Assistant to the President Saida Mirziyoyeva shared that the international credit rating agency Moody’s has upgraded Uzbekistan’s sovereign credit rating outlook from ‘stable’ to ‘positive’ on Telegram.
This positive evaluation is a recognition of the progress made by the President of Uzbekistan in implementing reform programs and a validation of the chosen direction.
Currently, foreign investors view Uzbekistan as a dependable partner with the ability to maintain consistent growth despite global uncertainties. These efforts were highlighted by the successful organization of the 4th Tashkent International Investment Forum.
The improved outlook marks the initial step towards elevating Uzbekistan’s credit rating to a solid investment grade by 2030.
However, it is important to acknowledge that this objective can only be reached through collective efforts, by enhancing the competitiveness of the economy and sustaining macroeconomic stability, as noted by Saida Mirziyoyeva.
UzA