Over the past week in Uzbekistan, the authorities have strengthened control over business while at the same time simplifying a number of regulatory procedures — from fines and inspections to imports and e-commerce. At the same time, the focus has shifted to economic development through investment, exports and infrastructure, including Tashkent, the construction sector and foreign markets. At the same time, macroeconomic signals are being recorded — a slowdown in inflation, a decline in expectations and updated assessments of the banking sector.
Uzenergo added 27.5 points and entered the “green” transparency zone
The Uzenergo Inspectorate reported the results of the 2025 transparency assessment and demonstrated a sharp increase in indicators. Its score rose by 27.5 points to 78.6, allowing it to take 42nd place and move into a higher category. The results were presented at a briefing of the Anti-Corruption Agency. Overall, the number of institutions with a high level of openness increased, while the number of outsiders decreased. Improvement has been recorded for the second consecutive year.
Uzbekistan has allowed the import of up to 10 types of dietary supplements duty-free
The authorities of Uzbekistan simplified the procedure for duty-free import of biologically active supplements for individuals. The new rules are закреплены in a Cabinet of Ministers resolution and introduce a unified approach instead of the previous system that depended on the form of the product. Discrepancies that arose when exceeding limits within a single package have now been eliminated. Citizens can now ориентироваться on the number of packages and total weight rather than the form of the supplements. The changes are aimed at reducing disputes with customs authorities and simplifying imports for personal use.
Entrepreneurs will be allowed to pay 50% of a fine within a month
The President of Uzbekistan reviewed proposals to liberalize the application of financial penalties for entrepreneurs. A unified procedure for voluntary payment is planned, with the possibility of reducing the amount of the fine and arranging installment payments. At the same time, digitalization of accounting, the creation of an electronic register of fines and the introduction of an online appeal system are envisaged. Judicial oversight of decisions will also be strengthened, and mandatory recording of fines in a unified system will be introduced. The changes are aimed at reducing the administrative burden and increasing the transparency of procedures.
A cultural heritage valuation standard has been introduced in Uzbekistan
Uzbekistan has adopted a new National Valuation Standard for determining the value of cultural heritage objects. The document introduces unified valuation rules and complements the national system of valuation standards. Approaches, requirements and conditions for conducting valuations have been established, as well as mandatory expert confirmation of cultural value status. The standard applies to objects of historical, artistic and other significance. Its implementation is aimed at streamlining transactions and increasing transparency in the cultural property market.
The IMF assessed Uzbekistan’s economic growth at 7.7% and forecast a slowdown
The IMF published its conclusions following the 2026 mission to Uzbekistan, noting steady economic growth alongside declining inflation and deficits. In 2025, GDP grew by 7.7%, while a gradual slowdown in growth rates is expected in the coming years. The Fund pointed to persistent external and internal risks, including geopolitical factors, commodity prices and fiscal policy. Recommendations include restraining expenditures, tightening monetary policy and accelerating structural reforms.
Uzbekistan will create a system for training builders for international tenders
The authorities discussed the participation of Uzbek construction companies in international infrastructure projects and acknowledged that it remains limited. It was noted that local contractors often act as subcontractors and face difficulties when participating in tenders. To address this, it is planned to launch a system for training specialists, educational programs and creative infrastructure. The goal is to increase companies’ competitiveness and expand their participation in large-scale projects.
Uzbekistan and Afghanistan signed agreements worth $520 million
In Kabul, 38 trade agreements worth $520 million were signed between Uzbekistan and Afghanistan. The documents are the result of intensified business contacts and regular visits in recent months. The agreements cover key sectors — from agriculture to energy and construction. Expanding cooperation creates a foundation for increasing exports and launching joint projects.
Annual inflation in Uzbekistan slowed to 7.1% in March
The Central Bank of Uzbekistan reported that annual inflation decreased to 7.1% in March 2026. At the same time, price growth at the beginning of the year was higher for food and non-food goods and lower in the services sector. The main pressure remains in certain categories — food, energy resources and services. The structure of inflation indicates a slowdown in overall price growth while localized spikes persist.
