Friday, 09, January, 2026
Friday, 09, January, 2026
As of January 1, 2026, Uzbekistan's gold and foreign exchange reserves stood at $66.3 billion, increasing by $5.1 billion in December, the Central Bank said in a report.
Inflation rate in Uzbekistan in 2025 reached 7.3%, lower than the 9.8% the year before, the National Statistics Committee. Reportedly, this is the lowest rate in the past nine years (in 2023, it was 8.8%).
The President Shavkat Mirziyoyev has signed the 2026 State Budget Bill into Law on Thursday, December 25. According to the law, the growth of the gross domestic product is projected to reach $160 billion in 2026, growing 6.6%.
In January-November 2025, Uzbekistan's imports topped $41.9 billion, with China becoming the largest exporter to Uzbekistan on $12.8 billion, the National Statistics Committee said in a report.
A number of major projects will be launched in 2026 as part of the technological modernization of the Uzbek industry and expansion of the added value chain. In particular, a new $2.7 billion metallurgical complex project with 300 thousand tons of copper cathodes manufacturing annual capacity will be launched at the Almalyk Mining and Metallurgical Plant.
The state-owned Uzbekneftegaz has identified plans for 2026 following a management change, the company's press service said.
At its December 18 meeting, the Senate passed the Uzbekistan 2026 State Budget Bill and the Main Axes Of 2026 Fiscal Policies Bill.
The Center for Economic Research and Reforms (CERR) has upgraded its 2025 GDP growth forecast to 7.5%, up 0.8 percentage points from its June forecast, Dunyo news agency said.
2.5 million-ton tungsten reserves Kuytash mine in Jizzakh province is about to be put into operation, the province’s governor office said.
The 26th meeting of the Uzbek-Russian Intergovernmental Commission (IGC) on Economic Cooperation took place in Tashkent on Wednesday.
The Ministry of Economy and Finance presented the Bill on Uzbekistan 2026 State Budget and the Budget Message for 2026–2028. The bill passed its first reading in the Legislative Chamber on Wednesday.
The Ministry of Economy and Finance has published a bill on the state budget for 2026 and target indicators in its Budget Message for 2026-2028.
The Ministry of Economy and Finance today in its budget address for 2026-2028 has proposed new taxes to reduce the consumption of unhealthy goods.
The third Central Asia-European Union Economic Forum is taking place in Tashkent today. In his opening remarks, Deputy Prime Minister Jamshid Khodjaev underscored the key areas of cooperation between the two regions: critical raw materials (CRM), green energy, sustainable transport, and digital connectivity.
President Mirziyoyev signed decree Tuesday aimed at lifting legal loopholes, and in particular ordering full revision of regulations for duty-free import for personal goods , the Ministry of Justice said.
On Nov. 21, 2025, S&P Global Ratings raised its long-term foreign- and local-currency sovereign credit ratings on Uzbekistan to 'BB' from 'BB-'. The outlook is stable.
Uzbekistan plans to expedite the implementation of the Production Sharing Agreement (PSA) for the Ustyurt region, the Energy Minister Jurabek Mirzamakhmudov told Azerbaijani news publication Report.
On the sidelines of the International Forum on Multimodal Transportation on Wednesday, the Transport Minister Ilkhom Makhkamov spoke about the need for fast-track development of the CASCA+ transport corridor's infrastructure to ensure growth in freight forwarding between China and Europe.
Today, Tashkent hosted inaugural meeting of the Central Asian trade and investment ministers, joined by their Azerbaijani counterpart.
Minister of Investments, Industry and Trade Laziz Kudratov met with Aynol Azmil bin Abu Bakar, Vice President of Proton Holdings, the national automobile company of Malaysia Monday.