Nearly €1bn earmarked as five-part plan targets business growth, AI and exports

AI Summary

President Shavkat Mirziyoyev announced a €1 billion plan featuring five measures to boost business growth, AI development, and exports in Uzbekistan. The plan includes regulatory easing, energy prepayment reductions, credit guarantees, and improved access to capital markets.

President Shavkat Mirziyoyev announced the measures at annual dialogue with entrepreneurs in Khiva. They include lower energy prepayments, new credit guarantees and easier access to capital markets, alongside regulatory changes that will limit inspections and shift the burden of proof to the state.