1. By Kadirova Nargiza Arifovna Bukhara State University
Political, Social and Economic Development of the Republic of Uzbekistan
By Kadirova Nargiza Arifovna
Bukhara State University
Bukhara

2. Country profile UZBEKISTAN
Area: total 448,9 thousand sq.km
Land boundaries: total 6,221 km
Population: 30 million
Density of population: 49 per km2
Capital: Tashkent
Structure: Autonomous Republic of Karakalpakistan, 12 provinces, 226 cities and districts
Official Language: Uzbek
Widely used: Russian, Karakalpak
English is popular among young
generation.
National currency: Sum (1 sum=100 tiyin)
The Republic of Uzbekistan is situated in the central part of Central Asia between two rivers: the Amudarya and Syrdarya. The Turan Lowland lies to the northwest, and the Tien-Shan and Pamir-Alay mountain ranges are located in the southeast of the territory.

3. Public Holidays January 1 – New Year March 8 – Women’s Day
March 21 – Navruz
May 9 – Memorial Day
September 1 – Independence Day
October 1 – Teacher’s Day
December 8 – Constitution Day
Religious Holidays with varying dates
Ramadan Khait
Kurban Khait

4. Political structure
The President of the Republic of Uzbekistan The President of the Republic of Uzbekistan is the head of the state and is responsible for coordinated operations and interaction of bodies of State power.

5. Political structure
Oliy Majlis of the Republic of Uzbekistan The Oliy Majlis of the Republic of Uzbekistan is the supreme state representative body that exercises legislative power and consists of two chambers – the Senate (Upper chamber) and the Legislative Chamber (Lower chamber).

6. of the Republic of Uzbekistan
Political structure
Cabinet of Ministers
of the Republic of Uzbekistan
The Cabinet of Ministers – the government of the Republic of Uzbekistan – is the executive power of the Republic of Uzbekistan, which ensures efficiency of economy, social sector and safeguards moral values, implementation of laws, others decisions of the Oliy Majlis, decrees and orders of the President of the Republic of Uzbekistan.

7. Priorities outlined by the Constitution
of the Republic of Uzbekistan adopted in December 8, 1992
promotion of values of democracy and secular civil society
protection of human rights
creation of a socially oriented free market economy

8. Political and Economic Stability
From the very day of independence, Uzbekistan selected its own course of development, thanks to which, country has achieved :
Macroeconomic stability
Steady, average 8%, internal factors based economic growth
3 times reduced aggregate tax burden
Creation of sustainable banking system
Development of high tech industries

9. Principles of State Development and Economic Reforms in Uzbekistan
Priority of economy over policy
Government is the major reformer during transition period to market economy
Superiority of law
Strong social policy is a constituent element of market economy
Stage-by-stage reformation

10. Demographics
Uzbekistan is multiethnic country with more than 100 ethnic groups.

11. Demographics
Uzbekistan is remarkable for relatively young population and high share of working age population
The country has a significant level of educated population which provides a good based for technically competent local workers.
Share of working age people is 54% (much more than world average)
Share of retired population – 7%
Share of under working age people – 39%

12. Religious Tolerance
The policy of Uzbekistan, one of the Islamic Culture Centers of world, is making on the groundwork of the interreligious and interethnic consent.
Over 130 nations of 16 confessions are living in the country.
More than religious Organizations are officially registered in Uzbekistan.

13. Religious diversity
The right of each person to religious belief is ensured by Uzbek Constitution and the Law on freedom of conscience and religious organizations. There are offered necessary conditions for legal equality, economic and social freedom of all citizens of the country without reference to their national origin and religious affiliation.
88% of the population of Uzbekistan are Muslims
9% - Orthodox
3% - Other religions

14. Tourism development
Tourism in Uzbekistan is a national priority for sustainable development. Country has great potential for increasing export of tourism services.
more than 1006 organizations are involved in tourism sector of Uzbekistan
506 tour operators
more than 500 hotels
Increase in investments from 236 to 384 bln. sums in past 3 years.

