diff --git a/package.json b/package.json
index 53340bcaad..ff729709fe 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
     "name": "azle",
-    "version": "0.16.0",
+    "version": "0.16.1",
     "rust_version": "1.68.2",
     "dfx_version": "0.14.0",
     "description": "TypeScript CDK for the Internet Computer",