At a meeting chaired by the President of Uzbekistan, measures to sustain and support economic growth were discussed

President Shavkat Mirziyoyev was presented today with information on measures to ensure projected economic indicators for the first quarter of 2026 and to mitigate the negative impact of the unstable global market situation on the national economy, according to the Dunyo news agency.
According to the presidential press service, in the first two months of the year, industry grew by 7.7%, the services sector by 15.4%, exports reached 3.5 billion US dollars, and 8.3 billion US dollars in foreign investments were attracted.
Since the beginning of the year, an additional 2.3 trillion soums and 500 million US dollars from the state budget have been allocated for the socio-economic development of nine regions. For 33 districts and 330 mahallas with the “New Uzbekistan” image, 3.9 trillion soums have been allocated to local budgets. For 37 challenging districts and 903 mahallas, a total of 3.9 trillion soums and an additional 1.3 trillion soums from local budgets have been directed. At the first stage, 1 trillion soums was allocated for the implementation of 283 “driver” projects.
By the end of the year, a total of 1.2 trillion soums will be allocated for infrastructure development projects in busy streets, coastal and roadside areas; 450 billion soums for improving infrastructure in 150 mahallas with high tourism potential; and 150 billion soums for creating 50 industrial micro-centers in 400 mahallas.
At the same time, it was emphasized that the rapid deterioration of the international situation is putting additional pressure on the stability of economic sectors, foreign trade routes, and import prices. It was noted that under such conditions, each sectoral and regional leader must assess the situation in advance and act proactively based on different scenarios.
The importance of keeping inflation within 6–6.5% this year was highlighted.
In particular, it was noted that the sharp rise in global oil prices is affecting the cost of transport services and petrochemical products, while prices for polyethylene and polypropylene are also increasing. In this regard, tasks were set to take prompt measures to import essential food products, resolve transport and logistics issues, and use alternative routes.
At the same time, the importance of promptly addressing entrepreneurs’ problems related to raw materials, sales markets, and access to credit was emphasized.
It was noted that one of the main concerns of exporters is transport and logistics, as disruptions in cargo transportation and rising costs due to current global developments are causing serious difficulties.
In this regard, instructions were given to strengthen cooperation with neighboring countries on transport and trade issues, organize food exports by air, and introduce preferential tariffs for entrepreneurs.
The issue of foreign investments was also discussed in detail. It was noted that the tense international environment may affect the implementation of certain projects. Therefore, a task was set to continuously monitor each ongoing project and maintain daily dialogue with investors.
The dynamics of loans allocated to support businesses in the banking and financial sector were also reviewed.
The head of state emphasized that despite the positive dynamics, no leader has the right to relax. In the current complex situation, it is necessary to identify risks in advance, work based on clear plans to minimize them, and promptly resolve emerging problems in sectors and regions without waiting for them to escalate.
Specific instructions were given to responsible officials to curb inflation, ensure industrial and export performance, accelerate investment project implementation, and eliminate potential issues in the banking system and construction programs.