Uzbekistan to disburse $43bln of investments in 2025
Since 2017, Uzbekistan has attracted $188 billion of investments from all sources, $87 billion of which are foreign investments. This is what President of Uzbekistan Shavkat Mirziyoyev said at a meeting to discuss achievements in investment sector and tasks for 2025, Kazinform News Agency reports.
As the press service of the President of Uzbekistan informed, in 2024, investments in economy surged 1.3fold exceeding $36 billion. Due to this, 560 major and medium projects worth a total of 70 trillion soms (or nearly $5.4 billion) have been commissioned.
As an official statement reads, next year Uzbekistan plans to disburse $43 billion of investments, which will let implement more than 300 major projects and start manufacturing 662 new products capable of competing with imports. Export and logistics chains are becoming more complex, and demand for finished products in key export markets is declining. Amid such conditions, the country needs to mobilize domestic resources to accelerate the paces of economic growth.The goal by 2030 is to double the annual exports volume raising it to $45 billion.
Earlier, the Senate of Uzbekistan approved the country’s budget for 2025. Consolidated budget revenues are expected to make 431 trillion soms (about $33.4 billion), and expenditures are expected to be at 480.5 trillion soms ($37.3 billion).
In 2025, Uzbekistan will continue to export electricity to Afghanistan.
