Turkmengaz has halted natural gas deliveries to Russia’s Gazprom following a breakdown in price negotiations, ending a five-year supply arrangement that had delivered 5.5 billion cubic metres annually. The head of the Turkmen state concern says commercial talks are continuing, while Ashgabat simultaneously pursues a fourth pipeline branch toward China.
The Competition Committee reviewed 878 draft regulatory acts submitted through the government’s unified legislative portal in 2025 and found that 425 — nearly half — contained provisions contradicting competition law. The rate was highest for Presidential-level acts, where 147 of 239 drafts, or 61.5%, were flagged.
The Migration Agency under the Cabinet of Ministers has urged Uzbek citizens engaged in temporary labor activity in Russia to regularize their legal status no later than September 10, 2025, following a decree by the President of the Russian Federation extending the original deadline.
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.
Representatives from Uzbekistan and three other Central Asian states travelled to Vienna in July 2022 to study European Union practices in agricultural clustering and Geographical Indications, as the region pushes to raise the commercial value and international recognizability of its farm exports.
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.
Six major energy projects worth $4.7 billion were signed at a meeting chaired by President Shavkat Mirziyoyev, who also ordered the preparation of the country’s first National Energy Master Plan through 2050 and announced a new Investors Council to cut bureaucratic delays.
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.
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.
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.
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.
A Visa survey of 249 Uzbek small and medium businesses finds digital payment adoption is now widespread, but only 37% of firms have integrated those payments with broader operational tools — a gap that costs businesses time and limits their access to tailored financial services.
