Business
The Fund’s October World Economic Outlook raises the 2026 growth projection by a full percentage point, putting this year on track to outpace 2025 — but the current account deficit is now expected to reach 5.1% of GDP, well above June estim
The president disclosed the ambitions at an investor meeting, a day before scheduled talks with unidentified partners on a second plant. The first, being built with Russia’s Rosatom in Jizzakh region, carries a price tag of $9.5 billion.
A government-ordered count of all economic units, from registered companies to unregistered operators, runs until 30 November, with final results due by September 2027.
A visiting American business delegation concluded agreements covering everything from GE Aerospace jet engines to BlackRock infrastructure financing, with more than 400 companies participating in the accompanying business forum.
Tajikistan has approved a bilateral agreement under which the Rogun hydropower plant will supply power to Uzbekistan during peak demand periods, with deliveries initially limited to the April–September growing season.
A new 24-month initiative backed by EBRD funding will bring compliance assessments, training and advisory services to textile and garment factories as Uzbekistan pushes to attract global apparel brands.
A draft presidential resolution would bring the total number of special economic zones to 36 by March 2023, offering investors up to a decade of tax exemptions — a policy one economist says transfers the fiscal load onto ordinary citizens a
Investment minister Laziz Kudratov unveiled the initiative at the US–Uzbekistan Business Forum, alongside a new joint financing platform and priority partnerships in minerals, fertilisers, pharmaceuticals and textiles.
The second US–Uzbekistan Business and Investment Council meeting produced 54 agreements and initiatives spanning critical minerals, AI, data centres and advanced energy, with Secretary of State Rubio among those attending.
Amendments registered by the Ministry of Justice on 22 April allow technical corrections to purchase orders, mandate a unified electronic registry for all exchange operations, and expand transfer rights for foreign nationals.
A five-year analysis using World Bank data shows the region’s economies nearly doubled in size, with Uzbekistan gaining ground on Kazakhstan and Kyrgyzstan posting the fastest real expansion.
Solar and wind plants matched their entire 2025 output by September, while exports rose 21.4% and imports fell sharply, according to the Energy Ministry.
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