Uzbekistan's gross domestic product (GDP) grew by 8.7% in the first quarter of 2026, according to data presented by President Shavkat Mirziyoyev at a video conference meeting. This growth provides a foundation for the next phase of large-scale reforms, including the listing of state assets on international stock exchanges and deeper integration into global financial markets.

Positive dynamics were recorded across all key sectors: industry grew by 8%, agriculture by 5.1%, and services by 16.1%. Foreign investments in January–March totaled $13.7 billion, while exports reached $5.8 billion. Annual inflation slowed to 7.1%, a notable achievement.

Budget revenues increased by 35% compared to the previous year, reaching 103 trillion soums. This allowed local budgets to accumulate an additional 2.2 trillion soums, with 1.4 trillion soums remaining at the disposal of districts and cities for addressing local issues.

Building on this stability, the government is moving to a new stage of privatization. Next month, 30% of state assets worth $2.4 billion will be listed on international stock markets for the first time.

This step was made possible by the creation of the National Investment Fund and the transfer of management of 13 strategic enterprises to the reputable international company Franklin Templeton. The president emphasized that entering global exchanges is a deliberate decision aimed at increasing transparency in the state sector and raising the national economy to a qualitatively new level.

Source: podrobno.uz