
Paxtakor Football Club Reports Over 50 Billion Sums Loss in 2025, Faces Significant Tax Debt
Paxtakor Football Club posted a 50.8 billion sum loss and 17 billion sum tax debt in 2025, challenging its financial sustainability and privatization plans.

Paxtakor Football Club posted a 50.8 billion sum loss and 17 billion sum tax debt in 2025, challenging its financial sustainability and privatization plans.

Uzbekistan’s meat import value rose 62.8% in early 2026 amid slowing domestic production and rising global prices, raising concerns over future meat price inflation.

Uzbek banks saw strong deposit growth in Q1 2026, with Octobank leading a 416% surge, reflecting increased client confidence and liquidity in the sector.

Octobank has begun offering international money transfers from South Korea to Uzbek HUMO cards via the E9PAY platform, enhancing its cross-border payment services.

Uzbekistan’s Central Bank retains its 14% key rate due to persistent food inflation and external economic risks despite a general decline in inflation.

Uzbekistan’s suspension of gold exports since September 2025 has led to a nearly 30% drop in exports, reshaping trade dynamics and impacting corporate strategies.

Uzbek payment firms Paynet, Payme, and Click report varied profit growth in Q1 2026, with Paynet leading due to a one-time dividend inflow following its Humo acquisition.

Uzbekistan's urban divorce rates have risen sharply, with one in three marriages ending in separation, signaling significant demographic and economic challenges ahead.

Uzbek banks expanded loans to over 623 trillion UZS in Q1 2026, with non-performing loans rising 1.8 trillion UZS, mainly in state banks despite a slight drop in NPL ratio.

Effective April 15, Uzbek banks must maintain a minimum balance of 1.236 million soms during automatic credit card deductions, preventing full depletion of customer funds.

President Trump finds Putin’s attendance at the 2026 G20 summit potentially beneficial but is uncertain about Russia’s formal invitation or participation decision.

Uzbekistan's light vehicle sales surged 19% in March 2026, driven by strong growth in new and used car markets, with regional sales and electric vehicle uptake rising steadily.

Uzbekistan accelerates Asakabank's privatization, transferring non-core assets and injecting $95M capital to streamline operations ahead of market-driven ownership by 2026.

Dilshod Ahmedov, former CEO of Uzbekistan's O‘zmetkombinat, is internationally wanted over allegations of large-scale embezzlement amid an ongoing investigation.

Germany's Bundeswehr Military Museum in Koblenz restricts entry for Uzbek and several Central Asian nationals, citing new security legislation affecting access to military exhibits.

Uzbek banks report strong profit growth and asset expansion in Q1 2026 amid rising competition and operational costs, highlighting strategic challenges for executives.

Uzbek and Afghan entrepreneurs finalized $300 million in trade agreements following the opening of the Andijan Trade House in Herat and a bilateral business forum.