Main Targets of Uzbekistan’s 2022-2026 Development Strategy

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Uzbekistan, which will celebrate the 35th anniversary of its independence in 2026, has set 2026 targets and adopted the 2022-2026 Development Strategy, based on its 30 years of experience and experience as of 2022. It is definite that this strategy is making a powerful map for reaching the aims of constructing New Uzbekistan, under the visionary leadership of Mr Shavkat Mirziyoyev, who has become the President in 2016.

Uzbekistan based Development Strategy Center’s (DSC)[1]  studies about that roadmap is quite illuminating. Especially the President of DSC, Eldor Tulkayov’s writings, which have been published in several languages, are quite significant for understanding the issue. In this analysis, targets of Uzbekistan for 2026 will be examined, based on Tukayov’s study titled “Economic Development as a Priority in the Development Strategy of Uzbekistan for 2022-2026” published on the website of Ankara Center for Crisis and Policy Studies (ANKASAM). It can be seen the targets in question in the infographic in Image 1 in its most summary form.

Image 1: Uzbekistan’s targets for 2026

Resource: Eldor Tulyakov, “2022-2026 Özbekistan Kalkınma Stratejisi’nde Bir Öncelik Olarak Ekonomik Kalkınma”, ANKASAM,, (Date of Accession: 19.02.2022).

As the whole world appreciates, New Uzbekistan, which accelerated its integration with the international community under the leadership of Mr Mirziyoyev and came to the fore with its peaceful rhetoric, is trying to crown the benefits of its balance-based multi-vector foreign policy in terms of its 2026 goals, as well. On the basis of those aims, there is the desire for creating a strong and stable state and provide a prosperous life for the Uzbek public. Therefore, the Tashkent administration is quite decisive “Third Renaissance” period to rule successfully

The 2022-2026 Development Strategy, which was declared as a reflection of the strong will, is emerged out of inclusive public opinion research for clarifying the needs of the people. Therefore, the route for the future of Uzbekistan is drawn by the Uzbek people as well.

Strategy Document envisages supporting small and medium-sized enterprises, attracting foreign investments to Uzbekistan to create employment in a way that will eliminate unemployment as a problem, speeding up the privatization processes by combating monopoly in order to adapt to the free market economy, and ultimately increasing the living standards of the people by reducing inflation. [2]

Image 2: Graphic of Uzbekistan’s Inflation Rate

Resource: Tulyakov, loc. cit

In that sense, Uzbekistan has already achieved economic aims since Mr Mirziyoyev has become the President. For instance, as it can be understood by Image 2, the inflation, which was 18.8% in December 2017, dropped to 10% in December 2021. Thusly for the last 3 years, Tashkent has become successful in terms of economics. Of course, this situation is a solid result of decisive steps which was taken under the leadership of Mr Mirziyoyev. Now, it is aimed that the inflation will be decreased to 5% until December 2023, because of planned policies.[3] 

In that context, the Tashkent administration is planning to support the sectors like the chemistry industry, drugs sector, energy projects, studies on switching into renewable energy, and the furniture and tourism sector. In addition, digitalism and switching into the digital economy was paid attention to by the Tashkent administration. Thus Uzbekistan is not accepting falling behind the technological era.

On the other hand, one of the goals of Uzbekistan is to be a self-sufficient country and to ensure “food security”. In this context, Tashkent Administration is preparing for creating support and incentive for the farming and agriculture sectors. Uzbekistan’s plan for sector-based development can be seen in the infographic in Image 3.

Image 3: 2022-2026 Development Plan of Uzbekistan

Resource: Tulyakov, Loc. cit

As a result of all the initiatives, Uzbekistan is waiting for 1,6 times of expansion on Gross Domestic Product (GDP). This will mean that the national income will reach 4.000 dollars per person.[4] Therefore, the GDP growth rate will be 6,5% if Uzbekistan reaches its aims of development.

Striving to be one of the leading actors of the global economy in line with its 2026 goals, Uzbekistan also wants to be accepted into the World Trade Organization (WTO). In this direction, the Tashkent administration also supports the policies it carries out to achieve the country’s economic goals with political reforms. As a matter of fact, Mr Mirziyoyev, who succeeded in making his country one of the respected states of the world and focusing on breakthroughs, acts with an approach that makes the rule of law a fundamental priority, in accordance with the spirit of the “Third Renaissance”, and adopts transparency and justice as the main principle of the state. In this context, Uzbekistan clearly declares that it will continue its political and legal reform processes in line with its 2026 targets.

As a result, Uzbekistan supports the balanced multi-vector policy understanding that it implements in its foreign policy with liberalization moves in the context of rights and freedoms in domestic politics, and as an output of this, it is perceived as a reliable country for foreign investors. In this context, it can be said that New Uzbekistan will resolutely continue the steps it has taken since 2016 under the leadership of Mr Mirziyoyev. As a result of this, the country implements a development policy determined in the 2022-2026 Development Strategy and can be described as an “economic revolution”. The strategy is carried out with a liberalization trend in line with Tashkent’s foreign policy and domestic policy. The goal of these policies is to create a state where all Uzbeks can live in prosperity and peace.

