Dear compatriots!

Esteemed deputies and senators!

Honored guests!

Today, as I present the Address to the Oliy Majlis and to our multinational people for the coming year, first of all I am pleased to see all of you in good health and high spirits.

Over the past nine years, together with you and with our people, we have traveled a great path of development. Our economy has been reshaped, market relations and social protection have been expanded, and the rule of law has been strengthened. Most importantly, the results of our reforms are being felt in the daily lives of every neighborhood, every household, and every individual.

In short, we have learned to turn reforms into concrete practical outcomes. This is clearly visible in our cities and villages, which are steadily taking on a new appearance; in modern enterprises; in trade and service centers; in schools, kindergartens, and hospitals; in well-kept streets and neighborhoods; in the transport and logistics system; and in digital services.

Dear citizens!

At a time when the world is undergoing changes that until recently no one could have imagined, when economic confrontation between states is intensifying and threats to security are increasing, we are concluding an extremely challenging year together with you.

Despite how difficult it has been, by resolutely continuing our democratic reforms; thanks to the support of our people and the energy and enthusiasm of our youth; by strengthening the role and influence of the mahalla as the foundation of social unity; by transforming people’s mindset and worldview and further consolidating our nation; through the initiative and courageous labor of our entrepreneurs, farmers, and agricultural producers; and owing to our friendly foreign policy based on mutually beneficial cooperation, we achieved major successes in all spheres in 2025.

First of all, it should be noted that even under global conditions where production and transport-logistics chains have been disrupted and the prices of raw materials and financial resources have risen, our country’s economy continues to grow confidently and steadily.

These results are being recognized by the international community and by reputable international organizations.

Consider this: nine years ago, reaching an economic volume of 100 billion dollars seemed like a very ambitious milestone for us. This year, for the first time in our history, our gross domestic product exceeded 145 billion dollars. Such high achievements clearly demonstrate the tremendous potential of our people and of all of us.

At a time when the “rules of the game” in the global trading system are changing, this year we increased our exports by 23 percent, reaching 33.4 billion dollars. Most importantly, our gold and foreign exchange reserves, which form a solid financial foundation for our reforms, exceeded 60 billion dollars for the first time.

This year, the volume of foreign investments attracted to our economy reached 43.1 billion dollars. The share of total investment in GDP stands at 31.9 percent. This creates a strong basis for our economy to continue growing steadily at high rates in the coming years.

Uzbekistan’s international standing and prestige, as well as its position in international rankings, are steadily strengthening. In particular, leading international rating agencies upgraded our country’s sovereign rating from “BB-” to “BB.”

This may seem like a simple fact to many. However, economists, investors, and bankers clearly understand how significant this achievement is. As a result of this single change, interest rates on external resources decrease by 1–1.5 percentage points, reducing external debt servicing costs by at least 300 million dollars per year.

In addition, in the Technological Readiness Index published by the World Bank, Uzbekistan rose by 71 positions and entered the top 10 countries in the world.

The year 2025 also became a year of major transformations in improving infrastructure that serves to enhance public welfare and foster business growth. In particular, due to a fundamental breakthrough in the energy sector, we increased electricity generation to 85 billion kilowatt-hours.

Just imagine: if we had remained at the 2017 generation level of 60 billion kilowatt-hours, would we have been able to double the size of our economy today? Would it have been possible to meet the growing demand of production and the needs of a population of 38 million?

This year, clean drinking water was supplied for the first time to households of 715,000 people in 188 neighborhoods, and water supply was improved for nearly 2.3 million more residents. In addition, water was delivered for the first time to irrigate household plots of 470,000 families in 867 “difficult” neighborhoods.

This year, multi-storey residential buildings totaling 8.1 million square meters and comprising 135,000 apartments are being commissioned for the population. At the same time, citizens themselves carried out construction on 19 million square meters to improve their living conditions. Business entities built 24 million square meters of non-residential facilities.

Overall, over the past nine years, residential and non-residential facilities with a total area of 210 million square meters have been put into operation.

I am emphasizing these figures not without reason. If we had not found the necessary funding for roads, water, electricity, and other infrastructure; if we had not created favorable conditions for construction workers and building materials enterprises; and if we had not put the mortgage system in place, would such large-scale construction have been possible?

This year, 5 million of our citizens gained stable incomes, and the unemployment rate decreased from 5.5 percent to 4.9 percent. Nearly 1.5 million people in need were lifted out of poverty, and for the first time, 1,435 mahallas became “poverty-free” areas.

A total of 168,000 children from low-income families were admitted to state kindergartens on preferential terms. Starting this year, we introduced an inclusive education system for the first time in 208 kindergartens.

It should be emphasized that the poverty rate in our country declined from 8.9 percent at the beginning of the year to 5.8 percent.

Recall that when we began this work, nearly one-third of our population was living at the poverty line. By establishing a completely new system of social protection through more than 100 services such as loans, subsidies, and compensation and by entrusting their implementation directly to the local “Seven”  at the mahalla level, more than 8.5 million people were lifted out of poverty and unemployment was reduced by half. As a result, we achieved this year the target we had set three years ago to halve poverty by the end of 2026.

When speaking of our most important achievements, it is also fitting to highlight with pride the victories won by our determined and resilient athletes at prestigious international competitions.

First of all, 2025 became a truly historic year for Uzbek football. Our national team qualified for the FIFA World Cup for the first time ever. Our skilled chess players performed with distinction in the World Cup competitions. In particular, the achievement of our young grandmaster Javokhir Sindarov, who became the youngest World Cup champion, fills us all with great pride.

Most importantly, our successes in the chess world did not stop there. Last week, at the World Championships in rapid and blitz chess among players aged 9 to 17, representatives of our country won 5 gold, 2 silver, and 5 bronze medals, taking first place in the overall team standings.

At this year’s Asian Youth Para Games, our courageous and determined athletes won 125 gold, 77 silver, and 52 bronze medals, achieving the highest result among all participating countries.

There is no doubt that our talented young men and women are also making a worthy contribution to the development of our New Uzbekistan through their major achievements in education, science, culture, art, sports, and other fields.

This year, our schoolchildren and students won 51 gold, 101 silver, and 126 bronze medals at international academic olympiads, demonstrating their knowledge and potential to the entire world.

Once again, we sincerely commend these children who are the pride of our nation, as well as their parents and teachers.

As is known, Uzbekistan will host the 46th World Chess Olympiad next year, the FIFA U-20 World Cup in 2027, and the Asian Youth Games in 2029.

At the same time, in 2026, for the first time in our country, prestigious international chemistry and informatics olympiads for school students will be held, along with international olympiads in engineering fields among students of the Shanghai Cooperation Organization member states, and vocational skills olympiads among students of technical colleges of the Turkic states. I am confident that our children will also participate worthily in these competitions.

Such prestigious events serve to transform our Motherland into a country of advanced sports and science and to enhance its international standing and prestige.

