The government of Uzbekistan has announced a new set of economic reforms expected to lead to price increases for various goods and services. Experts warn that these changes could negatively affect the real incomes of the population.

According to the Ministry of Economy, the reforms primarily target the energy and transport sectors, aiming to reduce state subsidies. This, in turn, is likely to result in higher costs for end consumers.

Analysts point out that while the measures are intended to ensure short-term economic stability, they may undermine the purchasing power of citizens in the long run. Particularly concerning is the lack of additional support for vulnerable groups.

Officials, however, express hope that the reforms will accelerate economic growth rates and create new jobs. Yet these projections remain unsubstantiated by real-sector indicators.

Source: www.bbc.com