Saturday, 27, December, 2025

"Over the past nine years, you and our people have come a long way. Our economy has been rebuilt, we have expanded market relations and social protection, and strengthened the rule of law. Most importantly, the results of the reforms are felt in every mahalla, in the home of every person."

“The year has been very challenging. It passed under difficult conditions, with the world undergoing changes that no one could have imagined just recently. There is economic confrontation between countries, and security threats are growing.”

"No matter how difficult it has been, the democratic reforms that began have continued resolutely."

“The tireless work of the people, friendly foreign policies, and the work of mahallas, which is the foundation of democratic reforms and a phenomenon that has astonished the world.”

“Despite disruptions in global production and transport supply chains, as well as rising prices of raw materials and financial resources, the Uzbek economy is continuing to grow steadily.”

"Nine years ago, $100 billion seemed enormous for our economy. This year, our GDP exceeded $145 billion for the first time."

“Meanwhile, the Uzbekistan-2030 Strategy, adopted two years ago, set a goal of increasing GDP to $160 billion by 2030. The President stated that there is potential to exceed $240 billion within five years.”

“Amid a shift in the global trading system, Uzbekistan's exports increased by 23% last year, reaching $33.4 billion. Foreign exchange reserves exceeded $60 billion for the first time.”

“Foreign investment in Uzbekistan's economy reached $43.1 billion. The ratio of total investment to the GDP now stands at 31.9%. This will provide the foundation for continued sustainable economic growth in the coming years.”

“The year 2025 will be a year of major changes in terms of improving infrastructure that serves the well-being of the population and business development.”

“Electricity production increased to 85 billion kilowatt-hours. In 2016, this figure was 60 billion—if this level had been maintained, we would not have been able to provide 38 million people with energy and double the economy."

“Water supply has been improved in the regions—this year, drinking water was supplied for the first time to 715,000 households in 188 districts, and water supply was improved for approximately 2.3 million residents. Water for irrigating garden plots was supplied for the first time to 470,000 households in 867 difficult districts.”

“In 2025, 8.1 million square meters of housing were built, with individuals also building 19 million square meters of housing. Businesses built 24 million square meters of non-residential buildings.”

“In total, 210 million square meters of new housing were commissioned over the nine years. The president noted that 5 million people were employed this year, and the unemployment rate dropped from 5.5% to 4.9%. Nearly 1.5 million people in need have been lifted out of poverty, and 1,435 districts have become "poverty-free" for the first time.”

“The poverty rate in our country has decreased from 8.9% at the beginning of the year to 5.8%. As a result, the goal of halving poverty by 2026, set three years ago, has been achieved. "When we began this work, a third of the population lived below the poverty line."

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