In recent times, our country has been increasingly becoming an international platform for dialogue on global issues. In particular, this year we hosted the 150th Anniversary Assembly of the Inter-Parliamentary Union; a session of the UNESCO General Conference; the “Central Asia - European Union” Summit; and the International Climate Forum.

In addition, at the meeting of the leaders of Uzbekistan, Tajikistan, and Kyrgyzstan held in Khujand in March, a historic treaty was signed for the first time on the junction point of the state borders of the three countries, and a Declaration on Eternal Friendship was adopted.

During the recent Consultative Meeting of the heads of state of our region in Tashkent, we put forward the idea of establishing a strategic format of the Central Asian Community in order to elevate integration processes to a new qualitative level. The decision to admit Azerbaijan as a full-fledged member of the Central Asian Community format was of historic significance. This step will undoubtedly strengthen strategic connectivity and stability between Central Asia and the South Caucasus.

At the same time, in October, an Enhanced Partnership and Cooperation Agreement between Uzbekistan and the European Union was signed in Brussels. The Central Asia–United States Summit held in November served to elevate multilateral and long-term cooperation to an entirely new qualitative level.

Last week in Tokyo, at the meeting of the leaders of Central Asia and Japan, we reached important agreements in the fields of education, healthcare, digital technologies, infrastructure, and industry. Earlier this week, a meeting with the leaders of the Commonwealth of Independent States in St. Petersburg also defined key priority areas of our cooperation.

All of this is bringing our international relations to a new stage in terms of substance and depth.

We will continue to build bridges of cooperation with countries both near and far around the world-with the East and the West, the North and the South.

Esteemed participants of the meeting!

When we adopted the “Uzbekistan – 2030” Strategy two years ago, we set a goal of increasing our gross domestic product to 160 billion dollars by 2030. As you can see, given our existing potential, the scale of today’s reforms, the growing activity of our entrepreneurs, and the expanding cooperation with our foreign partners, we can confidently achieve this milestone as early as 2026.

In today’s global economy, to remain competitive, it is essential to remember the decisive importance of skilled professionals, qualified specialists, and modern technologies. If we develop high value-added industries such as electronics and electrical engineering, biochemistry and polymers, pharmaceuticals, and mechanical engineering; expand high-income service sectors such as IT, artificial intelligence, fintech, consulting, and transport and logistics; widely apply bioengineering in agriculture to increase productivity, actively use advanced agrotechnologies and water-saving methods; ensure a balance between economic growth and environmental sustainability by transitioning to green energy and waste-free production; and introduce new technologies to broadly implement advanced foreign experience that elevates quality in education and healthcare—while training personnel for modern, science- and innovation-based professions—then we have every opportunity to increase the size of our economy to more than 240 billion dollars over the next five years.

These figures are forecasts based on precise and well-founded calculations. The conclusions of the International Monetary Fund and reputable experts also confirm this.

Dear compatriots!

Today, we are a great nation of more than 38 million people—resilient, proud, earning respect in the world through our arduous and honorable labor, and moving forward boldly into the future with confidence.

We do not live waiting for change; on the contrary, we create it ourselves through our own intellect, wisdom, and responsible labor.

Each year, our population grows by an average of 2 percent, and more than one million of our sons and daughters enter adult life. When we look at our youth and see their achievements, our hearts swell with pride, and we take great pride in the immense creative force that is joining our ranks.

Of course, in today’s complex times, when it is essential to raise our youth as resilient and patriotic individuals and to further unite and consolidate our people, the role and importance of the mahalla a unique system of self-governance are undoubtedly great.

The mahalla and good neighborly relations are harmonious and complementary values. They make an invaluable contribution to enriching human and social capital in society. This is evidenced by the fact that more than 90 percent of participants in social surveys conducted in our country consider themselves part of their mahalla community.

For all of us, the mahalla, which serves as both father and mother—and the strong sense of involvement in the fate of the Motherland that arises from it show that this institution is, above all, a source of social solidarity.

Indeed, in the current era of global development, when extremely intense and dangerous processes are taking place in the world, national unity is critically important and indispensable for us.

Our wise ancestors had a saying: “Those who unite prosper; those who do not unite perish.”

Indeed, history shows that those who united succeeded in life and achieved victory, while those who failed to unite fell apart and disappeared.

Throughout history, no matter how severe the trials we faced, we first and foremost drew strength from unity. In difficult times, our people and mahalla communities stood shoulder to shoulder and overcame hardships together. Families supported families, neighbors helped neighbors. We must always remain faithful to this truly unique value and raise our younger generation in this very spirit.

Today, it is natural for our society to have diverse opinions and views-this is a fundamental requirement of democracy. However, regardless of nationality, language, or religion, there is one great idea that unites our entire people: the interests of the Motherland and the interests of our people.

In achieving such a great goal, the role and influence of the mahalla system are incomparable. For when the mahalla is peaceful and united, our society is peaceful and cohesive; when the mahalla develops, our entire country rises.

Taking all this into account, I propose declaring 2026 in our country as the “Year of Developing the Mahalla and Advancing Society.”

Thank you for your support.

To implement the priority tasks set out in the name of the New Year, we will adopt a separate state program. This program will certainly reflect urgent issues such as transforming more than 9,000 mahallas across our country, first and foremost, into centers of compassion, solidarity, justice, and upbringing. I will speak about this in more detail later.

We will achieve the goals we have set only together—with our mahalla chairpersons and activists who possess great life experience, our respected elders, our sisters, our energetic youth, our intellectuals, our enterprising businesspeople, our defenders of the Motherland—in short, together with all our people.

Esteemed deputies and senators!

We are stepping into a decisive stage in building the New Uzbekistan. Our efforts along this path require deep transformation in every sphere and sector. Our goal is clear: in the coming years, to join the group of countries with above-average per capita income.

From the Fergana Valley to the Aral Sea region, from the Zarafshan Valley to Kashkadarya and Surkhandarya, from Tashkent to Jizzakh and Syrdarya- no matter which region of our country they live in, every citizen must feel the results of the reforms more strongly in their daily lives. Therefore, the incoming year 2026 will be a year of fundamental breakthroughs in developing all areas-public administration, the judicial and legal system, economic sectors, education, science, healthcare, culture, sports, and environmental protection.

Now I will dwell in detail on the main part of the Address-a program consisting of the six most important priority areas to be implemented in 2026.

The first priority area is to further improve mahalla infrastructure and to bring the image of the New Uzbekistan into them.

The prosperity of the country begins, first and foremost, with the mahalla. It is precisely by the conditions of roads, water supply, electricity, and transport, as well as kindergartens, schools, and family clinics in the mahalla, that people judge our reforms. Therefore, the development of the mahalla system has been and will remain a priority direction of state policy.

By fundamentally improving mahalla infrastructure, we will continue efforts to comprehensively develop our country and make its appearance even more beautiful and prosperous.