15. Tourism development
Special attention is given to expansion of cooperation with foreign partners in development of domestic tourism industry. A number of marketing project as Mega-info-tours have been organized by “Uzbektourism” to widely present our country’s tourism potential and to increase number of tourists visiting Uzbekistan.
In accordance with program of targeted measures on tourism development and tourism services export potential increase in the regions, works on route, infrastructure, development, project documentation preparation, land allocation, hotels construction completion and other measures for region’s tourism potential development are carried out by responsible local authorities

16. Development in Social sphere

17. Development in Social sphere
Main target of the government is to build a social oriented market economy.
Due to clever and weighted policy of our leader, the average nominal salary is constantly growing each year, as seen on graph below.

18. Development in Social sphere
Also one of the priorities of the country is historically formed deep care for elder population.
This can be observed by:
Social support of elderly people;
Growth of average pensions from 218,5 to 404,3 thnd. sums during ;
Providing address support to elderly in need by Makhalla authorities;
Declaration of year of older generation, during which government allocates additional resources to support them.
All this is just an additional support to traditional veneration of old people, as a part of Uzbek national culture.

19. 65 universities and institutions
HUMAN RESOURCES AND
INTELLECTUAL POTENTIAL
65 universities and institutions
850 directions
300 thousand students
affiliates of key foreign universities:
Moscow State University
Westminster International University
Singapore Institute of Management Development
Turin Polytechnic Institute
Oil&Gas Institute named after Gubkin

20. Natural Resources
Uzbekistan possesses richest deposits of natural resources.
Over 100 types of minerals are discovered within its boarders. 60 of them are already used in economy.
4th largest gold reserves in the world
7th largest miner of gold in the world
11th largest copper reserves in the world
7th largest uranium reserves

21. Mineral Resources Base of Uzbekistan
Estimated volume of the total mineral resources - $11 trln, only 17% reserves of which are discovered
Estimated uranium reserves - 55,000 tn
Deposits of natural gas – 7.8 trln. cub. m
Gas-main pipelines length – over 13,000 km

23. Annual inflation rates decrease
Stable economic system, empowered by strong legislation has led to steady decline in national currency inflation rates for the past several years.
If in December 2011 average inflation level was – 7,6%
In December 2012 it dropped to 7,0%
In December 2013 – 6,8%
In December 2014 – 6,1%
Monthly average inflation during that period dropped from 0,6% to 0,5%

24. Growth of GDP of Uzbekistan
One of the most important indicators of country development is its GDP (Gross Domestic Product).
Uzbekistan has been demonstrating a dynamic GDP growth for the whole period since its independence.
Statistics show that:
in 2011 GDP was 78,8 bln.sums,
in 2012 it grew to 97,9 bln.sums,
in 2013 – 120,9 bln.sums,
in 2014 – 144,9 bln.sums.
That is it almost doubled in four years period.

25. The highest growth in economy of the country was in sectors of:
GDP growth by sectors of economy
The highest growth in economy of the country was in sectors of:
Industry – from 18,9 bln.sums in 2011 to 34,8 bln.sums in 2014
Agriculture – from 14 bln.sums in 2011 to 24,9 bln.sums in 2014
Transport – from 9,2 bln.sums in 2011 to 16,5bln.sums in 2014
Trade – from 7,3 bln.sums in 2011 to 12,4 bln.sums in 2014

26. Foreign investments climate
The investment legislation of the Republic of Uzbekistan is one of advanced amongst legislations of the CIS countries. It comprise major provisions of the international investment law, in particular, regulations.
The following laws form the basis of regulatory framework of foreign investments in the Republic of Uzbekistan:
Law: “On Foreign Investments”;
Law “On Investment Activities”;
Law “On Guarantees and Measures of Protection of Rights of Foreign Investors”,
as well as several legal acts adopted in the form of resolutions of the President of the Republic of Uzbekistan and government regulations.

27. Major Foreign investors
CNPC
Over 4200 enterprises

28. Foreign trade balance
One more significant goal of Uzbekistan’s effective policy is diversification of foreign trade.
Unlike some of the former Soviet Union states, Uzbekistan set the following targets in its external trade:
Decrease the level of raw materials export;
Increase final goods export;
Localize productions and substitute export where possible;
Provide conditions for positive trade balance (export>import)
Structure of import for the 1st qt. 2015
Structure of export for the 1st qt. 2015

30. References: www.gov.uz www.mfer.uz www.investuzbekistan.uz www.fiez.uz

31. Thank you!