DEVELOPMENT OF ENTERPRISE FINANCIAL ACTIVITIES ANDINCREASING ECONOMIC GROWTH

Abstract

The development of enterprise financial activities is one of the important factors contributing to sustainable economic growth. Enterprises create employment, generate income, produce goods and services, attract investment, and contribute to public revenues. Therefore, the effectiveness of their financial activities has a direct impact on economic development at both the microeconomic and macroeconomic levels. This article examines the main directions for developing the financial activities of enterprises and their role in increasing economic growth. The research analyzes financial planning, investment management, access to financing, working capital management, profitability, financial risk management, and digitalization as key factors affecting enterprise performance. The study applies systematic, comparative, analytical, and statistical approaches to identify the relationship between financial performance and economic growth. The results indicate that improving financial management, expanding access to financial resources, increasing investment efficiency, and introducing digital financial technologies can strengthen enterprise competitiveness and contribute to higher economic growth. The article proposes several measures aimed at improving the financial activities of enterprises, including diversification of financing sources, optimization of capital structure, strengthening financial control, development of investment activities, and improvement of financial literacy and management competencies.