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Economy

Saida Mirziyoyeva adds the Tashkent financial centre to the presidential administration she already runs

A presidential decree reported on Thursday appoints Saida Mirziyoyeva, head of the presidential administration and the president's daughter, managing director of the Tashkent International Financial Centre, the jurisdiction with its own regulator, court and a tax regime to 2076 that came into force in July. She keeps the administration.

Saida Mirziyoyeva adds the Tashkent financial centre to the presidential administration she already runs

Gazeta.uz and UzDaily reported the appointment at 13:07 Tashkent time. The decree's number and date are not given in either report, and neither names a predecessor.

The functions, as the two outlets list them: the managing director serves as general secretary of the centre's council, takes part in forming its agenda and chairs its sittings in the chairman's absence; coordinates the work of launching the centre and preparing its documents; manages the interaction between state bodies and the centre's structures; represents the centre with investors and partners abroad; takes part in appointing the executive director of the centre's administration and deputies; and may conclude agreements, form working groups and engage experts.

The chairman of the council is not named in either report. UzDaily's wording is that the appointment is concurrent with her post as head of the administration.

The centre itself is 7 weeks old in law. The constitutional law on the Tashkent International Financial Centre came into force on 25 July; Gazeta.uz's summary on Thursday lists a special legal and currency regime, a separate financial regulator, an independent commercial court and tax benefits to 2076. It is a different instrument from the Enterprise Uzbekistan law of 2026, which takes effect in January 2027, and the desk keeps the two apart.

The appointment lands on a day of other Tashkent decisions. The International Bank of Azerbaijan closed its purchase of 51% of Davr Bank on the Tashkent exchange, the subject of the next item. The Senate, at its 19th plenary sitting, passed the law that takes the Latin-script Uzbek alphabet from 26 letters and 3 digraphs to 28 letters and an apostrophe, UzDaily reported. And on Wednesday night UzDaily reported the decree of 5 September that made Gofurjon Mirzaev vice-premier with the hokims, the โ€œmahalla sevenโ€ and the banks under his weekly coordination, in a cabinet restructuring that caps management staff at 235 positions.

The chairman of the council is not named in either report.

What the post carries in money is not in the reports: no capital, no resident count, no budget for the centre's administration. What it carries in reach is in the list of functions: the agenda, the sittings, the investors and the staff of a jurisdiction inside Uzbekistan that answers to its own regulator.