Uzbekistan has released the draft decrees and state programs for the "Uzbekistan-2030" strategy, focusing on supporting youth, fostering business growth, and implementing environmental measures. The documents, currently open for public discussion on www.uzbekistan2030.uz, outline a comprehensive roadmap for the nation's development.
Starting March 1, 2024, the proposed measures include:
- Constantly informing the public, especially individuals with health vulnerabilities, about preventive measures during dust storms.
- Mandatory requirements to control dust and sand particles in construction areas exceeding 500 square meters and on entry and exit roads.
- Ban on the movement of specific cargo vehicles with a total weight exceeding 10 tons in Tashkent.
- Gradual restriction on the operation of vehicles not meeting "EURO-5" and higher standards in Tashkent, Nukus, and regional centers by 2030.
Public discussions on these initiatives will continue until February 9, allowing for inclusive input from citizens and experts.
Under the broader "Uzbekistan-2030" strategy, the draft decree outlines key economic goals:
- Ensuring GDP growth not less than 6% and maintaining investments at a minimum of 30% of GDP.
- Launching 309 large projects valued at $18 bn across various economic sectors.
- Managing annual inflation levels below 9% and fiscal deficits below 4%, with subsequent measures to reduce both.
- Allocating credit resources totaling UZS 275 trillion (approximately $22.1 bn) to the economy, including microfinance services amounting to UZS 41 trillion (approximately $3.3 bn).
- Creating conditions to reduce bank loan rates by 2-3 percentage points through market mechanisms.
This strategy emphasizes sustainable economic growth, prudent fiscal management, and targeted investment to drive the nation's development. With a strong focus on environmental measures, Uzbekistan aims to enhance the well-being of its citizens and promote inclusive and resilient economic growth.
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