Uzbekistan privatizes state shares in key enterprises, including Silk Avia and Humo, under a presidential decree to reduce state involvement in the economy.
Uzbekistan is privatizing state shares in key enterprises, including Silk Avia airline and Humo payment system, as part of a presidential decree to reduce state involvement in the economy. This move will also involve the privatization of shares in several organizations under "Uzbekneftegaz", "Uzavtosanoat", and "Uzbekistan Railways" JSCs. The plan includes an initial and secondary public offering of state shares in twelve large enterprises on the local stock market.
April 26, 2024
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