Finance
Finance
Rapid growth of Uzbekistan’s insurance sector driven by high-risk business areas
According to Fitch Ratings, the rapid growth of Uzbekistan’s insurance sector is driven by high-underwriting-risk areas, which could lead to volatility in the financial results …
Uzbekistan to establish a unified and transparent public sector pay system
Uzbekistan plans to reform the remuneration system for public servants by eliminating supplementary payments and bonuses from off-budget sources, ensuring …
Central Bank of Uzbekistan plans to create a universal payment QR code
In 2025, the Central Bank of Uzbekistan plans to introduce unified standards for payment QR codes, simplifying the cashless payment …
Central Bank of Uzbekistan plans to connect citizens to instant payment system
The Central Bank of Uzbekistan is considering connecting individuals to the Instant Payment System, as reported by Mirosiz Mirkhayotov, Deputy …
WeChat and Alipay could be integrated with Uzbekistan’s national payment systems
Chinese payment systems WeChat and Alipay may be integrated with Uzbekistan’s payment systems, according to Miraziz Mirkhayotov, Deputy Director of …
Uzbekistan allocates 4.4 trillion soums for mortgage loans in first three months of 2025
In the first three months of 2025, a total of 4.4 trillion soums was allocated for mortgage loans in Uzbekistan, …
Transaction volume via Uzbekistan’s interbank payment system reaches 7.279 quadrillion soums in 2024
In 2024, the total volume of transactions conducted through Uzbekistan’s interbank payment system reached 7.279 quadrillion soums, marking a one-third …
How payment culture is evolving in Uzbekistan: Key takeaways from the media dialogue at the Central Bank
A media dialogue with the participation of media representatives and bloggers was held in Tashkent, organized by the Central Bank …
Uzbekistan approves strategy for public finance management reform for 2025–2030
On 8 April, 2025, the Cabinet of Ministers of the Republic of Uzbekistan adopted Resolution No. 210, officially approving the …
Uzbekistan ratifies agreement on establishing the Eurasian Development Bank
President of the Republic of Uzbekistan Shavkat Mirziyoyev has signed a law ratifying Uzbekistan's accession to the Agreement on the …