The Capital Market Development Agency, together with the EBRD and ADB, have developed a Capital Market Development Strategy for 2020-2025.
The expected results of the strategy are:
clear rules for all market participants / reliable protection of investor rights;
bringing the share of securities in free circulation (Freefloat) to 10% of GDP ($ 6 billion);
inclusion in international frontiermarkets indices;
significant increase in foreign investment in Uzbekistan through the capital market;
reducing the dependence of the economy on the banking sector and the presence of the state in the banking sector;
growth in welfare – it is planned to attract 2.5 million local investors. (Expected volume of investments – 6% of savings);
attracting additional funds from the shadow turnover to the economy;
ensuring the growth of the economy of Uzbekistan at a faster pace (2% higher than forecast).