At present, in some mahallas solutions are being provided separately—roads in one, water or electricity in another, kindergartens, schools, or healthcare in a third, and housing issues in yet another. Frankly speaking, this alone does not fully resolve all issues at the mahalla level. Therefore, starting next year, a comprehensive approach to mahalla development will be introduced.

In each region, we will select two or three districts and create a system in which all problems in every mahalla within those districts are resolved simultaneously. We have begun this new approach in Urgut District, where a modern eco-city designed for 100,000 residents will be built. Next year, 544 billion soums will be allocated to construct and renovate 72 kindergartens, schools, and polyclinics, as well as internal roads; to line canals with concrete; and to build two flood-control reservoirs.

The same approach will be applied in 33 selected districts and 330 disadvantaged mahallas. At the same time, entrepreneurial infrastructure will also be developed there. For these purposes, a total of 8.5 trillion soums will be allocated from all sources.

To enable deputies to resolve issues in their constituencies, we are allocating 500 billion soums in total, or 3.3 billion soums per deputy. In addition, an extra 330 million soums will be allocated to each deputy’s initiative to create “green zones” and “green parks.” Through this approach, we will bring the image of the New Uzbekistan to mahallas in all districts by 2030.

Of course, to organize this work effectively, it is necessary to create conditions to at least double district budget revenues. For this purpose, starting from January 1, 2026, 5 percent of value-added tax revenues in Tashkent and 20 percent in other regions will be retained, with half of these funds transferred to district budgets.

In addition, 50 percent of revenues collected above forecast targets, as well as all revenues from leasing agricultural land and from markets, will be fully transferred to district budgets.

Regional and district governors will be allowed to reduce inefficient and duplicative staff positions and allocate the resulting savings to addressing issues raised by the population. Through this measure, an additional 5 trillion soums per year will be generated in district budgets and directed toward improving mahalla infrastructure.

Next year, for the first time, we will allocate 20 trillion soums directly to the regions for the development of mahalla infrastructure. Most importantly, every soum of these funds must create added value for our people. Therefore, this money will not be allocated simply to districts, but rather directed to specific projects that create jobs in mahallas and increase people’s incomes.

Any mahalla chairperson, assistant to the governor, or mahalla banker who prepares and substantiates a project should receive the necessary funding—this will ensure fairness.

This will represent a project-based approach to the effective use of budget funds.

We will also launch new reforms in urbanization and the sustainable development of cities. In particular, we will establish clear criteria to prevent the chaotic expansion of cities, thereby stopping the unjustified reduction of agricultural land.

For example, if cities with populations exceeding 250,000 continue to expand chaotically as they do now, by 2050 we will lose 27,000 hectares of agricultural land. Of course, this cannot be allowed.

In addition, for the first time in our republic, we will designate                                         45 agglomeration areas. Next year, we will launch the “Sustainable City” platform and introduce a “livability index.” Through this index, the specific problems of each mahalla in cities will be identified, and tailored solutions will be provided.

We have turned the issue of poverty reduction into a nationwide movement. I reiterate that in the past period we have succeeded in lifting more than 8.5 million people out of poverty.

Our main goal is to ensure that our people have permanent sources of income. A person with income strives to dress and eat well, to access quality education and skilled medical services, to enjoy meaningful leisure in short, to live a prosperous life.

Most importantly, in this process our entrepreneurs stand at the forefront as a decisive force establishing industrial and service facilities, creating permanent jobs, and showing special dedication in training our population, especially youth and women, in professions, and making them employed and income-earning within their own mahallas. Therefore, we will continue our policy of supporting entrepreneurship and, in 2026, keep the main tax rates unchanged; allocate more than 10 trillion soums for entrepreneurship infrastructure projects; and provide 140 trillion soums in resources to develop small and medium-sized businesses. Of this amount, 43 trillion soums will be directed to supporting women’s and youth entrepreneurship.

In addition, in 2026, under the “Industry and Services in the Mahalla” project, 5 trillion soums in loans will be provided to launch more than 10,000 production and service projects. The portion of loan interest up to 10 percent in national currency and up to 4 percent in foreign currency will be subsidized by the Entrepreneurship Company. For this purpose, 400 billion soums will also be allocated from the budget. As a result, 100,000 new jobs will be created in mahallas.

By implementing 40 micro-projects in each mahalla, an additional 7.5 trillion soums in resources will be allocated in 2026 to mahalla bankers and assistants to district governors to employ 360,000 people.

In the new year, we will adopt a three-year program to widely engage residents of mahallas, especially women, in sports and to create the necessary infrastructure for this purpose, allocating 1 trillion soums. To further increase young people’s interest in reading, we will supply school libraries each year with 10 million copies of fiction books.

Thanks to these measures, in 2026 we will provide permanent employment for 1 million people, lift 181,000 families out of poverty, reduce the poverty and unemployment rates to 4.5 percent, and increase the number of poverty-free mahallas to 3,500.

Dear compatriots!

Our second priority area is transitioning the economy to a model of technological and innovative growth.

In today’s conditions of intensifying global competition, only countries that produce high value-added products secure a strong position in world markets. Therefore, achieving high efficiency across all sectors of the economy must become the main criterion of our reforms going forward.

For example, by developing high-tech and energy-efficient industries, this year we reduced fuel and energy consumption per dollar of output by 13 percent. This alone created an additional 1 billion dollars in added value.

This example clearly shows that where there are new technologies and highly skilled professionals, growth and development follow in that sector.

Therefore, the most correct path to increasing gross domestic product to more than 240 billion dollars by 2030 is to transition all sectors to a model of technological and innovative growth. This will be the main direction of our economic development strategy in the coming years.

The favorable business environment in our country, demographic growth, and the attention being paid to human capital are turning Uzbekistan into one of the most attractive countries for investors. For example, over nine years we have attracted 130 billion dollars in foreign investment across all sectors of the economy. This year alone, we have reached new investment agreements worth another 140 billion dollars with our foreign partners.

Next year, we will attract 50 billion dollars in foreign investment. From now on, every dollar of investment must primarily serve the introduction and transfer of advanced technologies; the production of high value-added products with clearly defined external markets; increasing efficiency in the use of energy, water, land, and other natural resources; training local workers to operate new technologies and boosting labor productivity. In other words, an investor who brings high technology and new competencies and works for export will be our most reliable partner.

For such strategic investors, land for projects will be allocated directly at market value. When the category of land is changed, compensation payments for losses will be allowed to be paid in installments for up to 10 years. Investors will no longer have to go from office to office to formalize land, change its category, or obtain permits for construction and infrastructure connections. Instead, an electronic platform-invest.gov.uz- providing comprehensive services under a “one-stop-shop” principle will be launched, and all ministries will be connected to it.

At the same time, we will attract world-renowned brands to free economic zones. Enterprises operating in these zones will be able to apply international technical regulations, environmental and labor standards. A special preferential regime—investment, tax, customs, and legal—will be introduced for them, and the possibility of resolving disputes through arbitration within the framework of international law will be ensured.

