-Flores evokes the limits of the poetic muse for dealing with extreme emotions. Anna Keiko embarks on a tender journey of self-discovery.

Patrick Sweeney captures moments of revealing character development through one-line monostitch poetry. Christina Chin and Jerome Berglund depict small moments when people are captivated by small pleasures. Zebo Zukhriddinova celebrates the fun and the spontaneous organization of a day students spent folding and flying paper airplanes. Christina Chin depicts brief moments of peace and contemplation at Thanksgiving. Taylor Dibbert highlights the culinary creativity evinced by Thanksgiving meals. Asmonur Rajabboyeva’s short story, translated from Uzbek to English by Shuxratova Nilufar, details an imaginative and curious young girl’s travel to Mars.

Mark Young expresses fascination with arbitrary liminality, how we attempt to classify the world. Duane Vorhees reflects on natural and human moments of energy and transition, such as thunderstorms, from a comfortable distance that lets him think and react with wonder.

We hope this issue brings wonder, new thoughts, and empathy to your life.

COMPARATIVE EFFECTIVENESS OF MECHANICAL AND BIOPROSTHETIC HEART VALVE REPLACEMENT

Mahammadjonov Saidjahon Shokirjon ogli

Mirzamansurova Robiya Ahmadjon qiz

iKokand University, Andijan BranchFaculty of General MedicineAbstractHeart valves are essential anatomical structures that ensure unidirectional blood flow within the heart. In cases of valve insufficiency or stenosis, replacement surgery becomes a crucial intervention in modern cardiac surgery. Two primary types of prosthetic valves are used today: mechanical valves and bioprosthetic valves. Both types have distinct advantages and disadvantages, and the choice depends on factors such as patient age, health status, risk of thrombosis, and quality-of-life considerations.

Introduction to Heart Valves

Heart valves are vital anatomical and physiological structures responsible for maintaining the unidirectional flow of blood. Located between the chambers of the heart, they prevent backflow and ensure smooth circulatory function.

Main functions of heart valves:Maintaining one-way blood flowPreventing regurgitationSupporting efficient and coordinated heart functionCommon heart valve disorders:1. Stenosis — narrowing of the valve opening (e.g., aortic stenosis)2. Regurgitation — incomplete closure leading to backwar blood flow (e.g., mitral regurgitation)These conditions may lead to cardiac overload, impaired hemodynamics, and heart failure, often requiring valve replacement surgery.Indications for Valve ReplacementMitral stenosisAortic regurgitationSevere valve prolapseCongenital valve defectsInfective endocarditis with structural destructionBioprosthetic Heart ValvesBioprosthetic valves are typically manufactured from animal-derived tissues (e.g., bovine pericardium) and are widely used in cardiovascular surgery. They are associated with lower thrombotic risk compared to mechanical valves and therefore require minimal anticoagulation therapy.

Advantages:

Lower risk of thromboembolismReduced need for long-term anticoagulationImproved physiological compatibilityBetter quality of life in many patientsDisadvantages:Limited durability (typically 10–20 years)Higher risk of degeneration in younger patientsPossible need for reoperationEffectiveness of Bioprosthetic Valves

Clinical Effectiveness

Provide adequate hemodynamics and restore normal blood flow

Reduce symptoms such as dyspnea and fatigue

Improve long-term quality of life

Statistical Data:Average durability: 10–20 years

Reoperation risk increases afte 10 years, especially in younger patients

Physiology of the Human Heart

Heart activity is based on rhythmic myocardial contractions. Systole refers to contraction, whereas diastole refers to relaxation. Cardiac impulses originate from the sinoatrial node (60–80 impulses per minute), then spread through the atria, AV node, bundle of His, and Purkinje fibers, leading to coordinated contraction of ventricles.

The cardiac cycle includes: Atrial systoleVentricular systole Diastole (joint relaxation phase)During atrial contraction, blood moves into the ventricles; during ventricular systole, semilunar valves open to eject blood into the aorta and pulmonary artery.

