POLITICS | 20:08
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Uzbekistan attracts $8.3 billion in foreign investment during first two months of 2026

President Shavkat Mirziyoyev was briefed on the economic forecasts for the first quarter of 2026 and the ongoing efforts to mitigate the impact of global market instability on the national economy.

Data presented during the session revealed that during January and February, industrial production grew by 7.7 percent, while the services sector surged by 15.4 percent. During this same period, the country successfully executed exports valued at $3.5 billion and attracted a staggering $8.3 billion in foreign investment. These figures underscore a strong start to the fiscal year as the government seeks to maintain its developmental momentum.

To bolster regional growth, the government has directed significant financial resources toward social and economic development. Since the beginning of the year, an additional UZS 2.3 trillion and $500 million from the republican budget have been allocated to nine provinces. Furthermore, UZS 3.9 trillion was channeled through local budgets to 33 districts and 330 neighborhoods designated under the "New Uzbekistan Image" status. Another UZS 3.9 trillion was earmarked for 37 high–priority districts and 903 neighborhoods, supported by UZS 1.3 trillion from local budgets and an initial UZS 1 trillion specifically for 283 "driver" projects.

The government also outlined ambitious infrastructure expansion plans for the remainder of the year. This includes UZS 1.2 trillion for developing crowded streets, waterfronts, and roadside areas. Additionally, UZS 450 billion will be invested to improve infrastructure in 150 neighborhoods with high tourism potential, while UZS 150 billion is set aside to establish 50 micro-industrial centers across 400 neighborhoods.

The briefing also addressed the intensifying pressure on global trade corridors and import prices due to the rapidly changing international situation. In response, the president emphasized that heads of sectors and regions must proactively assess the landscape and implement measures based on various economic scenarios. The strategy focuses on ensuring the resilience of industrial sectors and maintaining the stability of foreign trade routes to safeguard the national economy against external shocks.

Дониёр Тухсинов
Prepared by Дониёр Тухсинов
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