In recent years, significant efforts have been made to develop the private sector and attract investment. Currently, the state’s share in the economy stands at 42 percent, with 1,685 state-owned enterprises in operation. Notably, last year, state assets worth nearly 30 trillion soums were privatized, generating over 10 trillion soums in budget revenues. The volume of land plot sales has also grown steadily, reaching 6 trillion soums.
In recent years, significant efforts have been made to develop the private sector and attract investment. Currently, the state’s share in the economy stands at 42 percent, with 1,685 state-owned enterprises in operation. Notably, last year, state assets worth nearly 30 trillion soums were privatized, generating over 10 trillion soums in budget revenues. The volume of land plot sales has also grown steadily, reaching 6 trillion soums.
A system of financial incentives for privatization has been introduced, allowing 2.6 trillion soums to remain at the regional level and 7 billion soums within mahallas. State-owned enterprises contributed 49 trillion soums to the budget in dividends. Overall, the number of state-owned enterprises has decreased by 60 percent over the past five years as a result of privatization.
Analytical approaches remain underutilized in the privatization process. It has therefore been decided to adopt a sector-based approach, involving the analysis of each sector individually, the assessment of socio-economic impacts, the evaluation of the competitive environment, and the development of proposals based on these findings.
