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Macroregional Context

Uzbekistan switches to market-based property taxation and tightens compliance rules for construction and trading sectors

Uzbekistan has fundamentally altered its approach to taxing real estate and construction materials, moving from cadastral valuations to market-based assessments effective January 1, 2026....
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Macroregional Context

Uzbekistan secures AIIB backing for comprehensive green economy and market reforms

Uzbekistan and the Asian Bank of Infrastructure Investment (AIIB) have signed a major financing agreement worth $500 million to support the country's transition toward...
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Macroregional Context

Uzbekistan launches comprehensive program to eliminate bureaucracy and transform business environment

Uzbekistan has initiated a major transformation of its regulatory landscape by rolling out a comprehensive anti-bureaucracy program aimed at creating what authorities describe as...
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Macroregional Context

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...
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Macroregional Context

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....
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Macroregional Context

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...
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Macroregional Context

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...
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Macroregional Context

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...
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Macroregional Context

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...
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