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Uzbekistan launches dedicated financing for light industry development

Uzbekistan's government has approved a new regulatory framework designed to accelerate growth in the light industry sector. Cabinet of Ministers Resolution No. 729, adopted...

Uzbekistan ramps up commercial bank lending to boost small business and entrepreneurship

Uzbekistan is preparing to significantly expand its support for entrepreneurs and small businesses in 2026 through an aggressive push to increase commercial bank lending....

Uzbekistan demonstrates rapid private sector growth amid economic restructuring for WTO entry

Uzbekistan has made substantive progress in reshaping its economic model, transitioning from state-dominated sectors toward competitive private enterprise. In early November 2025, the country's...

Uzbekistan establishes legal framework for artificial intelligence with penalties for misuse

Uzbekistan's Senate has approved a comprehensive law regulating the use of artificial intelligence technologies, marking the first time the country has formally defined AI...

Uzbekistan accelerates economic ambitions with upgraded 2026 growth targets

Uzbekistan is charting an ambitious economic course with a revised strategy that underscores the country's growing appeal as an investment destination. Through the first...

World Bank backs Uzbekistan transformation with concessional financing for structural reforms

Uzbekistan has secured a significant financial package from the World Bank aimed at catalyzing structural economic transformation. The World Bank's Board of Executive Directors...

Uzbekistan advances WTO accession with Asian Development Bank reform support

The Asian Development Bank has approved a substantial credit facility to fuel Uzbekistan's ambitious economic modernization agenda. The approved financing will drive comprehensive reforms...

Uzbekistan launches model territory initiative to accelerate manufacturing and construction sectors

Uzbekistan has unveiled an ambitious transformation program aimed at creating model territories across selected districts and cities, designed to become showcases of modern business...

Uzbekistan launches regional industrial expansion initiative with tax incentives and export targets

Uzbekistan has set a bold target to increase the share of regional industry in the national industrial output to 45 percent by the end...
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