According to a review by the Central Bank of the domestic foreign currency market, international money transfers to Uzbekistan amounted to $9.3 billion USD for the period from January to June 2026.
This figure showed a 13% increase compared to the same period in 2025, when the inflow was $8.2 billion. Furthermore, it exceeded the level of the first half of 2024, which reached $6.5 billion, by 44%.
During the reporting period, outflows through international money transfers amounted to $1.3 billion USD. This volume remained virtually unchanged over the last three years, comparing to $1.25 billion in 2024 and $1.23 billion in 2025.
As a result of this data, the positive balance of cash flows reached $8 billion, an increase compared to $7 billion the previous year.
The Central Bank noted that the inflow of remittances has become one of the most important factors ensuring the stability of the domestic foreign currency market. Together with the increase in export revenues and the growth in foreign currency sales by households, these factors contributed to the supply of foreign currency growing faster than demand, helping to maintain the stability of the national currency.
As of the end of June, the exchange rate was 12,009 soms per one USD, which has not changed since the beginning of the year.
According to the updated database of the Eurasian Fund for Stabilization and Development (EFSD), Uzbekistan entered the top five largest recipients of sovereign financing in the Eurasian region in the first half of 2026.
International financial institutions, development agencies, and climate funds approved an amount of $690 million for the country. As of July 1, 2026, the total volume of approved sovereign financing in the Eurasian region since the beginning of 2008 exceeded $300 billion.
During the first six months of 2026, the total amount of approved sovereign financing in 13 countries of the region reached $7.8 billion. Among the largest recipients were Kazakhstan ($3.22 billion), Pakistan ($1.38 billion), Armenia ($880 million), Azerbaijan ($810 million), and Uzbekistan ($690 million).
EFSD member countries provided $4.37 billion, which accounts for 55.4% of the total approved financing for the reporting period. In addition to Kazakhstan, Armenia, and Uzbekistan, significant amounts were allocated to Tajikistan ($160 million) and Kyrgyzstan ($98 million).
Gennady Vasiliev, Director of the EFSD Partnership Department, noted that the Sovereign Financing Database (SFD) was created to consolidate information on sovereign financing in the region into a single analytical system. According to him, this resource already covers transactions totaling over $300 billion and allows for the analysis of long-term trends, the industry structure of financing, the distribution of funds among states, and the activities of international financial institutions.
EFSD has been conducting an analytical project on monitoring the sovereign financing of Eurasian region countries since 2022. The SFD database is updated quarterly and contains information on operations by international financial institutions, development agencies, and climate funds, including recipient countries, projects, financing volumes, terms of provision of funds, details of co-financing, and project implementation stages.
