Finance
Finance
UnionPay and HUMO Sign Memorandum on QR Payment Compatibility
UnionPay International and Uzbekistan’s HUMO payment system continue to strengthen their partnership.
AIIB Allocates US$500 Million for “Green” Economy and Reforms in Uzbekistan
The Asian Infrastructure Investment Bank (AIIB) and the government of Uzbekistan have signed an agreement to finance the Green and …
Uzbekistan Expands Tools for Public Oversight and Fiscal Transparency
Uzbekistan is implementing a new set of measures aimed at enhancing the transparency of the tax system, strengthening public oversight, …
Uzbekistan Introduces Annual “Best Mahalla Taxpayer” Award
Starting from 1 January 2026, Uzbekistan will implement a new system to reward mahallas that demonstrate high levels of tax …
Uzbekistan’s Annual Inflation Reaches 7.5% in November
In November 2025, Uzbekistan’s overall Consumer Price Index (CPI) rose by 0.7% month-on-month, lower than the 0.9% recorded in the …
Namangan Launches Pilot Project for New Tax Administration Model
A pilot project aimed at enhancing the efficiency of tax administration, reducing arrears on property and land taxes, and strengthening …
Uzbekistan’s Public Debt Reaches US$44 Billion
As of 1 October 2025, Uzbekistan’s public debt stood at US$43.97 billion, of which US$36.7 billion is external debt and …
Fitch Revises TBC Uzbekistan’s Outlook to Stable; Rating Affirmed at ‘BB-’
On 28 November 2025, international credit rating agency Fitch Ratings revised the outlook on the long-term issuer default ratings (IDRs) …
Shavkat Mirziyoyev Signs Decree on Measures to Increase Tax Collection
President of the Republic of Uzbekistan Shavkat Mirziyoyev has signed a decree titled “On Measures to Improve Tax Collection and …
Uzbek Citizens to Be Able to Choose Their Own Bank for Salary Payments
Uzbekistan plans to introduce new mechanisms aimed at fostering competition in the financial market, expanding payment infrastructure, and enhancing transaction …