Finance
Finance
EBRD provides Davr Bank with US$15 million to support private business in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) continues to support the development of the private sector in Uzbekistan by extending a new credit line …
EBRD allocates US$25 million to support youth entrepreneurship in Uzbekistan
Young entrepreneurs in Uzbekistan will gain new opportunities for growth through a US$25 million (EUR 21.9 million) credit line provided …
Strategic Reforms Agency refutes rumors of pension system privatization
The Strategic Reforms Agency has addressed public discussions circulating on social media regarding proposals for pension system reform.
Competition Committee ensures integration of UPay with HUMO
Following an analysis conducted by the Committee for Competition Development, full integration of the UPay payment system with the national …
Uzbekistan’s Tax committee warns of fraudulent “debt” emails
The Tax Committee of Uzbekistan has issued an official warning about fraudulent emails being sent to citizens under the guise …
UZCARD and the Ministry of Internal Affairs launch national digital literacy program
On 13 May 2025, the official launch of a nationwide digital literacy initiative took place in the Fergana Valley. The …
Central Bank proposes to restrict hidden terms in loan agreements
The Central Bank of the Republic of Uzbekistan has prepared a draft of amendments and additions to the “Regulation on …
Uzbekistan tests Humo token
A new digital asset, the Humo token, secured by government bonds, is currently being tested in Uzbekistan. This was reported …
Inflation expectations remain high in Uzbekistan, especially in major cities
According to April surveys, inflation expectations in Uzbekistan have remained at 14.2% annually, as reported by the Central Bank of …
Uzbekistan’s gold and foreign exchange reserves increased to US$49.25 billion in April
As of April 2025, Uzbekistan’s gold and foreign exchange reserves grew by US$1.4 billion, reaching a total of US$49.25 billion, …