Thursday, 25, April, 2024

The President’s draft Additional measures to reduce the state's share in the economy decree was posted for public discussion.

The draft announced the list of state-owned enterprises, where state’s stake (shares) will be fully sold, and of those in which the state-owned stake shall be fully or partially kept.

The draft, in particular, proposes to sell the 18.8% state-owned share in Uzbektelecom and keep the 76.0% stake.

In addition, it is psuggested to sell 25.4% of Uzbekistan Post, 85.0% of Coscom (UCell) and 49.0% state share of Uzbekistan Airways.

In addition, the government intends to retain its stake in Uzbekistan Railways, Uzbekistan Airports, Toshshahartransxizmat, Xalq Bank and others.

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