The Latest Breaking News from Uzbekistan

Foreign reserves are well above IMF adequacy benchmarks, enough for 17 months of imports and four times short-term external debt. Authorities are keeping a gold-heavy mix while slowly adding US Treasuries and foreign deposits.

Central Asia and Mongolia received around €1.72bn from the European Bank for Reconstruction and Development last year to fund 120 projects. The investments have a focus on renewable energy, infrastructure and SMEs.

Economic activity accelerated across Kazakhstan, Uzbekistan, the Kyrgyz Republic and Tajikistan in 2025, driven by investment, exports and consumption. Azerbaijan remained closely linked, through energy and trade corridors connecting the region to Europe and global markets.

Armenia, Austria, Azerbaijan, Spain, the United Kingdom, and Uzbekistan are no longer recognised as measles-free following a spike in cases in 2024.

More than 360 senior sports officials visited Tashkent as Asia’s Olympic leadership changed hands, new cooperation agreements were signed, and international federations inspected cutting-edge facilities, signalling rising confidence in Uzbekistan’s sporting infrastructure and organisation.

During the World Economic Forum, Shavkat Mirziyoyev combined multilateral engagement with a series of political and economic meetings, focusing on peace initiatives, investment cooperation and Uzbekistan’s participation in international diplomatic frameworks.

Official data shows that economic activities hidden from authorities accounted for 33% of GDP in 2025, down from 45–50% in 2019.

New international corridors and fleet upgrades are expanding cross-border rail connectivity, supporting trade flows between Europe, Asia and South Asia, while modernisation and electrification aim to improve passenger and freight services.

Uzbekistan’s GDP exceeded €133bn in 2025, supported by higher investment, rising exports, and growing domestic demand, while employment and household incomes continued to improve.