The Ministry of Economy and Finance presented a draft resolution of the Cabinet of Ministers for public discussion, which provides for the possibility of compensating part of the interest payments on auto loans taken out for purchasing electric vehicles.
According to the submitted draft, this mechanism will apply to loans issued to individuals for the purchase of electric vehicles on the primary market. Restrictions have been set: the cost of the vehicle itself must not exceed 1000 basic calculation units (BCU, which amount to 440 million soms as of September 1), and the maximum auto loan amount is 300 million soms.
For the first two years, the user will be compensated for a portion of the interest rate exceeding 16%, but this compensation cannot exceed 8 percentage points. For example, with an annual rate of 24%, the compensation will cover 8 p.p., and with a rate of 20%—4 p.p. Compensation is not provided for rates of 16% or lower.
This mechanism is planned to start operating on August 1, 2026, but currently, the document is at the stage of public discussion and has not yet been approved.
The document clearly defines an electric vehicle as a Category M1 vehicle that moves exclusively on an electric motor, is charged from an external power grid, and is not equipped with an internal combustion engine; thus, hybrid models are excluded from the scope of the mechanism.
The auto loan must be issued in national currency and relate to a purchase on the primary market. Compensation can only be provided for loans issued after signing a relevant agreement between the Ministry of Economy and Finance and a commercial bank.
Borrowers who are recognized as creditworthy by the bank according to its internal rules and who have no overdue debts can receive compensation. The citizen must separately declare the desire to receive compensation when submitting an application. The bank makes the decision on issuing the loan, and if compensation is denied, the client must be notified within three working days, stating the reasons. The amount and conditions of compensation must be recorded in the loan agreement.
Financing this program in 2026 is planned through additional sources of the republican budget, while for 2027–2030, funds are planned to be allocated within the state budget, taking into account projected demand.
The draft provoked active criticism on the public discussion portal. Many users opposed the use of budget funds to subsidize auto loans for electric vehicles, believing that this measure would primarily help wealthy buyers capable of purchasing expensive cars.
Some participants in the discussion proposed alternative solutions: instead of interest compensation, they suggested abolishing or reducing the excise tax and other fees upon importing electric vehicles. In their opinion, this would help lower the cost of simpler models and strengthen market competition.
Other commentators insisted on directing budget funds towards social needs, such as education, healthcare, school construction, modernization of power grids, and development of charging infrastructure.
Some participants believe that support for purchasing electric vehicles should be provided through more accessible long-term financial instruments, rather than direct subsidization of individual loans. Such instruments include reducing the down payment, increasing the loan term, or providing banks with cheaper resources.
Users also expressed concerns that such a mechanism could create an unfair advantage for certain sellers or manufacturers. They called for ensuring equal conditions for all market participants and eliminating tariff and non-tariff barriers instead of introducing new subsidies.
Economist Otabek Bakirov sharply criticized the project, calling it 'very bad, harmful, and anti-social.' He noted that the proposal for budget interest compensation contradicts the trend toward reducing tax benefits and creates an additional financial burden on the state budget. Bakirov emphasized that the project itself lacks information on the potential cost of this program to the state.
According to Bakirov, electric vehicles in Uzbekistan are not socially significant goods and are mainly accessible to affluent citizens. He calculated that with the maximum loan amount and compensation, the state could cover up to 24 million soms annually in interest payments per borrower.
Another economist pointed out that the established criteria—limiting the vehicle cost to 1000 BCU, capping the loan at 300 million soms, and requiring purchase only on the primary market—may favor specific market players. As an alternative, he proposed temporarily abolishing the excise tax for all electric vehicle importers, believing that such a step would level the competitive playing field and be more effective than direct budget compensation.
It should be recalled that according to the Tax Committee (TK) registry for 2025, 155,854 companies received tax benefits totaling 119.1 trillion soms. Including customs preferences, the total volume of benefits reached 178.2 trillion soms, which accounts for 9.6% of GDP or 49% of total tax and customs revenues, which is a high figure. The registry lists 732 provisions for benefits (there were 691 at the end of 2025).
Expert Behzodxon Alikhanov analyzed the impact of exemptions on the competitive environment and stated that the next stage of reforms should focus on ensuring equal rules for businesses.
If your internet connection is slow in parts of the house or fails at crucial moments, the problem might be with the router and not the service provider. Three good alternatives for Mesh Wi-Fi routers available on sale on Amazon have been selected to eliminate dead zones and ensure a stable network throughout all rooms.
The Twibi Force AX model represents Intelbras' contribution to the Wi-Fi 6 (AX) standard. It offers greater speed, lower latency, and superior performance in locations where many devices are connected simultaneously. Thanks to Mesh technology, access points communicate intelligently, expanding the signal throughout the house without connection interruptions. This option is recommended for those looking for a modern, domestically manufactured network.
Another highlighted option is the TP-Link Deco M4 kit, designed to facilitate coverage of larger spaces with a constant signal. This system supports the 5 GHz frequency and Gigabit ports, combining stability and speed in a simple Mesh configuration that can be set up via an application. It is considered ideal for both apartments and medium-sized houses that require a network without blind spots.
The Deco E3 emerges as an accessible entry point into the Mesh universe, maintaining the quality associated with the TP-Link brand. This set, consisting of two AC1200 standard access points, adequately covers medium-sized residences, preventing the annoying freezes that occur when moving away from the main router. Installation is uncomplicated, able to be done in just a few minutes using the Deco app.
It is important to note that sales on Amazon are dynamic, and stock in promotions can run out quickly. If any of these routers has caught your interest, it is recommended to purchase the product immediately before the price increases or the item becomes unavailable. A good Wi-Fi infrastructure positively impacts daily life, whether for remote work, video conferencing, or watching series without interruptions.
