IMF Praises Uzbekistan’s Strong Economic Growth
Growth was supported by increased investment and strong consumer demand
Banks & Finance
Uzbekistan Projects $43 Bn Budget Revenue for 2026
Value added tax will provide the largest share of income
Uzbekistan To Reach $200 Bn GDP by 2030
GDP is expected to grow by 7% this year
Nvidia Backs Revolut in Share Sale Valuing Fintech at $75Bn
Nvidia joins major investors as Revolut hits $75bn valuation in secondary share sale
S&P Upgrades Uzbekistan’s Rating to “BB” on Reforms and Gold Boost
S&P lifts rating to ‘BB’ as reforms, strong growth and gold reserves strengthen Uzbekistan’s outlook
Shinhan Bank Adds Uzbek and Nepali to Foreign-Language Services
The bank now provides consultations in 12 languages
Three Altcoins Analysts Are Watching as Bitcoin Nears $80K
Analysts highlight Zcash, Pi Coin and Tensor as potential outperformers if Bitcoin slides further
Microfinance and Pawnshop Activity Rises in Uzbekistan by Q3 2025
During this period, both assets and capital of these institutions increased
Uzbekistan Becomes Largest Net Seller of Gold as Prices Surge
The Central Bank of Uzbekistan sold more gold than it purchased
Fitch Affirms Uzbekneftegaz at “BB” with Stable Outlook
Bitcoin Could Fall to $10K, Bloomberg Analyst Warns in Stark Bear Case
Uzbekistan Targets London IPO for National Investment Fund
UzNIF recently restructured its portfolio to 15 companies
Bitcoin Drops Under $90K for First Time in Seven Months
Shares linked to digital assets have also slumped
National Bank of Pakistan to Open Uzbekistan Branch
Both sides agreed to aim for bilateral trade of $2 bn
Bitcoin Slips to $93,000 as Fear Index Hits Extreme Levels
This fall wiped out all gains made in 2025
S&P Global: 85% Of Global Bank Ratings Remain Stable As 2026 Approaches
Most major markets have seen improvements in Tier 1 capital ratios from 2022 to 2024
ADB Approves $300 Mln Loan to Boost Inclusive Finance in Uzbekistan
Uzbekistan’s Lower House Passes Islamic Banking Bill, Sends it to Senate
Uzbekistan advances Islamic banking bill to the Senate, setting legal and tax rules for Sharia-compliant finance
Kyrgyzstan Launches World’s First State-Issued, Gold-Backed Stablecoin USDKG
Visa and Mastercard Propose Revised $38 Bn Settlement in Long-Running Swipe Fee Case
Visa and Mastercard have not admitted wrongdoing
Apple Pay and Google Pay Set to Launch in Uzbekistan
Work to introduce these payment systems is being carried out in partnership with Google
Bitcoin ETFs end Six-Day Slide with $240mln of Inflows
BlackRock and Fidelity lead $240mln rebound as institutional demand for Bitcoin returns
Uzbekistan Inflation Expectations Drop to 11.7% in October
The lowest forecasts were in Fergana at 10.4%
Uzbekistan Finalises WTO Negotiations with Canada and Panama
Discussions remain with three additional countries