RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of April 19, 2024 No. PP-162

About additional measures for reducing participation of the state in economy

In recent years system reforms on reducing participation of the state in economy, increase in share of private sector due to privatization of state-owned property, to creation of conditions for development of entrepreneurship, liquidation of the inefficient and unpromising companies are performed.

In particular, as a result of privatization in 2020 - 2023 4,5 thousand state assets was created more than 20 thousand new workplaces, tax revenues of the privatized companies increased in time 1,3, and net assets in - time 1,5.

For the purpose of ensuring realization of the purposes of Strategy "Uzbekistan - 2030", cardinal reducing participation of the state in economy industries with the developed private sector, creations of favorable competitive environment for activities of private sector, and also further acceleration of processes of privatization:

1. Determine that one of the main objectives of the first heads republican and local executive bodies, economic societies from shares of the state more than 50 percent (further - the companies with the state participation) are continuous increase in share of private sector, privatization of assets in spheres with the created competitive environment, and also the non-core, inefficiently used and empty assets in the sphere.

To agency on management of the state assets (further - the Agency of state assets) together with the Ministry of Economics and finance, Committee on development of the competition and consumer protection (further - Committee on the competition) till September 1, 2024 to provide approval of methodology of assessment of accomplishment of the tasks provided by this Item and on its basis, since the end of 2024, forming and the publication of rating.

2. Approve:

The list of blocks of shares (shares) exposed on the public biddings according to appendix No. 1 *;

The list of real estate objects of the state and the companies with the state participation exposed on the public biddings according to appendix No. 2 *;

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