Concept of “Strategy for the Development of the Capital Market for 2020-2025”

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The document was developed jointly with consultants from the Asian Development Bank, as well as the European Bank for Reconstruction and Development and involves the introduction of new stock exchange rules in accordance with international standards by 2021. Strengthening of independence of the regulator and the improvements in legislation are indicated as key factors necessary for the successful implementation of the strategy. If everything goes on track, the agency expects an increase in the market capitalization of the Uzbek stock market up to US$ 6 billion by the end of 2025.

It is expected that the full version of the strategy will be put up for public discussion by the middle of December.

The concept can be examined here.

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