Comparison Between Mechanical and Bioprosthetic Valves

Research Findings: Studies show that mechanical valves have a lower reoperation rate, but require lifelong anticoagulation therapy, increasing the risk of bleeding.Meta-analysis indicates that in patients aged 50–70 years, survival is higher with mechanical valves.In patients above 70 years, bioprosthetic valves are preferred due to reduced anticoagulation requirements and lower bleeding risk.Postoperative outcomes (stroke, bleeding, infection) show no significant difference between the two groups immediately after surgery.Reoperation is significantly more common in the bioprosthetic group due to structural valve deterioration.

Summary of Key Differences: Feature Mechanical Valves Bioprosthetic Valves Durability Very long (20–30+ years) Moderate (10–20 years) Anticoagulation Lifelong Short-term or none Thrombosis Risk Higher Lower Reoperation Risk Low HigherBest for Younger patients Older (>70 years) or anticoagulation-intolerant patients

Conclusion Heart valves are crucial structures maintaining unidirectional blood flow and supporting efficient cardiac function. Disorders such as stenosis and regurgitation can severely impair heart performance, necessitating valve replacement surgery.Both mechanical and bioprosthetic valves play an essential role in modern cardiac surgery.Mechanical valves provide long-term durability but require lifelong anticoagulation.Bioprosthetic valves offer better physiological compatibility and lower thrombotic risk but have a limited lifespan.Current research supports the use of bioprosthetic valves in elderly patients, while mechanical valves remain preferable for younger individuals requiring long-term durability.Valve replacement significantly improves cardiac function, reduces symptoms of heart failure, and enhances overall quality of life, making it one of the most important and progressive fields in cardiovascular surgery.

References

1. Ivashchenko, O. A., & Yashin, D. B. (2020). The Role of Psychological Support in Myocardial Infarction Recovery. Cardiovascular Medicine, 45(3), 121–127.2. Cardiology Institute (2021). Myocardial Infarction and Rehabilitation Measures. Tashkent: Cardiology Institute.3. Medall.uz (2022). Heart Attack: Causes, Symptoms, and Treatment.4. Kenjayev Y. M., Berdieva S. A. Analysis of Electrocardiographic Signs of Atrial and Ventricular Hypertrophy. Termez Institute of Economics and Service.

Termiz University of Economics and Service

Student: To‘raqulova Pokiza

Abstract: Sustainability-oriented green transformation is considered an important concept in the development of modern society. It aims to integrate ecological, social, and economic systems, ensure the rational use of natural resources, and reduce negative environmental impacts.

Uzbekistan is implementing significant measures to align with global sustainability goals. The Constitution of the Republic of Uzbekistan pays special attention to ecological rights, ensuring that citizens not only have the right to a favorable environment but also to access reliable information about its condition. It was emphasized that the efforts of the Parliament and Government of Uzbekistan to ensure sustainable development—particularly environmental security—are being carried out with the active involvement of the public, and that innovative ideas and initiatives in this area play a significant role in combating climate change.

In 2008, the United Nations introduced the Green Economy Initiative (GEI) to strengthen the efforts of countries to increase investment in the environment. Priority is being given to modernizing the environmental monitoring system, which allows comprehensive solutions to existing problems. Clusters for the integrated management of solid household waste have been created by introducing technologies for recycling and utilization through public-private partnerships.It should be noted that the perception of sustainable development and the “green” economy, as well as ways of shaping it, varies across countries.

Although many nations are implementing programs based on the principles of the green economy, methodological approaches—including indicators and metrics—differ significantly among the European Union, North America, the Asia-Pacific region, and CIS countries. Achieving success in implementing sustainability based on the green economy largely depends on analyzing and generalizing global experiences in sustainable development, as well as designing measures tailored to each country’s unique characteristics.

