Structural and Semantic Features of Economic and Financial Terminology

The role and influence of English today are gaining a higher speed in the world and Uzbekistan. The main factors for this phenomenon include expanding communication with the world after gaining independence and increasing the speed and scope of information exchange in the global village. The dominant position in the internet space by the language of the published content is firmly held by English, which is a strong motivation to learn English for those who wish to promote their global competencies. As it was mentioned since the Declaration of Independence the importance of the English language has been increasing in all aspects of Uzbek people's life. At present, reforms in the sphere of higher education in the country are being carried out under the leadership of the President. We can see this as an example of adopting and implementing the Strategy of Action on the five priority directions of the Republic of Uzbekistan development in 2017-2021. The strategy for further development of the Republic of Uzbekistan, in the section on social development priorities, focuses on the development of education and science.