Additional features

  • Night mode

Uzbekistan’s 2025 budget prioritizes education, infrastructure, and social spending

Uzbekistan's draft state budget for 2025, now open for public review, reveals plans to focus on economic growth, infrastructure, and social sector enhancements. The budget anticipates a 6% GDP growth rate alongside an inflation rate hovering around 7%, with the state aiming to maintain the budget deficit at 49.3 trillion UZS, or 3% of GDP.

Editor's Choice

SOCIETY

Employee stock ownership plans set to transform state-linked companies in Uzbekistan

Uzbekistan is set to implement Employee Stock Ownership Plans (ESOP) in companies with a state stake of over 50%, following the approval of regulations by the National Agency of Prospective Projects. The Ministry of Justice confirmed the new guidelines on October 8.

SOCIETY

Uzbekistan to join WTO with 2-3 year transition period to ease economic shift

Uzbekistan will undergo a transition period of two to three years as it joins the World Trade Organization (WTO), according to Mubin Mirzaev, Deputy Head of the State Tax Committee. This phase is intended to mitigate potential negative effects on large enterprises as the country aligns its trade and tax regulations with WTO standards.

SOCIETY

Energy Ministry addresses surge in public complaints over mandatory solar panel installations

Uzbekistan’s Ministry of Energy has increased the number of phone lines dedicated to handling public inquiries about solar panel installations. The move comes after an overwhelming number of unanswered calls to the Ministry’s hotline.

Latest news
More News