Reducing State Participation in the Economy in Uzbekistan: New Reforms and Prospects for Economic Development

This article examines the institutional foundations of reforms aimed at reducing state participation in the economy of Uzbekistan, as well as the prospects for the further development of privatization processes. The primary objective of the study is to systematically analyze the measures stipulated in Presidential Decree No. PF-177 of the Republic of Uzbekistan dated August 28, 2026, and to assess their potential impact on accelerating privatization, expanding private sector activity, and creating opportunities for attracting investment. The article envisages the use of regulatory and legal document analysis, comparative analysis, and a systems approach. Particular attention is paid to new approaches aimed at improving privatization procedures, enhancing the flexibility of state asset sale mecha. nisms, and encouraging private investor participation.The scientific and practical significance of the study lies in identifying the opportunities and implementation conditions for reforms aimed at reducing state participation in the economy, as well as formulating evidence-based conclusions and recommendations for improving privatization policy.