According to the committee, electricity production increased by 6.1% compared to 2020.

It should be noted that Uzbekistan has one of the cheapest electricity in the world. While this may seem like a good thing, the way people obtain it at such a low price makes Uzbekistan’s economy especially precarious in the long run. To put this into perspective, along with the republic at the top of the list of countries with the cheapest electricity are Libya, Angola, Sudan, and other incredibly poor nations. 

The irony of the cheap electricity is in that it is favored by poorer countries who fail to cover all of their population with energy, not despite but precisely because of their energy subsidies. The lower the government tries to push the price of energy, the fewer households it can provide with this artificially cheap resource. 

Earlier, the CB Chairman, Mamarizo Nurmuratov, had said that the issue of liberalization of energy tariffs is on the agenda.