Economics and Finance

The Resolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 865 dated December 20, 2024 “On approval of the Strategy for further improvement and development of the public procurement system in 2025–2027” was adopted.

The purpose of this Strategy is to increase the share of “green” public procurement in 2025–2027, as well as to determine a public procurement policy aimed at improving and developing a stable, broadly competitive public procurement system, which is important for economic growth.

Information on the work carried out and results achieved in the field of public-private partnership in 2024, as well as plans for 2025.

The Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated April 8, 2025 No. 210 "On approval of the Strategy for improving the public finance management system for 2025-2030" was adopted.

On April 21, 2025, the Presidential Decree "On the Privatization Program for 2025" was adopted.

According to the National Statistics Committee, the volume of financial services rendered in January-August 2025 exceeded 108 trillion soums and showed a growth of more than 23%.

The main factor in the growth of the total volume of market services provided was the growth of financial services by more than 23%, transport services - by 12.0%, trade services - by more than 11%, accommodation and food services - by 9.0%, communication and information services - by more than 21%, other services - by more than 12%, as well as rental services - by more than 19% and services related to real estate - by more than 10%. Growth in services in the field of architecture (more than 15%), healthcare (more than 12%), computer and household appliance repair services (more than 11%), individual services (more than 11%), and education (more than 3%).

During the period under review in 2025, the volume of market services provided by small businesses exceeded 344 trillion soums, representing more than 54% of the total volume.

According to preliminary data from the National Statistics Committee, in January-September 2025, the volume of gross domestic product (GDP) of the Republic of Uzbekistan in current prices amounted to 1,303.7 trillion soums and, compared to the corresponding period of 2024, increased by 7.6% in real terms.

The pace of economic growth is due to the positive dynamics in the main sectors of the economy. Thus, the gross value added created by all its sectors amounted to 95.1% of the total GDP and increased by 7.7% (contribution to GDP growth - 7.3 percentage points). In the structure of GDP, net taxes on products amounted to 4.9% and showed an increase of 6.9% (share in GDP growth - 0.3 p.p.).