Generalizing the experiences of various countries in sustainable development implies adapting the principles of the green economy and their implementation to national contexts. The main goal is to strengthen three key integrated approaches to sustainable development: economic growth, social development, and environmental protection.International experience demonstrates that the green economy stimulates regional development, supports social stability, and contributes to increased economic potential by creating new jobs in green sectors. The green economy helps promote economic progress, ensures GDP growth, increases national income, provides employment, and lowers the unemployment rate.

Today, the green economy is studied as a new branch of the economy that helps improve the natural environment of the country. In scientific literature, it is viewed as new technologies and ecosystems that support nature and generate economic benefits. The green economy represents a transition to a new stage of development aimed at producing environmentally friendly products, with the foundation built on clean or green technologies.Industrial enterprises in Uzbekistan are striving to introduce technologies aimed at energy efficiency and the effective use of resources. This process helps ensure environmental safety in industry and increases economic efficiency.

Moreover, industrial enterprises are implementing projects focused on recycling waste and producing goods from recycled materials. These efforts help reduce environmental impact and promote resource efficiency.

Uzbekistan is actively studying the experience of many foreign countries in the field of the green economy, and numerous measures are being taken within the framework of “greening” as part of national environmental policy. In particular, the shrinking of major river basins and the decline of biodiversity in the region raise serious concerns. Increased emissions of greenhouse gases and large-scale atmospheric pollution continue to exacerbate problems.

Today, no one doubts that achieving the goals of green development requires more active and effective action by countries.The green economy is an economic system whose main purpose is to preserve the planet’s ecology while developing all sectors of the economy. The green economy increases national welfare, ensures the rational use of energy resources, reduces harmful emissions, and decreases environmental costs. It is emphasized that the green economy represents a vector of sustainable development based on innovative green technologies. These technologies focus on energy and resource efficiency, as well as reducing carbon-based energy sources.

Under the initiative to ensure the transition to a green economy and establish a mechanism for assessing green growth, it is important to determine the level and coherence of activities being implemented, identify the scope and boundaries of their impact, and assess potential risks and possible negative consequences (such as pollution and ecosystem degradation).

Several indices have been developed globally to evaluate the effectiveness of countries’ efforts in the green economy. One of them is the Global Green Economy Index (GGEI), which assesses the participation of nations based on several indicators.The issue of sustainable development exists in two main directions.The first direction involves determining the development goals of society and identifying conditions necessary to achieve them.

According to the hierarchy of sustainable development goals, economic goals are positioned below societal development goals, meaning they are viewed as tools for ensuring overall sustainability.The second direction involves studying the conditions and factors that ensure sustainable economic development: determining its parameters and factors, assessing its balance, conditions, and criteria of optimality, and studying growth opportunities.

Unlike the green economy, the traditional “brown” economy is based on energy-intensive and resource-consuming production models. The transition from the traditional model of economic growth to the green economy is a global trend, determining the sustainability not only of individual national economies but also of the entire world economy. Promoting the green economy is the main path toward development.

References:1. Xasanova N. Analysis of Approaches to Studying the Concept of Sustainable Development. “Green Economy and Development” Journal, 2023.2. Brundtland G.H. Our Common Future. Oxford University Press, 1987.3. Decree of the President of the Republic of Uzbekistan on the Strategy of the “Green Economy” and Measures within the Framework of Sustainable Development Goals. Tashkent.4. Xo‘jayev B. The Concept of Sustainable Development

To‘raqulova Pokiza Sanjarovna was born in 2006 in Termez city, Surkhandarya region. She graduated from school with excellent grades. She is currently a 3rd-year student at Termez University of Economics and Service. She has more than 10 published articles. In the 2024–2025 academic year, she became a recipient of the “Rector’s Scholarship.” She has participated in various competitions. In January, she actively took part in Shokhida Yusupova’s 5-day marathon “Shine with Shokhida” and was awarded a certificate. In June, she traveled to Indonesia on a university-organized trip. On July 27, she was awarded a certificate for her successful participation in the master class titled “Empower, Educate, Elevate!” held in honor of the 3rd anniversary of Shine Girls Academy.