All of this will serve to create 1 million high-income jobs over the next five years through 180 billion dollars in foreign investment.

We also have very ambitious plans to increase the flow of investment into our country. Therefore, a separate new system will be established that is solely responsible for working with investments—turning each agreement into a concrete project, attracting capital in the shortest possible time, and ensuring its effectiveness.

In addition, it is advisable to establish a similar dedicated system for the development of local industry and industrial cooperation.

In general, making the economy competitive, increasing the effectiveness of investments, and technologically transforming industrial sectors require completely new approaches. To this end, the activities of the Ministries of Economy and Finance, Investments, Industry and Trade will be fundamentally reviewed.

We will launch a program for industrial development aimed at transitioning to a new technological stage and expanding the value-added chain. Over the next five years, we set the target of increasing value added in industry from the current 36.5 billion dollars to at least 60 billion dollars (a 1.6-fold increase), and of boosting output in high- and upper-middle-technology sectors by 2.5 times. To ensure thorough preparation, in 2026 we will launch 782 new industrial and infrastructure projects worth 52 billion dollars.

Already next year, 228 new large production capacities worth 14 billion dollars will be commissioned. For example, a 320 million dollar project (Phase III) for ore extraction at gold mines in Navoi will be launched, enabling the processing of an additional 2 million tons of ore. In addition, the next phase of development of the Muruntau deposit and major projects worth 2.3 billion dollars in silver mining will be implemented. As a result, annual ore processing capacity will reach 18 million tons, and by 2030 gold production will increase to 175 tons.

Another major project will be the start of construction of a new metallurgical complex at the Almalyk Combine, valued at 2.7 billion dollars, with a capacity of 300,000 tons of copper cathode.

At the Samarkand Chemical Plant, with an investment of 381 million dollars, production of 370,000 tons of phosphorus fertilizers and 540,000 tons of complex fertilizers per year will be established.

In Kashkadarya, construction of a new chemical plant worth 200 million dollars will begin.

Overall, in 2026 new projects will be launched worth 4.5 billion dollars in the chemical industry; 3 billion dollars each in mining and metallurgy, oil and gas, automotive, textile, and construction materials industries; 2 billion dollars in electrical engineering; and 800 million dollars in pharmaceuticals. In this way, in 2026 we will increase total exports to 40 billion dollars and raise the share of finished and semi-finished products to more than 55 percent.

Next year, economic growth of 6.6 percent is projected, with GDP reaching 167 billion dollars. If we work rigorously on labor productivity, energy efficiency, and cost reduction, there are all opportunities to exceed this figure.

Therefore, we will launch the program “Doubling Productivity and Efficiency” in industry. The Ministry of Economy and Finance will implement a separate project focused on labor productivity and energy efficiency. Under this project, 200 million dollars in loans and grants will be attracted from international financial institutions; highly qualified technologists and engineers will be brought in from abroad for industrial enterprises; business processes will be digitized; audits will be conducted to reduce energy and other costs; and advanced technologies will be transferred.

In this regard, a Center for the Fourth Industrial Revolution will be established. Based on this center, a regulatory mechanism will be created to introduce “Industry 4.0” solutions—such as robotics, the Internet of Things, and smart factories—into industrial enterprises. This will allow enterprises to test new technologies before introducing them into production.

As a result of reforms in accreditation, metrology, and standardization, Uzbekistan has risen by 15 positions over the past two years in the Global Quality Infrastructure Index, ranking 52nd among 185 countries.

This is certainly a positive achievement. At the same time, to further enhance the competitiveness of our products, we will move technical regulation to a new stage. We will transition from a “state control” system to a “market surveillance” system, which has proven highly effective in international practice. In addition, we will incentivize enterprises producing high-tech products based on innovation. If such enterprises increase output compared to the previous year, they will receive a subsidy equal to 5 percent of the value of the increased output. Income earned by enterprise specialists from research and development and design activities will be exempt from taxation.

Through such reforms, over the next five years labor productivity in industry will increase from the current 16.5 thousand dollars to 30 thousand dollars, and energy consumption required to generate 1,000 dollars of value added will be reduced by 1.5 times.

This year, we attracted 270 million dollars in foreign investment to local startups in areas such as IT, fintech, and artificial intelligence. Starting next year, we will expand the “Digital Startups” program and launch a new system that supports startups from the idea stage all the way to export. Under this program, interest-free loans of up to 5 billion soums for a period of five years will be provided from the Youth Fund to establish private startup centers. In addition, 10 percent of funds retained by higher education institutions will be directed toward the development of incubation centers.

Furthermore, a Fintech Office and an Innovation Hub will be established at the Central Bank, with specialists brought in from Singapore. This will create opportunities to bring 20–30 fintech startups to external markets each year and to attract a total of 1 billion dollars in investment for them.

Overall, it is necessary to develop the market for new financial instruments such as venture funds, startups, and fintech, and to legally guarantee the rights of all participants in this sector. To this end, it would be timely for our parliament, together with the government, to draft by March 1 a bill titled “On Alternative Investment Funds.”

This year, for the first time, our country’s exports of IT services reached 1 billion dollars. By 2030, we have set an ambitious target of increasing IT services exports to 5 billion dollars. Therefore, to enhance competitiveness in the global market, we have established an International Center for Digital Technologies and provided a range of incentives to attract investment into IT infrastructure.

Next year, four data centers will be launched in Tashkent city, Bukhara, Fergana, and Tashkent region, along with two supercomputers and artificial intelligence laboratories at 15 universities. This will enable the implementation of more than 100 artificial intelligence projects in key sectors such as healthcare, transport, agriculture, geology, banking and finance, and public safety.

Today, thousands of our talented young people are conducting research in IT and artificial intelligence. To bring their engineering projects in areas such as quantum technologies, drones, and robotics into practical application, a Digital Technologies Center will be established. The Asian Development Bank has expressed its readiness to support this initiative by allocating 200 million dollars.

We have also taken major steps to develop research in the space sector, which goes hand in hand with artificial intelligence, and to introduce satellite communication technologies. In this regard, we are thoroughly preparing to host the International Astronautical Congress in Samarkand in 2028.

Today, I would like to share another important piece of news with you. For the first time in the history of independent Uzbekistan, we have begun work to launch a satellite and to send the first Uzbek cosmonaut—who is a citizen of our country into space. I am confident that this will provide a powerful impetus to the scientific and technological development of New Uzbekistan and, overall, elevate our national development to a new stage.

Dear conference participants,

As is well known, long-term capital is essential for the sustainable growth of both production and consumption. Therefore, we must position the capital market as a key institutional pillar that stimulates economic growth and bring global depositories into our national stock market. To this end, it is necessary to promptly adopt a new draft law “On the Capital Market,” developed jointly with international financial institutions.

To reduce risks associated with exchange rate fluctuations, local companies will be permitted to issue bonds in foreign currency on the domestic market as well.

Next year, our enterprises will, for the first time, be able to place their shares on international markets.

