🇺🇿 Uzbekistan: market & economy news today

Uzbekistan launches first business census, running until 30 November

The first census of business entities began in Uzbekistan on 15 October. The aim is to collect accurate assessment of economic activity in the country. The unobserved economy was earlier estimated at 23%. In agriculture, it accounts for 60% of total turnover.

Saida Mirziyoyeva to chair Investors' Council in energy sector of Uzbekistan

Uzbekistan will establish an Investors' Council for the fuel and energy sector, to be chaired by head of the Presidential Administration Saida Mirziyoyeva. The council will address investors' problems promptly, from land allocation and grid connections to the commissioning of facilities.

IMF raises Uzbekistan’s economic growth forecast but expects wider account deficit

The International Monetary Fund raised its forecast for Uzbekistan’s economic growth from 6.8% to 7.8% for 2026 and from 6% to 6.5% for 2027. It expects inflation and unemployment to fall but the current account deficit to widen.

Uzbekistan appoints first permanent representative to African Union

Ashraf Khodjaev became Uzbekistan’s first permanent representative to the African Union, which unites 55 countries. He is the country’s ambassador to Qatar, South Africa, and Ethiopia.

Condor Announces Closing of C$72 Million Financing to Fund Infrastructure Investments for Field Compression in Uzbekistan and Modular LNG Facilities in Kazakhstan

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, Oct. 15, 2026 (GLOBE NEWSWIRE) — Condor Energies Inc.

President of Uzbekistan proposes new economic philosophy “O‘Z”

President Shavkat Mirziyoyev called for a stop to distinguishing between foreign and domestic investors, saying that “capital, advanced ideas and honest work have no nationality”. He proposed a new economic philosophy called “O‘Z” and assured investors that their businesses would be protected.

Inflation rises to 0.7% in September, makes up 4.2% since beginning of 2026

In September, prices in Uzbekistan rose 0.7%, up from 0.2% in August. Since the beginning of the year, inflation slowed to 4.2% from 5.1% a year earlier. Over the past year, price for propane for cars grew by 49%, tomatoes by 55%, petrol by 20% and meat by 18%.

Uzbekistan Gas Exports Fall 35% as Imports Rise

Uzbekistan is spending more on gas imports while earning less from exports. In January-August 2026, exports of natural and manufactured

With Uzbekistan open for business, investors watch reform staying power

Almost a decade of economic reform has helped its growth outpace that of most ex-Soviet peers.

Analysis-With Uzbekistan open for business, investors watch reform staying power

Uzbekistan bets on tax breaks and new rules to become Central Asia’s tech gateway

A new business framework is intended to let foreign companies test innovative products, recruit international specialists and expand across regional markets. Investors see opportunities, while authorities finalise the rules ahead of a planned launch in early 2027.

Middle class expands rapidly, but prosperity rises unevenly — World Bank report

Uzbekistan has significantly reduced poverty over the past years, but the quality of jobs needs to improve. The middle class has nearly doubled, while prosperity remains uneven across regions, according to a new World Bank report. Key findings and recommendations.

Tashkent apartment buildings to undergo energy audits with World Bank participation

Apartment buildings in Tashkent will undergo energy audits involving World Bank specialists. Experts will assess the technical and energy condition of the buildings, identify sources of heat loss and develop solutions to address them.