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BRIEF-S&P Uzbekistan Upgraded To 'BB' On Strong Growth And Economic Reforms Outlook Stable

BY Reuters | CORPORATE | 11/21/25 04:47 PM EST

Nov 21 (Reuters) -

* S&P: UZBEKISTAN UPGRADED TO 'BB' ON STRONG GROWTH AND ECONOMIC REFORMS; OUTLOOK STABLE

* S&P: UPGRADE REFLECTS WHAT WE VIEW AS SUSTAINED IMPROVEMENTS IN UZBEKISTAN'S MACROECONOMIC POLICYMAKING IN RECENT YEARS

* S&P: PROJECT UZBEKISTAN'S GROWTH MOMENTUM WILL REMAIN RESILIENT DESPITE GLOBAL TRADE TENSIONS

* S&P: STABLE OUTLOOK BALANCES UZBEKISTAN'S GROWTH & FAVORABLE GOVERNMENT DEBT PROFILE AGAINST RISKS STEMMING FROM RISE IN BROADER EXTERNAL, FISCAL LEVERAGE

* S&P: RUSSIA-RELATED TRADE AND CAPITAL FLOWS THROUGH UZBEKISTAN COULD BE AFFECTED, BUT WE EXPECT THE BROAD ECONOMIC IMPACT TO BE CONTAINED

* S&P: FORECAST UZBEKISTAN'S GOVERNMENT AND BROADER EXTERNAL DEBT WILL CONTINUE RISING AT A MODERATE PACE

* S&P: EXPECT UZBEKISTAN'S BANKING SECTOR TO REMAIN RESILIENT

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