THE IMPORTANCE OF ARTIFICIAL INTELLIGENCE

Annotation:This article explores the concept of artificial intelligence (AI), its role in society, its significance in education and the economy, and future prospects. It analyzes the application of AI in everyday life, its impact on work efficiency, and its contribution to the development of modern technologies.

Introduction

Today, in an era of rapidly developing information technologies, artificial intelligence (AI) holds a significant position. AI refers to computer systems’ ability to perform tasks that typically require human intelligence, such as thinking, learning, analyzing, and decision-making. Currently, AI has permeated almost all areas of our
lives.

1. Concept and Development of Artificial Intelligence

Artificial intelligence is a technology that enables computers and
software to perform tasks similar to human intelligence. Initially
developed through scientific experiments, AI today achieves high
results using machine learning and neural networks. AI systems can
quickly and accurately analyze large amounts of data.

2. The Importance of Artificial Intelligence in Everyday Life

AI is widely used in daily life. For example, voice assistants on
mobile phones, translation applications, facial recognition systems, and recommendation platforms all operate based on AI. These technologies ease human labor, save time, and provide convenience.

3. Artificial Intelligence in Education and the Economy

In education, AI serves to individualize the learning process.
AI-based platforms analyze students’ knowledge levels and provide
materials tailored to their needs. In the economy, AI automates
production processes, increases efficiency, reduces costs, and helps
make more precise business decisions.

4. Future Prospects of Artificial Intelligence

In the future, AI is expected to develop further and play a crucial
role in healthcare, transportation, agriculture, and many other
sectors. AI acts as a tool to enhance human potential and contribute
to societal development. At the same time, it is essential to use it
responsibly and wisely.

Conclusion

In conclusion, artificial intelligence is becoming an integral part of
modern society. It simplifies human activities, increases efficiency,
and creates new opportunities. Proper utilization of AI can contribute
to sustainable societal development.

References

1. Russell, S., & Norvig, P. Artificial Intelligence: A Modern
Approach. Pearson Education.
2. Official sources of the Republic of Uzbekistan on digital technologies.
3. Scientific articles and online resources related to artificial intelligence.

Mathematics is one of the most important subjects in the world. It plays a key role in our daily life and helps us understand how things work. Math is not only about numbers and formulas. It is also about logic, problem-solving, and clear thinking.

Another important role of math is developing the human mind. It teaches us how to think logically and make correct decisions. Math trains patience and accuracy. When students solve math problems, they learn how to analyze situations and find solutions. These skills are useful not only in school but also in real life.

Many people think math is difficult or boring. However, math becomes interesting when it is understood properly. With practice and good teaching, anyone can improve their math skills. Math is a universal language that connects people from different cultures and countries.

In conclusion, mathematics is an essential part of human life. It supports daily activities, education, science, and technology. Learning math helps people become smarter, more confident, and better prepared for the future.

My name is Sharifov Sirojiddin Shavkatovich, a passionate and ambitious teacher born on July 16 1989, in Shakhrisabz district, Kashkadarya Region, Uzbekistan!I have been working as a math teacher for ages and l can say that l already could help over 1000 students enter their dream university.With a deep interest in leadership, public speaking, and writing, I continue to work hard toward achieving academic excellence and inspiring others in my community.

The Importance of Bank Loans and Investment Activities in the Development of Regional Economies

Chöliyev Nurbek Rözimbek o‘g‘li

Karshi State Technical University

1st-year student, Faculty of Economics        

Annotation: The article highlights the role of bank lending and investment activities in the development of regional economies. It analyzes the support of small and medium-sized businesses through bank loans, as well as the provision of housing and social needs for the population via mortgage and consumer loans. Furthermore, the significance of investment activities in modernizing regional infrastructure, creating new production capacities, attracting foreign investments, and generating new jobs is revealed. As practical examples, projects implemented by commercial banks of Uzbekistan, including “Mikrokreditbank,” “Agrobank,” “Ipoteka Bank,” and other financial institutions, are presented. In conclusion, findings and practical recommendations for improving credit and investment policies are provided.      

