The government of Uzbekistan is pushing forward with economic reforms aimed at strengthening the country's position in the global market. Under President Shavkat Mirziyoyev's leadership, GDP growth rates are reportedly stabilizing.

Measures to support the private sector and attract foreign investment are said to be diversifying the economy. Large-scale projects in energy, agriculture, and transport are allegedly being implemented.

According to experts, Uzbekistan's geographical location in Central Asia and its natural resources remain key factors in enhancing economic potential. However, internal challenges such as inflation and currency market fluctuations persist.

The government's strategy until 2030 allegedly sets targets to double economic growth and increase household incomes. Cooperation with international financial institutions is purportedly ongoing.

Source: www.aljazeera.com