Overall, by developing the capital market, opportunities will be created to attract an additional 1 billion dollars for entrepreneurs.

In 2026, we will also implement a fundamental shift in reducing the shadow economy. As a result of the measures taken, we have managed to reduce the share of the informal economy from 45–50 percent to 28 percent. However, these are only initial steps.

To intensify efforts in this area, a separate program has been adopted. In 2026, all public services and utility payments, fuel, alcohol and tobacco products, and transactions involving automobiles and real estate will be switched to cashless payments. In addition, the use of body cameras will become mandatory in 17 types of inspections, including tax, customs, sanitary and epidemiological control, standards, quarantine, construction inspections, and fire safety.

Entrepreneurs who voluntarily choose to emerge from the “shadow” economy and move toward transparency will receive free training in accounting, statistics, and tax reporting.

Overall, within the framework of this program, over the next five years the share of the shadow economy will be reduced by half; the share of cashless payments in the trade and service sectors will be increased to more than 75 percent; and the number of people employed in the formal sector will rise from the current 8.5 million to 14 million.

In short, under the slogan “Honest work is the guarantee of a peaceful life and a prosperous society,” efforts in this area will be turned into a nationwide movement.

Some of our citizens have concerns about directing their earned income into the economy, placing it in bank deposits, or formally registering their assets in their own names. Therefore, it would be appropriate, in my view, for our deputies and the Central Bank, in consultation with international organizations, to prepare proposals that would create conditions for our citizens to freely and confidently use the income and assets they have accumulated to date, whether in our country or abroad.

Dear Members of Parliament,

Now, with your permission, I would like to turn to the third priority area—stimulating demand in the domestic market.

Abundance in our markets, price stability, and the growing consumer demand of the population are the most important indicators showing that the quality of life is improving.

One of the key factors influencing domestic demand is the level of inflation.

Over the past nine years, by creating a favorable business environment and increasing the volume and variety of goods and services; by raising incomes and sharply reducing poverty; by providing at least 1 billion dollars a year in affordable loans even for low-income families; and by curbing prices and reducing inflation to single-digit figures, we have doubled the population’s purchasing power.

To give just one example: five years ago, our population purchased 210 thousand apartments and 600 thousand automobiles per year, whereas this year they bought 270 thousand homes and 1 million cars. If people’s incomes and purchasing power had not increased, would the real estate and automobile markets alone have reached 20 billion dollars?

Both conducted surveys and analyses by international experts confirm that the financial situation of 75 percent of the population has improved significantly. Of course, we will not stop at these results and will consistently continue efforts to increase the income and purchasing power of our people.

According to analyses, if the population’s income increases by 10 percent, consumption rises by 8 percent. This means greater demand for new products and services, which in turn translates into additional production capacity and more jobs.

Based on the population’s needs, we will allocate 23 trillion soums in 2026 to mortgage housing, which generates the largest demand in the economy. To cover part of the down payment and interest on home purchases, 2.7 trillion soums will be provided as subsidies. Additionally, the preferential mortgage loan amount per apartment will be increased by 15 percent.

Next year, 140,000 multi-apartment buildings will be constructed, naturally increasing demand for essential consumer goods. To support this demand financially, 125 trillion soums of consumer credit will be allocated in 2026, up from 104 trillion this year.

Overall, construction work is planned to increase by 11 percent, reaching 30 billion dollars.

Let’s consider its impact on the economy. Sectors such as building materials, household textiles, electrical equipment, furniture manufacturing, and the service sectors supporting these facilities will see an additional market of 5 billion dollars. This will create approximately 300,000 new jobs.

As household incomes rise, demand for services also increases, giving a strong impetus for the service sector to become a “driver” of the economy. This year alone, the service sector grew by nearly 15 percent, reaching 82 billion dollars.

To stimulate demand in services, 85 trillion soums in credit and 9 trillion soums in subsidies will be allocated to the sector in 2026. In particular, 7 trillion soums from the budget will be provided for educational services.

Over the next five years, we aim to double the number of foreign tourists from 11 million to 20 million and increase the volume of tourism services to 20 billion dollars. For this purpose, special attention is being paid to developing tourism infrastructure.

In Samarkand, modern walkways and bridges will connect Bibi-Khanym, Registan complex, Amir Timur Mausoleum, Ulugh Beg Observatory, Shahi Zinda, and the Afrosiyob Museum.

In Shahrisabz, the first phase of the “Gelon” large tourist complex will be launched. In Pop district, the “Arashan” mountain recreation tourist zone will be established. In Khiva, the Ichan-Kala will be transformed into an immersive, “living” and smart museum-city. Large tourism loops will be created around archaeological sites in Khorezm and Karakalpakstan.

In the coming year, entrepreneurs will launch over 3,500 new service facilities worth 4 billion dollars. To develop tourist sites, 5,000 hectares of land will be auctioned over the next three years.

Additionally, in 2026, we will launch the “Uzbekistan Heritage Hotels” program. This initiative will establish boutique hotels at cultural heritage sites through private partnerships, attracting prestigious hotel chains. Participants in the program will receive incentives regarding land, property, profit taxes, and customs duties.

Thanks to these measures, the services market is expected to exceed 100 billion dollars in 2026.

The growing influx of tourists necessitates doubling passenger transport capacity in aviation and rail. Therefore, by 2026, the number of aircraft in the fleet will increase from 105 to 120. A new subsidy system will be introduced to expand domestic flights.

Under this system, a fixed subsidy will be allocated for every ticket sold, regardless of its price. This will help lower ticket costs and stimulate demand.

To train pilots, technical service personnel, and qualified specialists for airport operations, a Civil Aviation University will be established.

Six high-speed trains will be imported from South Korea’s Hyundai Rotem company, with the first set arriving soon.

A five-year program for the development of domestic railways will be implemented.

To connect cities with high-speed trains, construction of an additional 500 kilometers of rail will begin in 2026. Next year, 110 kilometers of railway will be built, linking Buka, Piskent, Bekobod, Boyovut districts, and Nurafshan city with the capital. Construction will also begin on a new high-speed rail line on the Tashkent–Samarkand route. Stations in Tashkent, Samarkand, Bukhara, Khiva, and Navoi will be offered for private partnership.

According to a United Nations analysis, high-quality roads contribute at least 2 percent to our economic growth.

To improve road quality and increase transit potential, a five-year program will be implemented. This program will upgrade 4,000 kilometers of major highways linking Andijan with Qongirot, Tashkent with Termez, Samarkand with Shahrisabz, and Olot with Sariosiyo into international-standard expressways.

In 2026, reconstruction works will be completed on 300 kilometers of public roads passing through the regions of Karakalpakstan, Bukhara, Kashkadarya, and Surkhandarya.

Significant preparations have been made for the construction of 800 kilometers of high-speed roads on the Tashkent–Samarkand, Tashkent–Andijan, Tashkent–Bostanliq, Pungon–Namangan, and Qarshi–Shahrisabz routes, and partners have been designated.

