25/10/2022 - 11:34 1460

In order to qualitatively ensure the fulfillment of the goals and objectives defined by the Decree of the President of the Republic of Uzbekistan Shavkat Mirziyoyev № PD-60 “On the development strategy of New Uzbekistan for 2022-2026”, show our international partners and the global business community how we have sustained and augmented these sweeping changes during a period marked by geopolitical tensions, trade disruptions, environmental crises and the continuing effects of Covid-19, on November 3-4 in the historic Silk Road outpost of Samarkand, the Uzbekistan Economic Forum 2022 is being organized on the topic “People at the heart of economic reforms”.

This important international event is a logical continuation of the Uzbekistan Economic Forum 2021, which was held a year ago in Tashkent in order to acquaint the world with the large-scale reforms carried out by the country to develop a stable and growing economy, expand the role of the private sector, liberalize currency and trade rules and strengthening ties with the international community.

The event will provide a deep dive into the essence of ongoing reforms to achieve the ambitious goals set in the Strategy, through an open, inclusive approach that reaches across all parts of society, in a roadmap aimed at creating a more prosperous and sustainable economy and society.

  The two days of frank and open talks will be led by high-ranking leaders and experts from international financial institutions and development organizations including the World Bank, the International Monetary Fund, the Asian Development Bank, the International Finance Corporation and the European Bank for Reconstruction and Development, as well as NGOs, government representatives, private sector leaders and investors.

The expert presentations and open discussions will focus on the implementation of reforms identified in the country’s development strategy, organized along the following themes:

• Macroeconomic: Systemic reforms for sustainable economic growth, financial benefits and the importance of the transition to a green economy; ensuring the consistency of fiscal and monetary policies;
• Social: Carrying out a purposeful and targeted policy of social protection of the population and ensuring the continuity of poverty reduction;
• Private Sector: Presentation of a draft of a new comprehensive program for the development of small and medium-sized businesses, privatization of state-owned enterprises and reform of the banking sector;
• Public-Private Partnerships: Priority projects in the context of industries and territories, increasing the efficiency of ongoing projects;
• Market Liberalization: Creation of a healthy competitive environment, development of the financial market, improvement of land relations and more.

There will also be an exchange of views on global trends, including mitigation of climate change, food security, inflation as well as supply chain and logistics issues for Central Asia and Uzbekistan. Panels and roundtable discussions scheduled include:

• Macroeconomic Stability and Sustainable Growth: A New Phase of Structural Change;
• Fuelling Economic Growth: Focus on the Private Sector;
• Financial Markets Development: Tools and Goals;
• The Necessity of Transitioning to a Green Economy;
• The Demographic Dividend and Human Capital: from Risks to Opportunities;
• Trade, Connectivity and Industrial Policy;
• Infrastructure Development: Unlocking the Potential.

A number of special Partner Events will also take place in parallel with the main sessions. They include:

• Sustainable Development: An Integrated National Financing System for the Republic of Uzbekistan, in cooperation with the UN Development Program;
• Development of the Market for Microfinance Services in cooperation with the Asian Development Bank and International Finance Corporation;
• Uzbekistan Investor Day, held by TBC Bank, one of Georgia’s leading financial institutions.

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