Keywords: Regional economy, commercial banks, credit policy, microcredits, mortgage, investment activity, infrastructure, small business, foreign investments, economic stability.      

Introduction       

Today, the role of the banking system is invaluable in modernizing the economy and ensuring sustainable development. In particular, bank loans provided by commercial banks and ongoing investment activities play a crucial role in the process of regional economic development. In the Republic of Uzbekistan, the comprehensive development of regions, improvement of living standards, and support for small businesses and private entrepreneurship are among the priority areas of state policy. In this context, the activities of banks, which serve as the main source of financial resources, occupy a special place.       

In regional development, bank lending serves as a key instrument for financing small and medium-sized enterprises and for expanding the agricultural, manufacturing, and service sectors. At the same time, investment activities facilitate the implementation of infrastructure projects, the creation of new production capacities, and the realization of innovative ideas.The relevance of this topic lies in the necessity of ensuring the stable functioning of the banking system in order to accelerate economic growth and reduce disparities between regions. By improving credit policy and further enhancing the investment climate, new jobs can be created in the regions, household incomes can increase, and poverty levels can be reduced.

Therefore, this article analyzes the role of bank loans and investment activities in the development of regional economies, as well as examines existing challenges and possible ways to address them.       

The Role of Bank Loans in Regional Economic Development        

Bank loans are considered one of the main financial sources in the development of regional economies. Loans provided through banks play an important role in expanding production, establishing new enterprises, modernizing existing capacities, and developing the service sector. In recent years, large-scale reforms have been implemented in the Republic of Uzbekistan to liberalize credit policy and create favorable conditions for business entities.       

In particular, in accordance with presidential decrees, the provision of preferential loans by commercial banks has been introduced, yielding significant results in supporting small businesses and entrepreneurship in the regions. According to statistical data from the Central Bank of the Republic of Uzbekistan, the total volume of loans allocated to the economy by commercial banks in 2023 exceeded 480 trillion Uzbek soums, which is nearly 20 percent higher compared to the previous year. A substantial portion of these loans was directed toward financing small business entities and regional development projects.For example, loans provided by Mikrokreditbank and Agrobank for the development of agriculture and family entrepreneurship have contributed to the creation of thousands of new jobs. In addition, mortgage loans issued by Ipoteka Bank aimed at improving housing conditions have also played a significant role in raising living standards in the regions.

Taking Fergana region as an example, in 2023 commercial banks allocated loans totaling nearly 14 trillion Uzbek soums, of which 60 percent were directed to small businesses and private entrepreneurship entities. This indicator clearly demonstrates the crucial importance of bank lending in regional economic development. Thus, bank loans contribute to regional economic development by:supporting small and medium-sized enterprises;creating new jobs; increasing household incomes;strengthening the industrial potential of regions;modernizing infrastructure.

The Impact of Investment Activities on Regional Development

Another important factor in regional economic development is investment activity. Investments serve not only as a source for expanding production, but also for introducing new technologies, developing modern infrastructure, and establishing the production of competitive goods. In recent years, the investment policy of the Republic of Uzbekistan has undergone significant reforms. Favorable conditions have been created for foreign investors, free economic zones have been established, and numerous investment projects have been financed through domestic banks.

According to statistical data, the total volume of investments attracted to the economy of Uzbekistan in 2023 exceeded 350 trillion Uzbek soums, of which nearly 30 percent were financed through bank loans. In particular, Asaka Bank actively participated in financing large investment projects in the automotive, chemical, and metallurgical industries; National Bank of Uzbekistan supported projects in the energy, tourism, and infrastructure sectors; and Qishloq Qurilish Bank implemented numerous investment programs in the housing and construction sector.Significant results have also been observed at the regional level.

