News ·

In Uzbekistan, price stabilization for a number of products will begin

Food reserves will be maintained year-round.

Why is this important

The development of livestock farming is directly linked to food security and price stability in the domestic market. Expanding farmers’ access to infrastructure and financial resources allows for increased meat and milk production and reduced import dependence. Attracting international credit funds strengthens the investment stability of the industry and creates conditions for the large-scale launch of new farms.

What happened

  • Starting next year, it is planned to allow farmers growing cotton and grain to build lightweight buildings on their lands with an area of up to 20 acres to create livestock farms.
  • In 2026, it is planned to provide farmers with a loan from the Agricultural Fund in the amount of 12% of the value of the 2025 harvest, with the repayment of the portion of the foreign currency loan exceeding 8% and the provision of guarantees for 50% of the loan.
  • The Head of State emphasized the importance of maintaining stable prices and ensuring food security in the markets.
  • It was noted that the authorities are transitioning to a year-round system of food interventions to stabilize prices, and for this purpose, they will develop new support mechanisms for producers of fodder, oilseed, and potato crops.

Numbers and facts

  • Farmers are planned to be allowed to build lightweight buildings with an area of up to 20 acres to accommodate livestock farms.
  • It is planned to import 100 thousand head of cattle and 200 thousand head of sheep and goats with the extension of import subsidies for another five years.
  • The World Bank and the International Fund for Agricultural Development intend to allocate $157 million for livestock projects for a period of 10 years with a three-year grace period at a 17% interest rate.
  • Additionally, $150 million from JICA and $60 million from the ADB are planned to be attracted.
  • In 2026, funds are planned to be allocated to launch 1,000 projects worth 5 trillion soums and establish 340 small livestock farms with 50-60 heads in 167 districts.
  • Annually, in vitro laboratories prepare over 10 million virus-free mini-root crops of potatoes, which are provided free of charge to seed farms.

Context

  • In the context of seasonal price fluctuations, the authorities are also consistently developing a system of procurement and commodity interventions to stabilize the food market.
  • The new measures create conditions for the rapid growth of livestock numbers and the expansion of the network of small livestock farms. Attracting international financial resources will reduce the burden on domestic funding sources and accelerate the launch of projects.
  • The introduction of a permanent system of interventions should increase food price stability and strengthen the country’s food security.

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