Uzbekistan president orders mobilization scenario amid global risks
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President Shavkat Mirziyoyev ordered the preparation of budget, investment, and export programs for 2027 under a new "mobilization scenario" due to global economic uncertainty, the presidential press service reported. The move comes as slowing economic activity in partner countries threatens Uzbek enterprises, particularly exporters. Officials are instructed to mobilize reserves to mitigate potential risks.
Mobilization Scenario Details
The mobilization scenario involves creating an Economic Council and nine working groups covering key sectors. By August 15, these groups, together with think tanks, must develop scientifically grounded proposals for industries and regions. The proposals will target the interconnected development of the "resources — infrastructure — project — production — budget revenue — export" chain.
Government Response and Risks
Ministers, industry heads, and regional governors (khokims) reported on their plans to implement the president's directives. The move follows earlier reports that most regions failed to curb price growth, with only one region meeting the target. The new scenario aims to address vulnerabilities exposed by global economic headwinds.
What's Next
Working groups are to submit proposals by August 15, after which the Economic Council will coordinate implementation. It remains unclear whether the mobilization scenario will be sufficient to offset external shocks, given past difficulties in controlling inflation and sustaining export growth.
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Uzbekistan president orders mobilization scenario amid global risks
