The loans of the business entities in foreign currency, up to $1 million, will be converted into national currency by Uzbek commercial banks.

Gross domestic product (GDP) grew by 3.4 percent year-on-year in January-September backed by a 3.5 percent growth in the real sector, 2.9 percent growth in services.

The substation is expected to be commissioned in 2023.

With increasing government expenditures post-pandemic, Nurmagambetov's idea also attracted attention from the U.S. federal government.

Mirziyoyev faced four rivals, but the issue was never in doubt in a contest described by monitors from the OSCE as offering voters few opportunities to see any interaction between the candidates.