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Before COVID-19 pandemic, Uzbek economy has advanced significantly:
- foreign trade increased from 24 billion $ in 2016 to almost 42 billion $ in 2019
- Uzbekistan jumped from rank 87 in 2016 to rank 69 in 2020 in the World Bank Ease of Doing Business ranking.
- according to the World Bank, foreign direct investments (FDI) increased from 2% of GDP in 2016 to almost 4% of GDP in 2019.
The 5-year Strategy and Roadmap
In 2020, Uzbekistan leadership announced a new, large-scale 5-year Strategy and Roadmap to enhance competition in the commodity and financial markets to...
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