In an article dedicated to the path to economic progress and improvement, Javan argues that for many years, Iran's economic policy has focused on external sanctions and strategies to counteract them. He emphasizes that to lessen the negative impact of external restrictions, the government must combine economic diplomacy with internal structural transformations.
Eliminating internal obstacles hindering production and investment will not only strengthen Iran's economy against external pressure but also create conditions for sustainable growth, increased employment, higher productivity, and improved public welfare. The author insists that Iran's economy needs structural reforms more than ever—reforms aimed at eliminating internal 'sanctions,' optimizing economic activity, and enhancing the country's long-term capacity to sustainably neutralize the consequences of foreign restrictions.
The newspaper Arman-e-Melli analyzed the regional situation, paying particular attention to the issue between Iran and the United States. According to the publication, an analysis of reports published by regional and international media indicates a possible approach to a resolution in negotiations between Oman and Iran regarding the Strait of Hormuz. The actions of Iran, the United States, and mediators suggest that the Hormuz issue should be viewed as the primary channel for any negotiations or agreements with Washington.
Iran, believing that the US is obstructing the implementation of agreements in Isfahan, continues to maintain that the Hormuz issue must remain an available lever of pressure against Washington and its regional allies. Tehran intends to engage in bilateral negotiations with the United States only after this issue is resolved. If both sides can settle the issue of passage through the Strait of Hormuz, it could lay the foundation for resolving a larger problem—ending the war—and potentially open the way for further negotiations between Iran and the US.
In an interview with political analyst Dr. Jadollah Javani, the publication Jam-e-Jam discussed America's 'humiliating defeat.' According to Javani, Americans and their allies now clearly realize that Iran's military potential is at peak readiness, following the losses sustained in Kuwait, Bahrain, and Jordan by Iranian armed forces. He asserts that any mistake by the adversary—especially a careless ground invasion by US troops into Iranian territory—will result in entry points becoming graves for the misled mercenaries.
In Javani's view, Iran's advantage lies in its realistic assessment of the enemy, whereas America's Achilles' heel is its inability to understand the Iranian people. Today, he says, the United States is forced to acknowledge an inevitable strategic defeat because it entered a war with a people it never understood.
Sazandegi highlighted the possibility that Iran and the United States are approaching a point of mutual understanding. Experts believe that a new agreement regarding the Strait of Hormuz could serve the interests of both countries. If the naval blockade is lifted, Iran can resume oil exports, and the United States can find a way out of the current deadlock. As reported by The New York Times, such an agreement would provide Iran with a strategic leverage it previously lacked.
However, Trump opponents view any deals with Iran as a sign of US retreat. Failed negotiations or sabotage by the United States or Israel could push the region into a new phase of mutual attacks between Iran and America. Even with an agreement on Hormuz, disputes between Tehran and Washington will not end; the parties will move into a more complex phase—nuclear negotiations. This issue is significantly more complex than regulating shipping in Hormuz and may provide a clearer picture of the future of Iran-US relations and regional development.
Resalat analyzed what it sees as a shift in US strategy. Military events and shelling in Iran's southern skies and strategic sea lanes demonstrate a key phase of change in the confrontation with Washington and Tel Aviv. Months after the start of this conflict round, the military and strategic stalemate of the United States and Israel in containing Iran's deterrence network is becoming increasingly evident. This failure, the publication claims, has pushed the Western axis toward conducting intelligence warfare, special operations, and activating infiltration networks and coup attempts inside Iran.
The main battlefield is no longer just the sea or military bases; it has moved inside Iran's security structures and into efforts to maintain internal stability. The most dangerous aspect of this strategic shift, according to Resalat, is the West's dependence on internal proxies.
Nvidia is planning to allocate up to US$ 3 billion to Lancium, an energy infrastructure developer linked to the Stargate data center campus located in Texas.
This news was revealed by The Information last Friday (07), based on sources with knowledge of the matter. Initially, the agreement foresees an investment of US$ 2 billion, which would guarantee Nvidia approximately a 20% stake in Lancium, a company supported by the Blackstone fund.
There is a possibility of an additional investment of US$ 1 billion, provided certain objectives are met, including connecting the developments to the electrical grid. The operation values Lancium and the set of land and energy connections under its control at an estimated corporate value of about US$ 10 billion.
The financial resources will also be used to strengthen the company's expansion while it evaluates a possible Initial Public Offering (IPO) scheduled for 2027. Lancium manages the Lancium Clean Campus, an area of approximately 1,000 acres located in Abilene, Texas, and this complex is the first operational site related to the Stargate initiative, a project focused on building data centers.
The business structure defines an initial capital injection of US$ 2 billion, enough to secure nearly one-fifth of the company for Nvidia. The chance of increasing the investment by another US$ 1 billion depends on meeting specific goals, such as obtaining connections to the electrical grid.
This potential disbursement occurs at a time when Lancium seeks to expand its activities. As reported by The Information, the company is also analyzing the feasibility of conducting an initial public offering of shares in 2027. Lancium has the backing of Blackstone, which is among the company's investors.
With this new agreement, the estimated enterprise value for Lancium, considering its real estate assets and energy connections, reaches approximately US$ 10 billion. The operation is connected to the advancement of Stargate, a venture composed of SoftBank, OpenAI, and Oracle to develop data center facilities. This project was presented in January by U.S. President Donald Trump, who mentioned that the participants intended to allocate up to US$ 500 billion in infrastructure necessary for artificial intelligence.
Neither Nvidia nor Lancium issued immediate responses to requests for comment made by Reuters regarding this transaction.