Construction on the Tashkent-Samarkand Road will start in March, while practical work on the remaining roads will begin no later than July 1. By 2030, an additional 1,200 kilometers of roads will be reconstructed in cooperation with international financial institutions.

From now on, road design will strictly take into account public opinion, the environmental impact of transport, and the creation of barrier-free spaces for pedestrians.

Introducing advanced technologies and standards in road construction will remain a priority principle. The Parliament, when adopting the new edition of the “Roads” law, should consider the planning system for roads.

With growing household incomes and an increasing flow of foreign tourists, demand for food over the next five years is expected to rise by 1.5 times. Therefore, we aim to increase the volume of agricultural products from the current $40 billion to $60 billion.

Two weeks ago, we held a meeting with representatives of the agricultural sector and discussed solutions for increasing agricultural productivity based on new technologies.

In general, 52 trillion soums will be allocated in the coming year to support agriculture.

The supply of food products to the population at stable prices will also be fully reformed. Starting in 2026, a permanent intervention system will be implemented to provide essential food products to markets at stable prices throughout the year. Resources allocated to regional “Food Reserves” will be increased 2.5 times, reaching 500 billion soums. Additionally, 1,000 neighborhoods specializing in fruits and vegetables will be equipped with small refrigerated warehouses with a capacity of up to 100 tons.

These measures will help reduce inflation to 6–6.5 percent next year.

Fourth Priority Area: Developing Professions and Creating a New Labor Market Architecture

Currently, under the influence of new technologies, digitalization, and artificial intelligence, the number, form, and content of jobs worldwide are changing drastically. In the next five years, 30 percent of existing professions will be fully automated, and 50 percent will require new skills.

These changes are also affecting us. In industry, automated lines; in agriculture, smart technologies; in transport, intelligent management are becoming daily realities.

Our labor market must now operate on a completely new architecture, integrating profession, skills, technology, and education into a single mechanism.

Experts note that a child’s interest in a profession begins around grade 7 and is fully determined by grade 9. Therefore, 9th-grade graduates will be selected for further study based on their academic performance and professional interests. Those not intending to enter universities will be directed to technical colleges.

Recently, we approved a five-year program to modernize technical colleges, introducing a new environment and updated standards.

The goal is for our youth to become globally competitive in high-demand professions, potentially outperforming others. To achieve this, technical colleges the key link in vocational education will be brought to a new quality level.

Starting in 2026, at least 100 technical colleges will be fully renovated each year and equipped for high-demand professions. Advanced education programs from Germany, Switzerland, the UK, China, and Korea will be introduced, increasing the number of modernized colleges to 100.

In 2026, seven regions will launch Advanced Vocational Skill Colleges and “Professions Towns,” and the remaining regions will follow in 2027. Advanced colleges will serve as methodological and practical hubs for other colleges, while “Professions Towns” will guide school students toward modern professions in construction, service, agriculture, industry, transport, and “green” energy.

This system, launched three years ago, already covers 15 percent of students.

Currently, around 70,000 students are studying under a “Dual education” system in fields such as automotive, green energy, construction, transport, textiles, agriculture, tourism, services, and IT, earning up to 10 million soums per month.

We will elevate cooperation between technical colleges and employers to a new level. Companies effectively organizing dual education will receive preferential loans of up to 5 billion soums for seven years, earn an additional 5 points in entrepreneurship ratings, and enjoy a 1 percent social tax benefit for employing technical college students, extended for another three years.

Starting in 2026, for the first time, 100,000 technical college students will receive stipends. Students achieving “excellent” grades and mastering their chosen profession will receive increased stipends.

It is essential to focus on training highly intellectual personnel for priority sectors of the economy.

A decision has been made to place the Jizzakh Polytechnic Institute under the management of Hungary’s prestigious Óbuda University.

During a recent visit to Japan, an agreement was reached to establish a new university in Uzbekistan in partnership with the national university “Sukuba,” focusing on exact sciences.

We will continue this experience, attracting the world’s leading universities to our universities in exact sciences and technical fields.

Another issue: approximately 300,000 university graduates enter the labor market each year. We will create a digital ecosystem that bridges graduates and employers, where students’ academic performance and information on vacant positions at enterprises will be available online. This ecosystem will help graduates find suitable jobs and enable companies to recruit qualified personnel.

This year, we held two meetings with healthcare workers and issued special decrees and resolutions on all reviewed matters.

To develop vocational education in the healthcare sector, training of nurses according to international standards has begun in one technical college per region in cooperation with Pearson (UK). Germany, Switzerland, the USA, and Japan’s educational programs will also be introduced in these colleges. This will create a workforce of internationally competent nurses fluent in foreign languages.

We will accelerate the digitalization of the healthcare system. A “master plan” will be developed to organize medical institutions under a unified approach.

Additionally, 3.5 trillion soums will be allocated 1.5 times more than in previous years for the treatment of non-communicable diseases (heart attacks, strokes, cancer, kidney diseases), as well as for transplantation, vaccination, and maternal-child health protection.

Fifth Priority Area: Environmental Balance, “Green” Energy, and Efficient Use of Water Resources

A $100 million credit line will be opened in the first phase for major enterprises to install filters, treatment facilities, and air pollution monitoring stations.

Next year, Samarkand will host the next assembly of the Global Environmental Fund and the Central Asia International Eco-Exhibition. These events will create opportunities for businesses, sectors, and regions to find partners and launch new eco-projects collaboratively.

In Tashkent city and region, there are about 2,000 coal- and gas-heated greenhouses emitting 137,000 tons of harmful substances into the air annually. We will phase out boilers operating on coal without filters. Heating will be centralized through cluster systems of at least 200 hectares, and subsidies will be provided for connected greenhouses.

Urban congestion not only complicates life but also harms the environment. Therefore, an ecological sticker system will be introduced based on the emission levels of vehicles. High-polluting vehicles will be restricted from entering capitals and regional centers. Support measures will be provided for replacing old vehicles or installing filters.

A dedicated fund will cover part of auto-loan interest for citizens replacing old cars and subsidize costs for installing filters.

Public transport development will be a priority in major cities. Dedicated lanes for buses and taxis will increase, and in Tashkent, Samarkand, and Namangan, traffic will be managed using intelligent traffic lights.

A five-year program to increase electric vehicles will be implemented. Local electric vehicles will receive 12% auto loans, and foreign electric vehicles 16%.

Entrepreneurs establishing EV charging stations will receive 10% preferential loans and can purchase land from auctions at half the price. The government will cover any electricity cost above 300 soums per kilowatt-hour for charging at these stations. Incentives will also be provided for citizens operating electric taxis.

The goal is for capitals, regional centers, and major cities to become areas where only eco-friendly transport operates.

To prevent dust storms, 10,000 hectares of “green space” will be established in Surkhandarya, and an 84-km “green wall” in Sirdarya. In Karakalpakstan, Khorezm, Bukhara, and Navoi, a total of 250,000 hectares will be planted, including 115,000 hectares on the dried Aral seabed.

