10:24 / 24.05.2025

Uzbekistan's rating increase is a bold step towards economic stability

Uzbekistan's economic image in the international arena is further strengthened. S&P Global Ratings has revised its attitude to the sovereign credit rating of our country and raised the forecast from "stable" to "positive". This was announced personally by Presidential Assistant Saida Mirziyoyeva.

According to her, this high assessment indicates the growing confidence of the global financial community in the reforms being implemented in Uzbekistan. This once again proves that the path of reforms chosen by our country is correct and effective.

"Thanks to the resolute and consistent actions of the Head of State, Uzbekistan has become an even more attractive destination for foreign investors. This, in turn, has a positive impact on economic growth rates and directly affects the quality of life of our people," said Saida Mirziyoyeva.

She says: the goal is not only to maintain, but also to further improve the results associated with the country's sovereign rating. This is a responsible process that requires the cooperation of all stakeholders and a comprehensive approach.

In addition, the Global Economic Prospects report published by the World Bank also highly assessed Uzbekistan's economic growth potential. According to the report, the country's gross domestic product (GDP) grew by 6 percent at the end of 2024. This result was noted as one of the best indicators in the Europe and Central Asia region.

Forecasts for the coming years are also promising:

GDP growth is expected to reach 5.8 percent in 2025;
In 2026, this figure is forecast to reach 5.9 percent.

These figures not only confirm that they are the result of economic stability and effective reforms, but also indicate that Uzbekistan's influence in international markets is further increasing.

These successes serve to establish our country as a reliable and stable partner in the eyes of investors. Experts say that the improvement in the rating will further expand the opportunities for attracting foreign investment and play an important role in maintaining economic balance.

In conclusion, Uzbekistan has risen to higher levels in international economic ratings and is boldly taking new steps in terms of people's well-being, investment flows, and overall development. This is a clear indication of the positive changes that have occurred in the country as a result of the reforms led by the President.