Anna Romanova, Credit Ratings Analyst at Finvizier Consultancies, explains where the demand for private credit is already forming in Uzbekistan and what it means for investors.

The World Bank’s Board of Executive Directors approved a $250 million loan for Uzbekistan to support a program aimed at expanding equitable access to student financing in higher education and in technical and vocational education and training (TVET) (the EduImkon Program).

Uzbekistan is launching a set of measures aimed at reducing administrative pressure on businesses, modernizing tax and customs administration, and digitalizing freight services.

The Board of the Central Bank of the Republic of Uzbekistan decided to keep the policy rate unchanged at 14 percent per annum.

According to updated estimates by the Center for Economic Research and Reforms (CERR), Uzbekistan’s economy will continue to demonstrate strong growth, supported by expanding domestic demand, strengthening export activity, and rising investment.

The Central Bank of the Republic of Uzbekistan has published updated data as of December 1, 2025. The country's volume of official reserve assets continues to demonstrate confident growth, reaching a new record level of 61.23 billion US dollars.