Each region will also establish botanical and dendrological gardens and 20 shaded pedestrian walkways.

To implement eco-standards in enterprises, at least 30,000 ecology managers will be needed over the next five years. Therefore, starting in 2026, “green” technical schools will be established in each region, and 10,000 specialists will be trained annually under dual-education programs.

Next year, the Central Asian Green University will expand its activities.

Complex laboratories will be established to monitor air, water, and soil quality. Research will be conducted in cities to enhance natural ventilation.

In total, 1.9 trillion soums will be allocated to the ecology sector in 2026.

Over the past five years, 6,000 megawatts of solar, wind, and hydroelectric power plants have been commissioned, increasing the share of “green” energy in total generation to 30%.

Recently, together with our partners, we started the construction of new “green” power facilities with a total capacity of 3,500 megawatts and a cost of $4.2 billion. Through these efforts, in 2026 alone, 7 billion cubic meters of natural gas will be saved, and the emission of 11 million tons of harmful substances into the air will be prevented.

Dear compatriots!

Globally, the problem of water scarcity is becoming increasingly urgent. Therefore, from the very beginning of our reforms, we have elevated rational water use to the level of state policy.

Recently, a major three-year program worth $5.5 billion was adopted to widely implement water-saving technologies, modernize water facilities, and improve irrigation systems.

Under this program, coverage of water-saving technologies will reach 61%, or 2.6 million hectares. As a result, 2.5 billion cubic meters of water will be saved annually, and 200,000 tons of steam gas will be reduced.

In total, 3.3 trillion soums will be allocated in 2026 for the implementation of water-saving technologies.

In addition, 1,300 kilometers of major canals will be lined with concrete, using 3 trillion sums from the budget. This will additionally allow saving 500 million cubic meters of water annually.

Moreover, a separate program will be implemented to convert open drainage and collector systems into closed systems, with $100 million allocated for 2026 as the initial phase.

Large projects to convert canals into closed systems will also begin. The first step in this regard is a $134 million project to transfer the “Pakhtaobod” canal in Qashqadaryo to a pressurized pipeline.

Through these measures, an additional 20,000 hectares of farmland will be opened, and another 25,000 hectares will receive guaranteed water supply.

At the same time, irrigation and drainage systems must be restored in the capital, regional centers, and cities to increase “green” areas. In other words, water must circulate in all city street canals. As part of a major $160 million program, 150 kilometers of closed drainage systems will be constructed in Tashkent, 197 kilometers of canals and collectors repaired, and 63 kilometers of new canals built, creating a cooler microclimate in the city.

Leaders of other regions will also attract at least $20–25 million from abroad and start similar projects in regional centers and major cities next year.

Dear deputies and senators!

We will continue reforms in modern public administration and a fair judicial and legal system, our sixth priority area.

First, starting in 2026, the Electronic Government platform will be completely updated. Over 1,000 state services, more than 5,000 functions and responsibilities, 200 databases and information systems, and the authorities of over 100,000 civil servants at neighborhood, district, regional, and national levels will be integrated into a single digital platform.

Applications submitted to the platform, their distribution to executors, and monitoring of review timelines will be managed using artificial intelligence.

Simply put, at every level from neighborhood to national each issue’s executor, timeline, and resources will be visible in one place.

Most importantly, we will create an ecosystem for public services free from human bias, corruption, and excessive bureaucracy. We will develop a system that provides proactive and integrated services.

In simple terms, if a citizen applies for cadastral documentation for a new house, the new platform will also immediately resolve water, electricity, and gas connections. By 2026, 100 such services will be available.

Sh. Shermatov, A. Toshqulov, and U. Khusainov must ensure that next year the platform is fully tested in Namangan, Surkhandaryo regions, Tashkent city, and their districts and neighborhoods, including construction, justice, higher education, tax authorities, and their regional and district offices.

Each minister, sector head, and governor must also start similar work in their districts next year and actively work to bring public services closer to citizens.

Dear assembly participants!

Currently, our Oliy Majlis (Parliament) has all supervisory powers typical of strong parliaments. Since 2023, for example, it has been approving external debt levels.

Now, what if we transfer the authority to approve state-guaranteed external borrowing to the parliament?

By consulting numerous manufacturers and entrepreneurs, we are creating an open, transparent, and fair system for state procurement starting January 1, 2026. This will allow entrepreneurs to actively participate in a guaranteed market worth 300 trillion sums with their goods and services.

From now on, direct procurement of goods, works, and services will only be allowed by law.

As you know, within constitutional reforms, we separated regional governors from the heads of local councils. Starting January 1, 2026, this system will be implemented in 208 districts and cities. This major political reform requires governors and executive authorities to completely change their interaction with councils.

Henceforth, execution of deputy inquiries will be analyzed quarterly, and cases of negligence will be submitted to the prosecutor’s office.

Civil society institutions will play an important role in ensuring the effectiveness of reforms.

Therefore, policies to support them will continue consistently. Specifically, a five-year strategy for civil society development will be developed. The system of digitalized social orders for these institutions will double their funding.

Moreover, procedures for establishing charitable organizations will be simplified, and accountability and transparency mechanisms will be improved.

I repeat, in the era of large-scale renewal in our country, we will never backtrack from a policy of openness. Freedom of speech and press will remain a priority.

Dear deputies and senators!

We will continue efforts to bring the judicial system closer to the people.

We have begun implementing the “digital court” concept for fair justice. Investigations will also be digitized to strengthen human rights protection. From receiving a criminal complaint to transferring the case to court, AI technologies will be used, and human involvement reduced.

The introduction of investigative judges in our country is the next important step in applying the internationally recognized “Habeas Corpus” principle. From 2026, investigative judges will also have the authority to change or cancel sanctions and enforcement measures. Public participation in fair justice will gradually increase.

Now, the “people’s representatives’ panel” institution, which has shown positive results in English law countries, will be gradually implemented. Serious and high-profile crimes will be considered with public representatives, ensuring fairer court decisions.

Enforcement of court decisions must be reliably ensured; otherwise, citizens’ and entrepreneurs’ rights cannot be restored. Therefore, effective alternative mechanisms for compulsory enforcement will be introduced. As a result, AI will handle 30% of enforcement actions over the next two years.

As you can see, in a rapidly changing world, the risk of drug abuse is becoming a major threat to the population’s gene pool. Unfortunately, in today’s era of globalization, this threat does not bypass Uzbekistan.

This year, more than 14,000 drug-related crimes were recorded. Nearly 3,000 of these were committed by young people, which should concern us all.

Drug trafficking increasingly has transboundary and virtual characteristics. This requires the use of new methods, modern knowledge, and skills.

Recently, a national program was adopted. Combating drug crimes will become a nationwide movement, and an uncompromising environment against this scourge will be created in society.

