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2 clusters · 2 sources · 27 days · First seen · Last updated

Uzbekistan economic reforms

Overview

In early July 2026, Uzbekistan announced measures aimed at attracting long‑haul tourists, introducing new flight routes and incentives designed to encourage higher‑spending visitors. By the end of the month, the government shifted focus to broader fiscal changes, proposing a set of tax reforms for 2027 that would eliminate a 1 % cashback scheme, impose a 5 % tax on bank‑deposit interest, and move personal income tax to a progressive structure while maintaining a 15 % corporate profit tax. Concurrently, officials suggested raising public‑transport fares to better reflect costs, citing large subsidies that could require up to 1.9 trillion soms annually to sustain. These announcements illustrate Uzbekistan’s coordinated effort to stimulate tourism while restructuring its tax and transportation financing systems.

Entities

Uzbekistan · Fiscal Analysis Institute · Ministry of Economy and Finance of Uzbekistan

Timeline

  1. 26 days ago

    [BUSINESS] 2 sources
    Uzbekistan proposes major tax reforms and higher bus fares

    Uzbekistan's Fiscal Analysis Institute plans to scrap 1 % cashback, tax bank deposit interest, adopt progressive income tax, and raise bus fares amid growing subsidy costs.

  2. about 2 months ago

    [BUSINESS] 2 sources
    Uzbekistan targets long‑haul tourists with new flights and higher‑spend incentives

    Uzbekistan aims to boost tourism revenue by attracting long‑haul, higher‑spending visitors, expanding direct flights and offering subsidies, with arrivals projected to reach 11.7 million in 2025.

Sources

olimpiyatkomitesi.org.tr · zamin.uz