Public Finance
AUGA chief Sohibjon Murodov says Big Four firms — not the agency itself — screen privatisation bidders for ties to senior officials, but key details of how those checks work remain publicly unexplained.
Senate Chairwoman Tanzila Norboyeva told a plenary session that hokims are wrongly seeking council approval for money already spent, and demanded councils authorise budgets in advance — just as parliament does at the national level.
A new module on Uzbekistan’s openbudget.uz portal, launched 1 January 2026, lets citizens log in and trace how revenue from their personal income, land and property taxes was allocated across nearly 70 spending lines in 2025.
Uzbekistan has quietly built one of Central Asia’s largest rosters of naturalized Russian athletes, spanning rowing, tennis, figure skating, swimming and fencing. The strategy delivers medals but raises hard questions about what it costs domestic talent and the sports budgets meant to develop it.
An expanded presidential meeting on October 27 set a GDP target of $135 billion and ordered a new budget monitoring system for 22 ministries and local administrations, as the economy grew 7.6% in the first nine months of the year — well ahead of forecast.
The Ministry of Finance and UNDP convened an international forum in Tashkent on 30 August 2022 to assess the expansion of participatory budgeting, after the first 2022 cycle saw 6.7 million citizens vote on more than 69,000 proposals, resulting in 1.2 trillion soums allocated to 2,354 winning projects from district and city budgets.
Household liquefied gas prices are proposed to more than double to 5,000 soums per kilogram from November 1, 2026, under a plan that would also introduce a targeted 158 billion soum compensation scheme to shield families on the Social Protection Register from the full impact of the increase.
Average monthly electricity consumption per household fell from 212 kWh in 2023 to 184 kWh in 2025, while gas use dropped from 431 to 342 cubic metres over the same period, the Ministry of Economy and Finance reported on October 14.
Average monthly electricity consumption per household fell from 212 kWh in 2023 to 184 kWh in 2025, while gas use dropped from 431 to 342 cubic metres, as tiered tariffs replaced a subsidy system that officials say had channelled most state support to high-income consumers.
The Ministry of Economy and Finance has proposed linking centralized heating tariff increases to annual inflation starting May 1, 2028, with a hard ceiling of 10% per year — mirroring a mechanism already applied to electricity and gas since early 2026.
The US dollar climbed above 12,000 sums on October 15 for the first time since late July, closing at 12,011.65 sums after an eight-day consecutive rally that reversed a prolonged decline stretching back to a three-year low recorded in September.
Subscribe to Updates
Get the latest news and updates about Uzbekistan and the world directly to your inbox.
