Uzbekistan’s president orders measures to shield economy from external shocks

Uzbekistan’s President Shavkat Mirziyoyev has instructed the government and regional leaders to implement a set of anti-crisis measures in response to a sharp deterioration in the international situation. Officials are to assess risks in advance and operate under multiple scenarios to mitigate the impact on the national economy.

According to the President’s press service, a review of first-quarter economic indicators highlighted that global instability is affecting industries, foreign trade, and prices. Immediate tasks include keeping inflation within 6–6.5%, promptly importing food products, resolving logistics issues, and using alternative transport routes.

In response to the surge in global oil prices, authorities are to monitor transportation and petrochemical costs. Exporters facing shipping disruptions are to be offered air freight options and preferential tariffs, along with strengthened cooperation with neighbouring countries on transport and trade. In the investment sector, daily monitoring of each project and direct dialogue with investors is required.

The President called on all officials for “proactive work,” identifying risks before they escalate and strictly implementing plans to minimise consequences. Specific instructions were given across industry, export, banking, and construction sectors.

By Vugar Khalilov