Uzbekistan prepares its biggest pension reform since independence: private funds, state contributions, and new capital for the economy

0 Comment
Presentation of Uzbekistan's pension reform, July 14, 2026

Uzbekistan’s authorities have begun preparing a large-scale pension reform that could reshape not only how future pensions are built for millions of citizens, but also the structure of the country’s financial market. During a presentation to President Shavkat Mirziyoyev on July 14, officials discussed far more than another increase in pension payments or a technical …

Indigo case concludes: Tashkent court sentences Pavel Volkov

0 Comment
Environmental activist Pavel Volkov. Still from a video by the Synergy Sirius channel

On July 13, 2026, the Yakkasaray District Criminal Court of Tashkent, presided over by Judge Bakhodir Kayumov, delivered its verdict in the case against the leadership of the environmental organization Indigo. The organization’s head, 53-year-old Pavel Volkov, was released from custody directly in the courtroom. The trial, which began on June 5, ended with sentences …

Uzbekistan plans International University Town in Tashkent to attract foreign universities

0 Comment
Presentation of plans for the creation of an International University Town in Tashkent to President Shavkat Mirziyoyev on July 10, 2026

Uzbekistan is seeking to transform itself into one of Central Asia’s leading education hubs. Proposals presented to President Shavkat Mirziyoyev envision the creation of an International University Town in Tashkent, the attraction of leading foreign universities, and the expansion of programs that allow students to study according to international standards. If implemented, the initiatives could …

Uzbekistan and Belarus formalize strategic partnership: what lies behind Mirziyoyev’s visit to Minsk

0 Comment
President of Uzbekistan Shavkat Mirziyoyev and President of Belarus Alexander Lukashenko during an informal meeting in Minsk on July 8, 2026. Photo: president.gov.by

President of Uzbekistan Shavkat Mirziyoyev has concluded a two-day official visit to Belarus that became one of the most significant events in bilateral relations in recent decades. The main outcome of his talks with President Alexander Lukashenko was the signing of a Declaration on the Establishment of a Strategic Partnership, along with a broad package …

Uzbekistan received $3.8 billion in remittances in a quarter as dependence on Russia remains high

0 Comment
Number of Uzbek citizens working in Russia under patent-based work permits. Number of Uzbek citizens holding residence permits in Türkiye

Despite ongoing discussions about diversifying labor migration, Russia remains the main source of remittances to Uzbekistan. In the first quarter of 2026, the country received $3.8 billion in remittances from migrant workers, of which about $2.75 billion came from Russia. At the same time, new data from the Central Bank show that migration destinations are …

Uzbekistan and Georgia announce strategic partnership after first visit by an Uzbek president in 23 years

0 Comment
Shavkat Mirziyoyev and Irakli Kobakhidze have just signed declaration establishing a strategic partnership between Uzbekistan and Georgia

President of Uzbekistan Shavkat Mirziyoyev has concluded a state visit to Georgia, marking the first visit by an Uzbek leader to the country in 23 years. Following talks with Georgian President Mikheil Kavelashvili and Prime Minister Irakli Kobakhidze, the two sides signed a declaration establishing a strategic partnership and a package of bilateral agreements covering …

Census finds Uzbekistan has 810,000 more residents than statistical estimates showed

0 Comment
Preliminary results of the first population and agricultural census in the history of independent Uzbekistan showed that the country’s population reached 39,047,321 people

Preliminary results of the first population and agricultural census in the history of independent Uzbekistan showed that the country’s population reached 39,047,321 people. This is 810,617 more than the current statistical estimate, which put the population at 38,236,704. The census was conducted from January 15 to February 28, 2026. According to the post-enumeration survey, it …

Central Bank fines Uzum Bank, Ipoteka-bank and several other financial institutions

0 Comment
Central Bank of Uzbekistan

The Central Bank of Uzbekistan said it has strengthened oversight of compliance with consumer rights in the financial services sector. Following inspections conducted in the first quarter of 2026, the regulator identified violations at the microfinance organizations Shaffof-moliya and Tezcoin, as well as at Uzum Bank and Ipoteka-bank. “The Central Bank is carrying out systematic …