Anyone who thinks this is solely the responsibility of law enforcement agencies is mistaken.

Every child and young person in our country is our own, and we will not allow them to fall into the grip of drugs.

We will mobilize all our efforts and resources to completely eliminate drug addiction and build strong moral and spiritual immunity in our youth.

The Republican working group on combating drug crimes will mobilize all state agencies to create a new system to block drug production and distribution channels next year.

This is the President’s directive, the desire of parents, and the demand of society!

Peace, the rule of law, and citizen security attract investment and promote tourism. However, recently, criminal groups who act above the law, pressure entrepreneurs, attempt to seize businesses, and seriously harm the economy have been observed.

Most alarmingly, some athletes, lured by the idea of “easy money,” are joining these criminal groups.

Another negative aspect is that criminal groups composed of Uzbek citizens also exist in some foreign countries, which negatively affects our nation’s international reputation.

Let everyone hear this: we have the power to put a stop to the activities of such criminal groups, and we will certainly do so!

In Uzbekistan, there is a state, Constitution, and laws that reliably protect our citizens, entrepreneurs, and investors under any circumstances.

Respecting the dignity of women and protecting our children has traditionally been a matter of honor and pride for men. However, the fact that women and children in our society are subjected to various forms of violence is entirely incompatible with our people, who have a great history, high morality, enlightenment, and consider the family sacred.

In the past two years, more than 2,000 crimes related to domestic violence against women and children have been recorded.

Let us never forget: domestic violence is not only a family matter; it concerns the whole society. No one has the right to leave a woman to deal with her problems alone!

The Republican Coordinating Council for the prevention of violence against women and children should mobilize all state agencies and the wider public to create an effective system to eliminate such negative phenomena.

If our parliament and civil society institutions actively participate in these processes, results will certainly follow.

I repeat: corruption is a serious threat that hinders state development, undermines justice and the rule of law, and weakens trust in society.

Allowing corruption is a betrayal of our reforms. In 2026, we will declare a “state of emergency” to combat this scourge.

All agencies will introduce deputy positions responsible for compliance and internal anti-corruption control. Representatives of the Accounts Chamber will operate actively. These leaders will identify dishonest individuals in the system, prevent embezzlement of budget funds and abuse of office, establish effective control, and report directly to the President.

Personal responsibility will be strengthened for every sum and resource of the state.

Those who think, “I have a position, a title, no one can touch me,” are mistaken. Everyone is equal before the law!

No agency or organization will be exempt from oversight-whether it’s the Ministry of Internal Affairs, the prosecutor’s office, tax, customs, finance, banking, major state companies, ministries, or local authorities.

Anyone obstructing the activities of the compliance service will be considered an accomplice in corruption and held accountable accordingly.

The Presidential Administration Compliance Service will launch this system in all state agencies and organizations from January 1 and take firm control.

Regardless of position, the Compliance Service will personally report to me on every case of bribery and abuse of power.

Dear participants of the assembly!

The world is experiencing increasingly complex geopolitical and economic challenges. In such a difficult environment, we will continue our efforts to strengthen equal and constructive relations with all states and pursue a calm, rational, and transparent foreign policy.

With our close neighbors, we will prioritize further developing centuries-old ties of friendship, good neighborliness, strategic partnership, and mutual trust. In this context, cooperation in trade, economics, transport and logistics, energy, water, ecology, security, culture, and education between the countries of our region will be deepened.

Expanding trade and economic cooperation with Afghanistan and integrating it into regional economic processes will remain one of our key objectives.

We will continue to focus on strengthening multifaceted and mutually beneficial relations with key foreign partners, including Russia, China, the United States, Turkey, Germany, France, Italy, the United Kingdom, South Korea, Japan, Saudi Arabia, the UAE, Qatar, Jordan, Kuwait, Oman, India, Pakistan, and other countries.

At the same time, one of our strategic priorities will be to consolidate beneficial cooperation in new and prospective directions with Southeast Asia, the Middle East, Africa, and Latin America, and to expand relations with the countries of the South Caucasus and South Asia.

I would like to take this opportunity to address the esteemed ambassadors of foreign countries attending today’s conference: I express my special gratitude to your governments for actively supporting the expansion of relations with us and Uzbekistan’s accession to the World Trade Organization.

We will bring our close cooperation with reputable international and regional organizations and economic institutions to a new level.

In collaboration with the International Monetary Fund, the World Bank, the Asian Development Bank, the Islamic Development Bank, the European Bank for Reconstruction and Development, the Asian Infrastructure Investment Bank, and other leading financial institutions, we will continue work on technological modernization of our economy, infrastructure development, and the implementation of sustainable energy and transport projects.

We will further strengthen traditional, broad-based partnerships within the Commonwealth of Independent States, the Shanghai Cooperation Organization, the Organization of Turkic States, and the Organization of Islamic Cooperation.

Such grand tasks require us to further consolidate peace and stability in our country, strengthen interethnic and interfaith friendship and harmony, and enhance the combat readiness of our Armed Forces. We will take all necessary measures to achieve this.

Dear compatriots!

Today, together with you, we have set ambitious goals for 2026 and the next five years.

The significant achievements and new priority tasks necessitate a revision of the “Uzbekistan - 2030” strategy. This document, which concerns the country’s development over the next five years, will undergo broad public discussion and be improved based on citizens’ feedback. I also call on members of parliament to actively participate in this process with their proposals.

Next year, we will further develop the sphere of spirituality and widely celebrate important dates in our social and cultural life. In particular, we will celebrate the glorious 35th anniversary of our country’s independence a foundation for all our achievements and victories-as a major national holiday.

We must also begin preparing now for the anniversaries of our revered ancestors, Amir Timur and Mir Alisher Navoi. To mark such grand occasions at a high level and in a dignified manner, we will certainly adopt the necessary resolutions. I am confident that neighborhoods, educational and training institutions, labor collectives, our intellectuals, embassies abroad, and the entire nation will actively participate in implementing these plans.

Dear and respected compatriots!

Today, I want to speak to you and, through you, to our entire nation: history itself and life itself are placing upon us a great responsibility.

Our beloved homeland is today becoming a land of free and independent people, living and working under new political, legal, social, and spiritual relations.

It is clear to all of us that six centuries ago, our ancestor Mirzo Ulugbek created a map of the stars for humanity. Today, we must create a roadmap for a happy life for our present and future generations.

If we deeply feel this truth and act together, we are capable of achieving any lofty goal, and no force can divert us from our path.

If we are united, as one people, one nation, and strive forward together, we will certainly achieve our great objectives!

I believe in our brave and noble people on this path!

I believe in Uzbekistan’s unparalleled strength and potential, and in the determination and courage of our dear youth!

I take this opportunity to sincerely thank all of you, who work selflessly and wholeheartedly, as true children and devoted guardians of our sacred land, thinking of the interests of the nation and the fate of our homeland, and to our constructive, industrious people.

I wish you all robust health, family happiness, and great achievements and success in the coming year.