AGP Executive Report

Last update: 4 hours ago

IMF Talks: President Mirziyoyev met IMF Deputy Managing Director Bo Li to expand cooperation on Uzbekistan’s reform agenda, including digital payments, capital account liberalization, better statistics, public revenue management, and preserving a market-based exchange rate. Banking Health: Uzbekistan’s central bank reported non-performing loans at 3.7% of the loan portfolio (23.6tn soums) as of June 1, with big gaps between institutions. Sick Leave Reform: From July 1, the state social insurance fund will cover temporary disability benefits from day six; employers pay only the first five days, with payouts tied to insurance history. Minimum Wage Debate: Experts propose raising Uzbekistan’s minimum wage to 40% of the median salary by 2030 and delinking it from state payroll calculations. Gold Reserves: The central bank boosted gold holdings by 24 tonnes in Jan–Apr 2026, taking reserves to 414 tonnes and making gold about 88% of international reserves. IT & AI Exports: Uzbekistan targets at least $5bn in IT and AI service exports by 2030, building on rising IT Park exports and demand for AI-ready skills. Aviation & Cargo: IATA says Uzbekistan logged Central Asia’s fastest air cargo growth and doubled its flight network. Finance Markets: OTP Bank launched a €7bn EMTN programme on the Hong Kong Stock Exchange, aiming to tap Asian institutional investors. ESG & Platforms: Wildberries’ founder-led ESG push is highlighted as a model for platform-economy impact across Eurasia. Energy Connectivity: Kazakhstan, Azerbaijan and Uzbekistan are advancing a Caspian Green Energy Corridor to export renewable power to Europe via a planned submarine cable. Jobs Abroad: A $562m fund aims to create 10,000 jobs abroad. Business Climate: World Bank talks focus on structural reforms, SME support, poverty reduction, and accelerating privatization.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 26, 2026

NEQSOL signs Uzbekistan critical minerals cooperation deal

AGP

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Jun. 25, 2026

EU deepens Central Asia push with EIB office in Tashkent

AGP

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Jun. 19, 2026

Uzbekistan pushes to become Central Asia’s financial and logistics hub

AGP

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Jun. 18, 2026

Golden Gate Ventures opens Uzbekistan office with UzOman partnership

AGP


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Chairman of the Halk Maslahaty of Turkmenistan Held a Telephone Conversation with the President of the Republic of Uzbekistan

Chairman of the Halk Maslahaty of Turkmenistan Held a Telephone Conversation with the President of the Republic of Uzbekistan

Oman, Uzbekistan hold political consultations

Oman, Uzbekistan hold political consultations

OTP Bank Becomes the First EU Financial Institution to Open a €7 Billion EMTN Programme on the Hong Kong Stock Exchange

OTP Bank Becomes the First EU Financial Institution to Open a €7 Billion EMTN Programme on the Hong Kong Stock Exchange


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Jun. 26, 2026

NEQSOL Holding Expands Critical Minerals Strategy Through Uzbekistan Cooperation Agreement

EIN Presswire

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Jun. 25, 2026

The United States and Uzbekistan Announce Early Harvest on Trade, Accelerate Agreement on Reciprocal Trade and Investment Talks

Office of the United States Trade Representative

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Jun. 24, 2026

Allied Biofuels Signs FEED + Detailed Engineering Contract with Rollover to EPC with Sinopec Engineering Group for US$6.1 Billion SAF and e-SAF Project in Uzbekistan

GlobeNewswire, Inc.

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Jun. 19, 2026

TIIF-2026 Showed Uzbekistan’s New Ambition: To Become the Financial and Logistics Hub of the Region – Alona Lebedieva

EIN Presswire

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Jun. 18, 2026

Golden Gate Ventures Opens Office in Uzbekistan in Strategic Partnership with UzOman

EIN Presswire

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Jun. 17, 2026

Beeline Uzbekistan and DataVolt Partner to Advance Central Asia’s Digital Infrastructure

GlobeNewswire, Inc.

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