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Central Bank of Uzbekistan: Business Climate Improves in Karakalpakstan and Khorezm

According to the Central Bank of Uzbekistan’s Q2 2026 business climate survey, 65% of entrepreneurs in the Republic of Karakalpakstan and Khorezm Region reported improved operating conditions.

Among the key economic activity indicators, 55% of respondents reported higher order volumes, 54% noted production growth, and 49% pointed to increased demand for additional labor. Looking ahead, 81% of entrepreneurs expressed confidence that economic and business conditions will continue to improve over the next three years.

Sources