Finance
Finance
Uzbekistan and BRICS New Development Bank Prepare US$5 Billion Project Portfolio
On 9 June, the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, met with Dilma Rousseff, President of the BRICS New Development Bank (NDB), who …
Uzbekistan’s Competition Committee Launches Probe into “Rich Woman” Project Following Public Complaints
Uzbekistan’s Competition Committee has launched an investigation into the “Rich Woman” project after receiving 50 formal complaints from citizens, according …
Uzbekistan’s Central Bank Reserves Hit All-Time High, Surpassing US$49 Billion
As of the end of May 2025, the gold and foreign exchange reserves of the Central Bank of Uzbekistan rose …
TBC Bank Group Raises US$200 Million to Accelerate Growth in Uzbekistan
TBC Bank Group, operator of Georgia’s leading financial services ecosystem and the largest digital bank in Uzbekistan, has announced a …
EBRD President to Visit Uzbekistan
Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD), will visit Uzbekistan on 10–11 June 2025 for …
Meeting of Finance Ministers and Central Bank Governors of SCO Member States Held
On 3 June 2025, a regular meeting of finance ministers and central bank governors of the Shanghai Cooperation Organization (SCO) …
Uzbek Soum Continues Gradual Appreciation
As of 5 June 2025, the US dollar is trading at 12,810 Uzbek soums. Over the past week, the national …
The SCO Interbank Association Council Discusses Expansion of Interbank Partnership and Transition to Settlements in National Currencies
On 5 June 2025, the 21st meeting of the Council of the Shanghai Cooperation Organization Interbank Association (SCO IA) was …
Uzbekistan’s state budget revenues grew by 21.5% in the first quarter of 2025 — Ministry of Economy and Finance
In the first quarter of 2025, Uzbekistan saw a significant acceleration in the growth of state budget revenues, according to …
Salaries Spending in Uzbekistan’s Budget Declines Amid Increased Investment in Science and Healthcare
In the first quarter of 2025, the share of wage expenditures in Uzbekistan’s state budget decreased to 47% of total …