The draft Development Strategy of Uzbekistan for 2022-2026 has been put up for public discussion

Among its priorities are a 1.6-fold increase in GDP per capita over 5 years, a reduction in inflation from 9.9% to 5%, ensuring that the state budget deficit does not exceed 3%, and a public debt of no more than $ 4.5 billion a year and a proliferation in exports to $ 30 billion.

The Ministry of Justice has developed a draft presidential decree "On the Development Strategy of the New Uzbekistan for 2022-2026" in connection with the expiration of the Action Strategy for 2017-2021.
The document is based on Shavkat Mirziyoyev's election program and will be open to the public until January 14.

The third priority of the proposed Development Strategy is the development of the national economy and the macroeconomic indicators planned for the next 5 years to ensure its growth at the level of modern requirements.

For the following five years, GDP per capita is aimed to escalate by 1.6 times – approximately over $ 3 thousand US which at the end of 2021 this figure demonstrated about $ 1.9 thousand US.

At the same time, it is planned to boost the per capita income by $ 4,000 by 2030 and to create a basis for joining the ranks of "above-average countries."
By 2023, it is intended to achieve macroeconomic stability while steadily abating annual inflation to 5%, which, at the moment, is at 9.98%.

In addition, the target is to keep the state budget deficit below 3% of GDP by 2023, which is now about 6%.

It also intends to limit the amount of new external debt raised in the context of public debt management to $ 4.5 billion per year. According to economist Otabek Bakirov, this exclusively relates to public debt, with no limits on debt held by the state or state-controlled enterprises.

By 2026, exports are predicted to have soared to $ 30 billion, up from $ 16 billion presently.

Over the following five years, it seeks to lower the unemployment rate by at least twice (currently around 9.5 %), poverty by at least twice (now around 15 %), and the tax burden by at least 25% (now around 30%).