ECONOMIC AND FINANCIAL REFORMS IN UZBEKISTAN: KEY DEVELOPMENTS AND COMPARISONS

Uzbekistan’s comprehensive reform program, initiated under H.E. President Mr. Shavkat Mirziyoyev, is designed to modernize the country’s economy and attract foreign investment. These reforms focus on capital market development, privatization of state-owned enterprises, and legal changes to ensure the protection of foreign investors. This article examines the progress and challenges of these reforms, offering a comparison with other emerging markets to highlight Uzbekistan's position and growth trajectory in the global economy.