Economic growth

Uzbekistan's $160 Billion Bet: How Global Partnerships Are Remaking a Nation


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Host: Today, we're spotlighting Uzbekistan's significant economic transformation. Since 2017, the nation has embarked on ambitious reforms, shifting from a relatively closed economic model towards active integration with the global economy.

This isn't just policy talk; it's translating into real growth. With average GDP growth hitting around 5.3% annually since the reforms began, Uzbekistan is outpacing many peer economies.

The core driver identified in recent analyses? International Economic Cooperation. It's viewed not just as a result of the changes, but as a key engine for modernization and achieving the country's strategic goals.

Looking ahead, the "Uzbekistan – 2030" strategy sets bold targets: doubling the GDP to $160 billion and reaching an upper-middle-income status with $4,000 per capita income. Achieving this hinges heavily on continued and deepened international partnerships. Sectors like IT and digital infrastructure, benefiting from international cooperation, are highlighted as particularly vital for future economic development.

In essence, Uzbekistan's story is increasingly one where global engagement is central to unlocking its economic potential and achieving its ambitious vision for 2030.


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Economic growthBy Elyor Urozaliev