The Ministry of Finance announced the start date for applications for mortgage subsidies for educators
In Uzbekistan, applications for mortgage loan subsidies for educators have been open since April 20. Applications can be submitted through public service centers and the my.gov.uz platform, provided that the established criteria are met. The program includes requirements related to credit history, property restrictions, and the submission of data through OneID. The mechanism is aimed at targeted support and more stringent selection of subsidy recipients.
Uzbekistan has approved a special regime for stablecoins
A special legal framework for the circulation of stable tokens has been approved in Uzbekistan. The document предусматривает the registration of participants, supervision of their activities, and the launch of pilot projects in the field of payments and settlements. Testing the issuance of tokens and payment systems based on distributed ledger technology is permitted, provided that security and collateral requirements are met. At the same time, restrictions have been introduced on certain types of tokens to mitigate risks.
Inflation expectations in Uzbekistan in March decreased to 11% for households and 10.7% for businesses
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A “Japanistan” cultural center with anime and Japanese cuisine may be established in Tashkent
Uzbekistan discussed the launch of the “Japanistan” project aimed at developing cooperation with Japan in the creative industries sector. The initiative includes broadcasting Japanese media content on Uzbek television channels and launching a тематическая TV program. Plans also include establishing a cultural center in Tashkent and developing joint projects in animation. The project is aimed at expanding cultural exchange and developing the local media industry.
The CERR has updated the rating of Uzbekistan’s banks based on the results of the first quarter of 2026
In Uzbekistan, the bank ranking based on the “Activity Index” for the first quarter of 2026 has been updated. The assessment covered 34 commercial banks and recorded shifts in positions while maintaining the leading players. Amid growth in lending, deposits, and profits, as well as a reduction in non-performing loans, competition in the sector has intensified. The ranking dynamics reflect a redistribution of positions and differences in bank efficiency.
Payments via QR codes have been transitioned to unified rules
Uzbekistan has approved the procedure for conducting payments through unified QR codes. The document establishes the rules governing the system and the integration of all payment services into a single infrastructure. It предусматривает the use of both static and dynamic QR codes with real-time processing of transactions. The reform is aimed at standardizing cashless payments and simplifying payment acceptance for businesses and users.
Uzbekistan plans to compensate up to 25% of costs for attracting tourists
The President was presented with projects aimed at developing culture and tourism, including the construction of new facilities, infrastructure upgrades, and measures to support the sector. Plans include building the Silk Road Museum in Samarkand, developing tourism infrastructure in the regions, and modernizing cultural institutions. Programs for workforce training, development of national content, and business incentives are also envisaged. Particular attention was paid to measures for attracting foreign tourists and promoting the country in international markets.
A preferential regime is being introduced for five categories of goods sold from bonded warehouses
Uzbekistan will launch an experiment with bonded warehouses for e-commerce starting July 1, 2026. The new model предусматривает the payment of customs duties not at the time of import, but at the point of sale through online platforms. The resolution also introduces separate tax regimes, restrictions on certain categories of goods, and requirements for monitoring transactions. The initiative is aimed at simplifying imports for businesses and strengthening oversight of e-commerce.
Tashkent will be restructured for accelerated economic growth
The President held a meeting on accelerating economic growth in Tashkent and supporting entrepreneurship. Measures to redistribute powers, develop districts based on sectoral specialization, and remove administrative barriers were discussed. New financing instruments are also being considered, including attracting investment and issuing municipal Eurobonds. The approach is aimed at accelerating growth through internal reserves and a more manageable development model.
Uzbekistan is strengthening protection of businesses from unlawful inspections
Uzbekistan has adopted a decree aimed at protecting businesses from illegal interference and increasing transparency of oversight. The document introduces the “Unified State Control” information system and mandates the recording of all interactions between entrepreneurs and government bodies. It also provides for tracking all inspections and communications through digital tools, including QR codes. These measures are intended to strengthen business protection and increase the accountability of officials.