For example, in Fergana region, investment projects totaling more than 2 trillion Uzbek soums were financed through banks in 2023. As a result, new manufacturing enterprises were launched, and more than 7,000 new jobs were created in the region.Investment activity influences regional development in the following ways:modernizing infrastructure (roads, electricity supply, water networks);increasing industrial capacity and creating new production facilities;expanding employment opportunities and increasing household incomes;enhancing the investment attractiveness of regions and attracting new foreign investments.Thus, cooperation between investment activity and the banking system plays a decisive role in ensuring regional economic stability.

Conclusion and Recommendations

The analyses presented above demonstrate that bank lending and investment activities play a decisive role in regional economic development. Loans provided by commercial banks contribute to the growth of small businesses and private entrepreneurship, increase agricultural efficiency, improve housing provision for the population, create new production capacities, and expand the service sector.Investment activity, in turn, serves as a key factor in establishing modern infrastructure in regions, introducing advanced technologies into production, creating new jobs, and enhancing the overall economic potential of regions.

Cooperation between banks and international financial institutions strengthens the inflow of foreign investments and facilitates the integration of regions into the global economy.

Based on these findings, the following conclusions and recommendations can be proposed:

1. Diversification of bank lending is necessary. Increasing the volume of financing for various sectors, including tourism, services, and innovative projects, will enhance the effectiveness of credit policy in the regions.

2. Expansion of microfinance services is required. In particular, increasing microloans to support family entrepreneurship, women’s businesses, and youth entrepreneurship will have a positive impact on regional economic development.

3. Further improvement of the investment climate is essential. Creating favorable conditions for attracting domestic and foreign investments through banks, along with strengthening tax incentives and guarantee mechanisms, is highly advisable.

4. Strengthening the financing of regional infrastructure projects. Expanding bank lending and investment programs for transport, energy, housing, and social infrastructure development will ensure regional economic stability.

5. Acceleration of the digitalization of the banking system. Simplifying lending processes and monitoring investment projects through digital technologies will improve the efficiency of financial services in the regions.In conclusion, the importance of bank lending and investment activities in regional economic development cannot be overstated. Credit policies and investment projects implemented by banks are creating new economic opportunities in the regions, improving living standards, and contributing to the overall economic stability of the country.    

References

1. Resolution of the President of the Republic of Uzbekistan. “The New Uzbekistan Development Strategy for 2022–2026.” Collection of Legislative Acts of the Republic of Uzbekistan. Tashkent, 2022.2. Central Bank of the Republic of Uzbekistan. “Statistical Data on the Banking and Financial Sector of the Republic of Uzbekistan (End of 2023).” Official website: www.cbu.uz3. Karimov, A. Banking and Financial Markets. Tashkent: Economics Publishing House, 2021.4. Abdurahmonov, Q. Theory and Practice of Investments. Tashkent: Science and Technology Publishing House, 2020.5. Ministry of Economy and Finance of the Republic of Uzbekistan. Collection of Regional Development Indicators, 2023. Tashkent.6. Mikrokreditbank Official Website. “Microfinance Practices and Projects.”

www.mikrokreditbank.uz

THE PROSPECTS OF ARTIFICIAL INTELLIGENCE TECHNOLOGIES ON THE DEVELOPMENT OF THE BANKING SYSTEM

Eshmurodova Sevinch Bahrom qizi

Qarshi State Technical University

2nd-year student, Banking Department

+998994190825

eshmurodovasevinch266@gmail.com

Abstract: The article discusses the use of artificial intelligence technologies in the banking sector. The focus is on simplifying customer service processes, reducing credit risks, detecting fraud, and strengthening cybersecurity.      

Keywords: artificial intelligence, bank, digital services, security, lending.      

Аннотация: В статье рассматриваются вопросы использования технологий искусственного интеллекта в банковской системе. Основное внимание уделено упрощению обслуживания клиентов, снижению кредитных рисков, выявлению мошенничества и повышению уровня кибербезопасности.      Ключевые слова: искусственный интеллект, банк, цифровые услуги, безопасность, кредитование.      

