Uzbekistan's economic growth is expected to slow to 5.5% in 2024, primarily due to weaker performance in services and agriculture, the Asian Development Bank (ADB) reports. However, a slight recovery is forecast for 2025, with growth improving marginally to 5.6% driven by a resurgence in industrial activity.
On the supply side, services are projected to grow at...
Uzbekistan's economic growth is expected to slow to 5.5% in 2024, primarily due to weaker performance in services and agriculture, the Asian Development Bank (ADB) reports. However, a slight recovery is forecast for 2025, with growth improving marginally to 5.6% driven by a resurgence in industrial activity.
On the supply side, services are projected to grow at...
The Center for Economic Research and Reforms calculates the Bank Activity Index on a quarterly basis, on the basis of which the rating of banks is updated. The index is calculated for 31 commercial banks, of which: 17 large and 14 small banks.
The study is conducted in order to monitor...
The Center for Economic Research and Reforms calculates the Bank Activity Index on a quarterly basis, on the basis of which the rating of banks is updated. The index is calculated for 31 commercial banks, of which: 17 large and 14 small banks.
The study is conducted in order to monitor...
In 2023, Uzbekistan recorded a 6% growth in GDP, supported by a comprehensive expansion and targeted fiscal stimulus. In response to an increase in the fiscal deficit during the year, the government plans to consolidate fiscal spending in 2024, the World Bank reports. The GDP growth forecast for 2024 is 5.3%, influenced by fiscal consolidation and moderated export growth...
In 2023, Uzbekistan recorded a 6% growth in GDP, supported by a comprehensive expansion and targeted fiscal stimulus. In response to an increase in the fiscal deficit during the year, the government plans to consolidate fiscal spending in 2024, the World Bank reports. The GDP growth forecast for 2024 is 5.3%, influenced by fiscal consolidation and moderated export growth...
The Tashkent Stock Exchange (TSE) experienced a series of developments in the first quarter of 2024, with significant fluctuations in trading volumes, stock prices, and transaction frequencies, Avesta Investment Group showed on quarterly overview of the trading at the Tashkent Stock Exchange in Q1 2024.
In Q1 2024, the total trading volume on...
The Tashkent Stock Exchange (TSE) experienced a series of developments in the first quarter of 2024, with significant fluctuations in trading volumes, stock prices, and transaction frequencies, Avesta Investment Group showed on quarterly overview of the trading at the Tashkent Stock Exchange in Q1 2024.
In Q1 2024, the total trading volume on...
Wildberries, a prominent e-commerce platform based in Russia, is gearing up to extend its reach into the financial services sector in Uzbekistan. This strategic move, planned for the medium term, involves the establishment of a bank in Uzbekistan to offer a range of financial services tailored to the local market....
Wildberries, a prominent e-commerce platform based in Russia, is gearing up to extend its reach into the financial services sector in Uzbekistan. This strategic move, planned for the medium term, involves the establishment of a bank in Uzbekistan to offer a range of financial services tailored to the local market....
