{
  "title": "State Owned Enterprises in Uzbekistan: Issues and Reform Options",
  "publication": "Selected Issues Papers, July 8, 2026",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2026/07/07/state-owned-enterprises-in-uzbekistan-issues-and-reform-options-577571",
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  "summary": "This paper provides an overview of the role of state-owned enterprises (SOEs) in Uzbekistan, examining their economic footprint, financial performance, and reform trajectory.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Provides an overview of the role of state-owned enterprises (SOEs) in Uzbekistan, examining their economic footprint, financial performance, and reform trajectory.\n- Describes how SOEs play a prominent role in the economy while interacting closely with public finances through various forms of support and the creation of fiscal risks.\n- Reviews recent reforms to SOE governance, transparency, and privatization frameworks, and discusses areas of progress and challenge.\n- Draws on international experience to conclude that advancing SOE reforms will require clarifying the state’s ownership role, reducing SOE presence in non-strategic and competitive sectors, and strengthening governance, transparency, and incentives in enterprises remaining under state ownership to support private sector-led growth."
    },
    {
      "heading": "Key findings",
      "content": "- SOEs play a prominent role in the economy and interact closely with public finances through various forms of support and the creation of fiscal risks.\n- Recent reforms have targeted SOE governance, transparency, and privatization frameworks, yielding areas of progress and ongoing challenges.\n- Advancing SOE reforms is necessary to support private sector-led growth."
    },
    {
      "heading": "Policy recommendations and reform options",
      "content": "- Clarify the state’s ownership role.\n- Reduce SOE presence in non-strategic and competitive sectors.\n- Strengthen governance, transparency, and incentives in enterprises remaining under state ownership.\n\n---\n\n Content in this bundle\n\n- State Owned Enterprises in Uzbekistan: Issues and Reform Options\n  - State Owned Enterprises in Uzbekistan: Issues and Reform Options (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - State Owned Enterprises in Uzbekistan: Issues and Reform Options (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2026/07/07/state-owned-enterprises-in-uzbekistan-issues-and-reform-options-577571"
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    "Authors: Alejandro Simone, Sarvar Ahmedov, Shuyi Wang, Amel Ould-Brahim",
    "Published: July 8, 2026",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798229052610.018",
    "Provides an overview of the role of state-owned enterprises (SOEs) in Uzbekistan, examining their economic footprint, financial performance, and reform trajectory.",
    "Describes how SOEs play a prominent role in the economy while interacting closely with public finances through various forms of support and the creation of fiscal risks.",
    "Reviews recent reforms to SOE governance, transparency, and privatization frameworks, and discusses areas of progress and challenge.",
    "Draws on international experience to conclude that advancing SOE reforms will require clarifying the state’s ownership role, reducing SOE presence in non-strategic and competitive sectors, and strengthening governance, transparency, and incentives in enterprises remaining under state ownership to support private sector-led growth.",
    "SOEs play a prominent role in the economy and interact closely with public finances through various forms of support and the creation of fiscal risks.",
    "Recent reforms have targeted SOE governance, transparency, and privatization frameworks, yielding areas of progress and ongoing challenges.",
    "Advancing SOE reforms is necessary to support private sector-led growth.",
    "Clarify the state’s ownership role.",
    "Reduce SOE presence in non-strategic and competitive sectors.",
    "Strengthen governance, transparency, and incentives in enterprises remaining under state ownership.",
    "**State Owned Enterprises in Uzbekistan: Issues and Reform Options**"
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