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Eng

12.03.2026

A meeting was held to enhance the efficiency of strategic state-owned enterprises

In line with the instructions given at the meeting chaired by the President of the Republic of Uzbekistan on October 27, 2025, regarding the reduction of production costs and improvement of efficiency in state-owned enterprises, relevant work in this direction is being continued by the Republican Commission established by Order No. F-59 dated November 18, 2025 under the leadership of the Chamber of Accounts.

Additionally, on March 11, 2026, the Head of State issued further instructions on ensuring the implementation of business plans of major strategic state-owned enterprises, reducing production costs, and improving efficiency.


In this regard, discussions were held at the Chamber of Accounts on March 13 with the participation of the heads of 20 major state-owned enterprises (the Agency for State Asset Management, Uz Assets JSC and others).


During the discussions, issues related to ensuring the implementation of the President’s instructions given at the March 11 meeting and during his visit to Ohangaron district, as well as the work carried out by the Republican Commission in this area, were reviewed.


First Deputy Chairman of the Chamber of Accounts M.Abdullaev presented information on the measures implemented within the framework of this order.


It was noted that, together with the Ministry of Economy and Finance and relevant sectors, the approval of business plans for 20 enterprises for 2026, as well as programs for reducing costs and production expenses, has been ensured.


Participants of the meeting were presented with demonstrations of the implementation of business plans and cost-reduction programs using the example of the “Unified Digital Platform” and “Unified Treasury” information systems of Uzkimyosanoat JSC.


In addition, the opportunities and effectiveness of using the “Unified National Project Management” information system developed jointly by the Chamber of Accounts and the Ministry of Investments, Industry and Trade were demonstrated.


Participants were provided with detailed explanations of the advantages of integrating these systems into production processes, enabling online monitoring, automating calculations, and ensuring transparency in procurement.


Special attention was paid to the introduction of modern information systems in state-owned enterprises. In particular, the “FINCONTROL” module was introduced within the automated information system “Remote Audit” to strengthen monitoring of public procurement.


Through this module, financial processes within enterprises are monitored and the efficiency of expenditures is analyzed. It was noted that the monitoring process aims not to impose sanctions but to identify problems at an early stage, analyze them, and support informed decision-making.

The event was held in an interactive format.


At the end of the meeting, a number of specific tasks were assigned to the heads of strategic state-owned enterprises. In particular, they were instructed to ensure the full implementation of business plan indicators for 2026, introduce the “Unified Treasury” and “Financial Model” information systems, enhance transparency in public procurement, and continuously monitor the implementation of investment projects through digital platforms.


In addition, UzAssets and the Agency for State Asset Management were instructed to strengthen oversight over the execution of business plans jointly with the supervisory boards of enterprises.


It was emphasized that timely and high-quality implementation of the instructions of the Head of State, improving the efficiency of strategic enterprises, and ensuring the rational use of state resources remain key priorities.


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