Economics Hot News

8 September 16:24

Uzbekistan to supply 900 million kWh of electricity to Kazakhstan in 2026.

The electricity volume is intended to cover expected shortages in the southern energy region of the neighboring country..

8 September 14:27

Uzbekistan pledges broader support for Afghanistan's energy sector.

Kabul has hosted the first conference dedicated to attracting investment and supporting Afghanistan’s energy sector..

8 September 08:05

Dynamics of Uzbekistan’s Economic Development and the Formation of New Growth Drivers

In an interview with the “Uzbekistan 24” TV channel, Director of the Center for Economic Research and Reforms (CERR) Obid Khakimov emphasized that the reforms implemented in recent years have become the main driver of economic growth.

8 September 03:37

Tesla-Killer Batteries Don’t Belong With BYD

Bloomberg reports that the Chinese automaker BYD would benefit from hiving off its FinDreams unit.

Economics News

Gov’t streamlines land sales with online auctions.

The Cabinet of Ministers has approved additional measures to improve the sale of land plots through electronic auctions and the provision of state services in the cadastral sector..

6 September 14:30

Saving for bricks and walls – how many years does it take to buy a home in Uzbekistan?.

Housing prices and average monthly salaries vary significantly across Uzbekistan. For example, the price of a new 60-square-meter apartment in Navoi region equals 58 average monthly wages. In Samarkand region, however, a person earning the average salary would need to work 151 months (12.5 years) without spending on anything else to afford a similar two-room apartment..

6 September 12:17

Uzbekistan adopts new rules for calculating customs value of exports.

The government has explicitly prohibited the use of arbitrary or fictitious customs values..

5 September 19:16

Uzbekistan to introduce zero VAT rate on farm products from 2026.

From 1 January 2026, agricultural producers in Uzbekistan will be exempt from value-added tax (VAT) when selling self-produced goods – excluding grain and cotton. The mechanism for refunding VAT paid on inputs such as seeds, fertilizers, fuel, transport, and electricity will remain in place..

5 September 13:53

Housing prices in Tashkent city fall 14 percent in H1 2025.

In the first half of 2025, apartment prices in the primary market fell by nearly 14 percent in Tashkent city and by 9 percent in Tashkent region. Meanwhile, significant price growth was observed in the Republic of Karakalpakstan, Khorezm, Jizzakh, Samarkand, Syrdarya, and Surkhandarya regions..

5 September 12:51

Demand for China flights surges 46 percent as visa-free regime boosts travel.

This autumn, flight bookings from Uzbekistan increased by 12 percent, according to the ticketing service Aviasales.uz..

5 September 12:12

Gold bar prices reach record highs in Uzbekistan amid global uncertainty.

Global uncertainties have driven demand for precious metals to record highs, which is also reflected in the Central Bank’s gold bar prices. The price increase accelerated this week, climbing 5 percent. Since the beginning of the year, gold bars have gained 29 percent, and compared to last month, the rise amounts to 3.4 percent..

5 September 11:58

Deputy Prime Minister directs measures to regulate car prices in Uzbekistan.

Deputy Prime Minister Jamshid Khodjaev has instructed the Competition Committee to develop proposals for “standardizing and regulating” car prices after canceling inspections at the Piskent automotive testing site. The committee has one month to study prices among local manufacturers and official and unofficial dealers..

4 September 16:34

Uzbekistan and China to develop innovation center in Jizzakh for modern agriculture and tourism.

An Uzbekistan–China innovation center worth $400 million will be constructed in Jizzakh region, with the first phase scheduled to begin in early 2026 on a 30-hectare site..

4 September 14:37

AIIB approves $173 million for road upgrade in Karakalpakstan and Khorezm.

The project aims to boost regional economic development, improve transport connectivity, and enhance access to social services..

4 September 14:24

Number of families receiving energy subsidies rises sharply in July.

The number of low-income households receiving compensation for electricity and gas bills in Uzbekistan rose sharply in July, according to the National Agency for Social Protection..

4 September 14:21

Gas supply to Fergana Valley stations to be temporarily suspended during pipeline works.

Gas supply to parts of the Fergana Valley will be temporarily restricted on 5–6 September due to connection works on a newly built section of the main pipeline, the Energy Ministry said..

4 September 12:21

China’s Chemicals Makers Reap Reward of Shift From Oil to Coal

Bloomberg reports that falling coal prices are shifting the profitability of China’s chemicals sector, away from traditional oil-based producers to the growing number of plants that use the solid fuel as their feedstock.

4 September 03:48

Uzbekistan expands green energy cooperation with China.

Uzbekistan and China have agreed to deepen cooperation in the energy sector, with plans to build pumped-storage power plants, construct new transmission lines, and train specialists in renewable energy. The initiatives aim to address electricity shortages and strengthen Uzbekistan’s green energy capacity..

3 September 16:50

Uzbekistan considers cashback system for housing purchases .

In Uzbekistan, the introduction of a cashback system for housing purchases is under consideration. The issue was raised on 29 August during an open dialogue organized by the Chamber of Commerce and Industry with representatives of the construction sector..

3 September 10:51

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