Summary Overall, the Uzbek economy proved stable during July 2023 although the slow depreciation of the Soum against the US dollar continued. During the second quarter of 2023, inflation decreased. GDP, GDP per capita, exports, and imports all increased during the first half of 2023. Economic Growth GDP reached 470 trillion soums in the first…
H.E. President of the Republic of Uzbekistan Sh. M. Mirziyoyev has created favourable conditions for attracting investors to the field of geology in recent years. Large-scale work is underway to explore and produce new hydrocarbon reserves with the involvement of foreign investors for the sustainable provision of energy resources to consumers of Uzbekistan. On August…
According to the Decree of the President of the Republic of Uzbekistan UP-6264 “On measures to create the Agency for Strategic Development of the Republic of Uzbekistan” dated July 19, 2021, the Agency is entrusted with a number of strategic tasks, including the formation and constant maintenance of the rating of investment attractiveness of economic…
Project objective: Creating a modern road management system, strengthening control and preventing conflicts of interest in the road industry, creating conditions for extensive involvement of private sector enterprises in the industry, and improving the efficiency of budgetary funds utilization. Key tasks: develop, in collaboration with relevant ministries and agencies, a draft presidential decree of the…
Project objective: Creating a modern airport management system in the Republic of Uzbekistan, attracting the private sector to the industry, and improving efficiency. Key tasks: develop, in collaboration with relevant ministries, agencies, and international consultants, a development strategy for the airports of the Republic of Uzbekistan. gradually reform the industry by involving the private sector.…
Energy policymakers, scientists, and public figures from Uzbekistan and European Union countries, as well as representatives of IFIs gathered in Tashkent for the international conference “Energy Efficiency in Uzbekistan: Prospects and Challenges”. It was organized by the Agency for Strategic Reforms under the President of Uzbekistan and the European Union SECCA project. The event took…
On May 4th, 2023, the Agency for Strategic Reforms under the President of Uzbekistan organized the regular working meeting of the Country Platform of Uzbekistan at the International Business Centre. This event was conducted with the assistance of the World Bank, which acted as the Secretariat this year. The meeting was attended by representatives of…
The Agency for Strategic Reforms under the President of Uzbekistan and the National Research Council for Economics, Humanities and Social Sciences of the Republic of Korea have signed a Memorandum of Understanding. The move aims to strengthen cooperation between the two countries in reforms, improve state enterprise processes and work together on strategic planning, economic…
The European Bank for Reconstruction and Development (EBRD) continues its successful cooperation with Uzbekistan, providing support for the implementation of innovative projects aimed at developing key sectors of the economy. In 2022 alone, the EBRD invested about 900 million euros in Uzbekistan for the implementation of 26 projects. At the same time, the total portfolio…
In the Development Strategy of the New Uzbekistan for 2022-2026, the President of the Republic of Uzbekistan has approved seven main tasks. Among them are the reform of the education system, healthcare, and ensuring clean drinking water for the population. It is precisely on these priorities that the attention of the new Delivery Unit Office…
