Finance
Finance
Uzbekistan Shadow Economy Halves Since 2019
Uzbekistan's unobserved economy dropped from 50% of GDP in 2019 to about 25% by 2025, according to the Fiscal Strategy for 2027–2029.
Uzbekistan Health Insurance Budget Transfers to Rise 29-Fold
Budget transfers to Uzbekistan's State Health Insurance Fund are projected to reach 38.1 trillion soums in 2027, according to the …
Uzbekistan Public-Private Partnership Portfolio Expands 2.5-Fold
Uzbekistan's public-private partnership project portfolio grew 2.5-fold in 2025 to 2,818 projects valued at 437.9 trillion soums.
Uzbekistan State Debt Reaches US$46.9 Billion
Uzbekistan's state debt reached US$46.9 billion or 31.9% of GDP as of 1 January 2026, according to the Fiscal Strategy …
Uzbekistan Budget Revenues to Exceed Target by 19%
Uzbekistan expects state budget revenues to reach 439.7 trillion soums in 2026, exceeding the approved target by 19%, according to …
Uzbekistan Approves Fiscal Targets Through 2029
Uzbekistan has outlined its medium-term fiscal policy targets for 2027–2029, aiming for annual GDP growth of about 7% and budget …
Central Bank Approves Licensing Rules for Islamic Banking
The Central Bank of Uzbekistan has approved licensing rules for Islamic banks and Islamic windows operated by existing commercial banks.
Uzbekistan Updates Regulations for Islamic Banking Framework
Uzbekistan's Central Bank has amended eight regulations to strengthen the legal framework for Islamic banking, covering licensing, governance and prudential …
IFC Launches First Catalytic First Loss Guarantee in Uzbekistan
IFC has launched its first Catalytic First Loss Guarantee investment in Uzbekistan with Ipak Yuli Bank to expand financing for …
ITFC, Hamkorbank Sign US$100 Million Islamic Finance Deal
ITFC and Hamkorbank have signed a US$100 million syndicated Islamic trade finance facility, the largest standalone transaction of its kind …