Introduction:

Today, major changes are occurring in the global financial market. Banks are no longer limited to simple transactions, accepting deposits, or issuing loans. Their main objective has increasingly become providing customers with convenient, fast, and secure services. One of the most significant technologies supporting this transformation is artificial intelligence (AI).Initially, artificial intelligence seemed like something found only in science-fiction movies. However, in today’s real world, AI technologies are actively involved in services ranging from bank cards to online applications. Therefore, discussing the future prospects of this technology is highly important.

Main Part:

One of the first and simplest applications of artificial intelligence in banks is chatbots. Today, most banks have their own mobile applications, and when a customer asks a question through the app, the initial response is given by an automated system. Although this seems simple, it plays a crucial role. While a human operator needs time to answer and queues may occur, artificial intelligence can serve thousands of customers simultaneously.The second direction is risk assessment. Previously, bank employees examined customer documents, requested employment references, and often required guarantors.

Today, AI systems can analyze a customer’s financial behavior, spending patterns, and even mobile payment history to calculate the probability of loan repayment. This process is convenient for both the bank and the customer.Another important aspect is fraud detection. Thousands of transactions are carried out every day, and it is impossible to manually inspect all of them.

Artificial intelligence can detect unusual or suspicious activity among transactions. For example, if a customer usually uses their card only in Tashkent but suddenly attempts to withdraw a large amount of money abroad, the system stops the transaction automatically. This helps protect the customer’s funds.

Of course, these technologies also have challenges. First, developing and implementing such systems requires significant financial investment. Second, banking data is highly confidential, making its protection extremely important. Third, the shortage of qualified specialists is also a major issue.

Despite these challenges, the advantages of artificial intelligence outweigh its drawbacks. Competition in the banking sector is increasing every day. Customers now pay attention not only to interest rates but also to service speed, convenience, and security. Banks that use AI technologies can enhance their reputation and attract more customers.

AI also opens new opportunities for banks in Uzbekistan. For instance, using artificial intelligence in loan portfolio management reduces risks. Financial inclusion — expanding access to banking services for the general population — can also be improved through AI. Additionally, AI can play an important role in future green financing projects.

One of the most critical issues is cybersecurity. As financial crimes around the world are increasing, AI systems help not only detect fraud but also protect large volumes of data. Therefore, banks in Uzbekistan must strengthen their efforts in this area.

Conclusion:

In conclusion, artificial intelligence is becoming an essential part of the future banking system. It simplifies customer service, reduces risks, detects fraud, and most importantly, increases the efficiency of banking operations. In the context of Uzbekistan, the gradual introduction of AI technologies, training qualified specialists, strengthening cybersecurity, and improving financial literacy are of great importance. If consistent work is carried out in these directions, banks in Uzbekistan can become competitive not only in the region but also in the global financial market.

REFERENCES

1. O‘zbekiston Respublikasi Markaziy banki. Raqamli moliya hisobotlari, 2024.

2. World Bank. AI in Financial Services. Washington, 2023.3. Brynjolfsson, E., & McAfee, A. Machine, Platform, Crowd. Norton, 2017.4. Harvard Business Review. Artificial Intelligence for the Real World. 2018.

I am Eshmurodova Sevinch Bahrom qizi, born in 2006 in the Kamashidistrict of the Kashkadarya region. Between 2022 and 2024, I studiedat the Academic Lyceum of Karshi State University in the “exactsciences” department and successfully graduated. In 2024, I wasadmitted to Karshi State Technical University and am currently a2th-year student at the Faculty of Economics and Management, BankingDepartment. In my free time, I play sports. I am a 3-time champion ofUzbekistan. I have also taken the honorable 1st place in Tashkentseveral times. In addition, I have won the Rector’s Cup several times.Currently, I am running an online business at home. I make tiaras forgirls. I take an online course in Turkish. My goal is to open atraining center in the area where I live, in agreement with thegovernor.  I would like to pay special attention to Turkish, Russian,mathematics, and robotics at the center.