Uzbekistan accelerates reducing the state's share in the economy

A presidential decree dated August 8, 2026 is aimed at reducing the number of enterprises with state participation and expanding opportunities for the private sector. According to UzA, the document became the basis for accelerating privatization processes.

Javlon TursunovFirst published on tafs uz 13 November 2026 at 11:351 min read

The key facts

The presidential decree of Uzbekistan dated August 8, 2026 is devoted to reducing state participation in the economy
The goal is to reduce the number of enterprises with state participation and strengthen the position of the private sector
UzA calls the document an important step for accelerating privatization

What the decree provides for

On August 8, 2026, the President of Uzbekistan signed the decree 'On additional measures to reduce state participation in the economy and accelerate privatization processes.' According to UzA's assessment, the document became an important foundation for reducing the number of enterprises in which the state holds a share and for creating broad opportunities for the private sector.

Context

The agency's publication is limited to a general characterization of the decree: the specific enterprises subject to privatization, deadlines, and target indicators for the state's share in the economy are not given in the report. Thus, about the practical details of implementing the document, only the following is known so far: it is aimed at accelerating privatization processes and strengthening the position of the private sector.