Moody’s upgrades Uzbekistan’s sovereign rating, outlook stable

According to the international ratings agency, the upgrade reflects continued improvements in Uzbekistan’s institutional framework, public governance, and stronger economic and fiscal performance.

The Ministry of Investment, Industry and Trade of Uzbekistan said the stable outlook indicates that the country’s credit risks are considered balanced at the Ba2 level, signaling confidence in its economic trajectory.

The rating upgrade underscores growing international recognition of Uzbekistan’s reform agenda. Despite…