{"id":58710,"date":"2026-02-02T12:52:37","date_gmt":"2026-02-02T12:52:37","guid":{"rendered":"https:\/\/pakistanintheworld.pk\/live\/?p=58710"},"modified":"2026-02-02T12:52:37","modified_gmt":"2026-02-02T12:52:37","slug":"address-of-president-of-uzbekistan-strategic-vector-of-the-countrys-future-development","status":"publish","type":"post","link":"https:\/\/pakistanintheworld.pk\/live\/address-of-president-of-uzbekistan-strategic-vector-of-the-countrys-future-development\/","title":{"rendered":"Address of President of Uzbekistan: Strategic vector of the country\u2019s future development"},"content":{"rendered":"

\"\"By Eldor Aripov<\/strong><\/p>\n

\"\"The Address of President Shavkat Mirziyoyev to the Oliy Majlis and the people of Uzbekistan goes far beyond the scope of a routine annual political speech in its significance. It constitutes a strategic policy document that marks the country\u2019s transition to a qualitatively new stage of development \u2013 the institutional consolidation of reforms and the formation of a sustainable growth model oriented toward the long term.<\/strong><\/span><\/p>\n

Over the past decade, Uzbekistan\u2019s economy has undergone an accelerated process of qualitative and systemic transformation. While in the mid-2010s the country\u2019s nominal gross domestic product stood at approximately USD 60-65 billion, it has now reached USD 145 billion, as noted in the President\u2019s Address. In practical terms, this represents more than a twofold expansion of the nation\u2019s economic scale over an unprecedentedly short historical period.<\/p>\n

In recent years, average annual economic growth has consistently remained at around six percent. This reflects not only the preservation of positive momentum, but also the economy\u2019s capacity for sustained growth amid external shocks \u2013 including the pandemic, disruptions to raw material supplies and logistics chains, and global inflationary pressures.<\/p>\n

Sectoral indicators corroborate this assessment. Over the past decade, industrial output has more than doubled, whereas in the early 2010s industry played a largely auxiliary role relative to the commodity-based and agricultural sectors. Today, mechanical engineering, the electrical equipment industry, and the chemical sector make a stable contribution to the economy, while the share of processing and manufacturing activities in the GDP structure has already exceeded 80 percent.<\/p>\n

The dynamics of the agricultural sector are equally indicative. Whereas ten years ago production volumes remained the primary benchmark, today \u2013 as emphasized in the President\u2019s Address \u2013 the priority has shifted toward processing and the export of finished products. The expansion of fruit and vegetable processing and the growth of food exports are shaping a more resilient development model, reducing the economy\u2019s dependence on fluctuations in harvest yields and prices.<\/p>\n

Investment dynamics also reflect qualitative change. In recent years, investment in fixed capital has been growing at a rapid pace and has reached levels well above historical averages, whereas in the early 2010s this indicator was significantly lower. At the same time, the composition of investment has shifted: while previously it was concentrated primarily in infrastructure and state-led projects, a substantial share is now being directed toward industry, energy, transport, and digital solutions. As a result, investment is beginning to support not only current growth, but also the formation of the country\u2019s future productive base.<\/p>\n

External trade dynamics further reinforce this picture. Over the past decade, Uzbekistan\u2019s export revenues have more than doubled: whereas in the mid-2010s exports of goods and services stood at approximately USD 12\u201313 billion, in recent years they have consistently exceeded USD 24\u201325 billion. Crucially, this growth has been driven not only by favorable price conditions, but also by changes in the structure of export supplies.<\/p>\n

President Uzbekistan Emphasized Socio-Economic Development, Citizen’s Wellbeing, Economic Competitiveness of Country in Address to Oliy Majlis<\/a><\/p><\/blockquote>\n