[1] DSC,, (Date of Accession: 17.02.2022).

[2] Eldor Tulyakov, “2022-2026 Özbekistan Kalkınma Stratejisi’nde Bir Öncelik Olarak Ekonomik Kalkınma”, ANKASAM,, (Date of Accession: 19.02.2022).

[3] Ibid.

[4] “Strategy of New Uzbekistan for 2022-2026: Macroeconomic Stability”, Review,, (Date of Accession: 19.02.2022).

Prof. Dr. Mehmet Seyfettin EROL
Prof. Dr. Mehmet Seyfettin EROL
Born in 1969, Dörtyol-Hatay, Prof. Dr. Mehmet Seyfettin Erol graduated from Boğaziçi University (BU), Department of Political Science and International Relations in 1993. After completing his master's degree at BU in 1995, Erol was accepted to the PhD program at BU in the same year. After completing his PhD at Ankara University in 2005, Erol became an associate professor in the field of “International Relations” in 2009 and a professor in 2014. Erol worked at the Eurasian Center for Strategic Studies (ASAM) between 2000 and 2006 and and served as the General Coordinator of ASAM for a period. In 2009, he served as also Founding Chairman and Board Member of the Institute for Strategic Thinking (SDE). He is also the Founding President of the Center for International Strategy and Security Studies (USGAM) and the President of the International Relations Institute of the New Türkiye Strategic Research Center (YTSAM). Prof. Erol has also served as the Director of Gazi University Strategic Research Center (GAZISAM). In 2007, Prof. Erol received the “Turkish World Service Award” from the Writers and Artists Foundation of the Turkic World (TÜRKSAV), and has received numerous awards for his academic work and his activities in the media. Some of them can be listed as follows: 2013 “Print Media of the Year Award” by the Association of Contemporary Democrats, 2015 “APM 10th Year Service Award”, “2015 Press-Intellectual of the Year Award” by the Writers' Union of Türkiye (YTB), “2016 Volunteer Ambassadors Media Honor Award” by the Anatolian Village Guards and Martyrs' Families, “2016 Türkiye Honor Award” by the Yoruk Turkmen Federations. Prof. Erol has 15 book studies. The names of some of them are as follows: “The United States of Turks from Dream to Reality”, “Türkiye-EU Relations: Foreign Policy and Internal Structure Problems”, “The New Great Game in Eurasia”, “The Search for Strategy in Turkish Foreign Policy”, “The Search for Security in Turkish Foreign Policy”, “The Republic of Türkiye-Russian Federation Relations”, “The Cold Organization of Hot Peace: The New NATO”, “Theoretical Approaches in Foreign Policy Analysis: The Case of Turkish Foreign Policy”, “Crises and Crisis Management: Actors and Case Studies”, “Kazakhstan” and “Current Issues in International Relations”. Since 2002, Prof. Erol, who has carried out radio programs such as “Eurasia Agenda”, “Strategic Perspective”, “Global Perspective”, “Analysis”, “File”, “News Desk”, “The Other Side of the Agenda” on TRT Türkiye's voice and TRT Radio 1 (Ankara Radio), made the programs “Arayış” on TRT INT television between 2004-2007, “Beyond the Border” on Kanal A television between 2007-2010 and “Foreign Policy Agenda” on BBN TÜRK television in 2020-2021. Prof. Erol, whose foreign policy column “Arayış” was published in Milli Gazete between 2012-2018, is consulted for his expertise in numerous national and international media outlets such as television, radio, newspapers, news websites and magazines. Prof. Erol, who also taught at Gazi University Department of International Relations and Ankara University Latin American Studies Center (LAMER) between 2006-2018, has been continuing his academic career as a faculty member at Ankara Hacı Bayram Veli University Department of International Relations since 2018. Since 2006, Prof. Erol has also taught in the Department of Political Science and International Relations at Ufuk University. The main areas of interest and expertise of Prof. Erol and the titles of his courses at the undergraduate, master's and doctoral levels in this area are as follows: “Geopolitics”, “Security”, “Intelligence”, “Crisis Management”, “Current Issues in International Relations”, “Turkish Foreign Policy”, “Russian Foreign Policy”, “US Foreign Policy” and “Central Asia and South Asia”. Prof. Erol, whose articles-evaluations have been published in many journals and newspapers, has been editor of academic journals such as “Eurasia File”, “Strategic Analysis”, “Strategic Thinking”, “Gazi Regional Studies”, “The Journal of SSPS”, “Black Sea Studies”. He is currently in the editorial boards of “Regional Studies,” “International Crisis and Political Research,” “Gazi Academic View”, “Ege University Turkish World Surveys”, “Ankara International Social Sciences”, “Democracy Platform”. Prof. Erol, who has been working as the Founding President of the Ankara Center for Crisis and Political Studies (ANKASAM) since 2016, is married and has three children.