3 June 12:34
Central Bank warns half of monthly income goes to loans as debt burden rises in UzbekistanIn 2024, the average debt burden of Uzbekistan’s population stood at 34% of monthly income, with 40% of total loans held by borrowers spending half their income on repayments—raising serious concerns over rising financial risks and loan defaults.
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Despite ongoing macroprudential measures, concerns persist in Uzbekistan regarding the rising debt burden on households, particularly in the microcredit sector. This is highlighted in the Central Bank’s 2024 Financial Stability Review.
3 June 12:36
Despite ongoing macroprudential measures, concerns persist in Uzbekistan regarding the rising debt burden on households, particularly in the microcredit sector. This is highlighted in the Central Bank’s 2024 Financial Stability Review.
3 June 12:36
Other News
In 2024, the average debt-to-income ratio (DTI) of individuals in Uzbekistan reached 34%. Among those with loans from banks, 40% spend more than half of their monthly income on loan repayments. The average DTI stands at 65% for mortgage holders and 61% for car loan borrowers..
4 June 17:29
In 2024, the average debt-to-income ratio (DTI) of individuals in Uzbekistan reached 34%. Among those with loans from banks, 40% spend more than half of their monthly income on loan repayments. The average DTI stands at 65% for mortgage holders and 61% for car loan borrowers..
4 June 17:29
The Ministry of Transport, in cooperation with the Chamber of Commerce and Industry, has successfully carried out the first pilot cargo shipment along the transport corridor “Uzbekistan – Kyrgyzstan – China – Mongolia.”
4 June 17:19
The Ministry of Transport, in cooperation with the Chamber of Commerce and Industry, has successfully carried out the first pilot cargo shipment along the transport corridor “Uzbekistan – Kyrgyzstan – China – Mongolia.”
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The Russian private clinic network Medsi, part of the AFK Sistema group, plans to open its first clinic in Uzbekistan, according to the publication Vedomosti.
4 June 17:06
The Russian private clinic network Medsi, part of the AFK Sistema group, plans to open its first clinic in Uzbekistan, according to the publication Vedomosti.
4 June 17:06
Turkmenistan, in partnership with UNICEF, the ILO, and the World Bank, has launched the CODI Assessment to improve the effectiveness, inclusivity, and resilience of its social protection system, with a focus on evidence-based reforms and support for vulnerable populations.
4 June 17:00
Turkmenistan, in partnership with UNICEF, the ILO, and the World Bank, has launched the CODI Assessment to improve the effectiveness, inclusivity, and resilience of its social protection system, with a focus on evidence-based reforms and support for vulnerable populations.
4 June 17:00