Uzbekistan has announced a five-part business reform plan, with nearly €1 billion in explicitly earmarked funding across measures covering finance, artificial intelligence, exports and business expansion.
President Shavkat Mirziyoyev presented the measures during his annual open dialogue with entrepreneurs in Khiva, in western Uzbekistan, on Entrepreneurs Day, marked in the country on 20 August.
Around 25,000 business representatives took part from across the country, including via district studios. The format was launched five years ago.
Over that period, the business loan portfolio has nearly tripled to about €33 billion and investment by companies in fixed capital has also tripled, according to official figures.
"Today, our entrepreneurs are moving from the stage of 'starting a business' to that of 'growing their capital'," Mirziyoyev said.
