{"id":9911,"date":"2026-06-08T13:20:18","date_gmt":"2026-06-08T10:20:18","guid":{"rendered":"https:\/\/naiiuz.uz\/?p=9911"},"modified":"2026-06-08T15:00:22","modified_gmt":"2026-06-08T12:00:22","slug":"fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi","status":"publish","type":"post","link":"https:\/\/naiiuz.uz\/uz\/fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi\/","title":{"rendered":"Fitch Ratings \u040e\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u043e\u043d\u043d\u0438\u043d\u0433 \u0440\u0435\u0439\u0442\u0438\u043d\u0433 \u0431\u045e\u0439\u0438\u0447\u0430 \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u043d\u0438 \u00ab\u0418\u0436\u043e\u0431\u0438\u0439\u00bb \u0434\u0430\u0440\u0430\u0436\u0430\u0433\u0430 \u043e\u0448\u0438\u0440\u0434\u0438 \u0432\u0430 \u043c\u0430\u043c\u043b\u0430\u043a\u0430\u0442\u043d\u0438\u043d\u0433 BB-\u0440\u0435\u0439\u0442\u0438\u043d\u0433\u0438\u043d\u0438 \u0442\u0430\u0441\u0434\u0438\u049b\u043b\u0430\u0434\u0438."},"content":{"rendered":"[vc_row type=»in_container» full_screen_row_position=»middle» column_margin=»default» column_direction=»default» column_direction_tablet=»default» column_direction_phone=»default» scene_position=»center» top_margin=»60px» bottom_margin=»40px» top_margin_phone=»40px» bottom_margin_phone=»40px» text_color=»dark» text_align=»left» row_border_radius=»none» row_border_radius_applies=»bg» overflow=»visible» overlay_strength=»0.3″ gradient_direction=»left_to_right» shape_divider_position=»bottom» bg_image_animation=»none» shape_type=»» gradient_type=»default»][vc_column column_padding=»no-extra-padding» column_padding_tablet=»inherit» column_padding_phone=»inherit» column_padding_position=»all» column_element_direction_desktop=»default» column_element_spacing=»default» desktop_text_alignment=»default» tablet_text_alignment=»default» phone_text_alignment=»default» background_color_opacity=»1″ background_hover_color_opacity=»1″ column_backdrop_filter=»none» column_shadow=»none» column_border_radius=»none» column_link_target=»_self» column_position=»default» el_class=»stm-last-new» gradient_direction=»left_to_right» overlay_strength=»0.3″ width=»2\/3″ tablet_width_inherit=»default» animation_type=»default» bg_image_animation=»none» border_type=»simple» column_border_width=»none» column_border_style=»solid» column_padding_type=»default» gradient_type=»default»][split_line_heading animation_type=»line-reveal-by-space» font_style=»h1″ text_color=»#000000″ line_reveal_by_space_text_effect=»default» content_alignment=»default» mobile_content_alignment=»inherit» link_target=»_self» text_content=»Fitch Ratings \u040e\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u043e\u043d\u043d\u0438\u043d\u0433 \u0440\u0435\u0439\u0442\u0438\u043d\u0433 \u0431\u045e\u0439\u0438\u0447\u0430 \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u043d\u0438 \u00ab\u0418\u0436\u043e\u0431\u0438\u0439\u00bb \u0434\u0430\u0440\u0430\u0436\u0430\u0433\u0430 \u043e\u0448\u0438\u0440\u0434\u0438 \u0432\u0430 \u043c\u0430\u043c\u043b\u0430\u043a\u0430\u0442\u043d\u0438\u043d\u0433 BB-\u0440\u0435\u0439\u0442\u0438\u043d\u0433\u0438\u043d\u0438 \u0442\u0430\u0441\u0434\u0438\u049b\u043b\u0430\u0434\u0438.» text_direction=»default» font_size=»48″][\/split_line_heading][vc_column_text css=»» text_direction=»default»]\n
03.06.2026<\/span><\/div>\n[\/vc_column_text][image_with_animation image_url=»9915″ image_size=»full» animation_type=»entrance» animation=»None» animation_movement_type=»transform_y» hover_animation=»none» alignment=»» border_radius=»none» box_shadow=»none» image_loading=»default» max_width=»100%» max_width_mobile=»default»][vc_column_text css=»» text_direction=»default»]\n
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Fitch Ratings O’zbekiston uchun ijobiy prognozni e’lon qildi.<\/p>\n

Suveren reytingning o’zi «BB» darajasida tasdiqlandi.<\/p>\n

Fond bozori uchun ajoyib signal. Fitch tahlilchilarining fikriga ko’ra, o’sishning asosiy omillari quyidagilar:
\nMuvaffaqiyatli islohotlar: faol xususiylashtirish va
\n91
\nYaqinda Milliy investitsiya jamg’armasidan va xalqaro bozorlardan chiqish.
\nKuchli iqtisodiy o’sish: YaIM o’rta muddatli istiqbolda 6,3-6,4% darajasida prognoz qilinmoqda.
\nDavlat qarzining pastligi: YaIMning 28% gacha pasayishi kutilmoqda («BB» reytingiga ega mamlakat uchun o’rtacha ko’rsatkichdan ikki baravar ko’p).
\nKuchli zaxiralar: oltin va valyuta zaxiralari 71 milliard dollargacha o’sadi.
\nBiroq, Fitch Ratings istiqbol yaxshilangan taqdirda ham kredit reytingining pasayishiga olib kelishi mumkin bo’lgan potentsial xavflarni ta’kidlaydi:
\nMakroiqtisodiy: tarkibiy islohotlarni to’xtatib qo’yish va iqtisodiy o’sish prognozlarini pasaytirish.
\nTashqi moliya: Pul o’tkazmalarining keskin pasayishi yoki pishloq narxining pasayishi (haqiqiy savdo defitsiti) tufayli valyuta zaxiralarining pasayishi.
\nDavlat moliyalari: Zaif iqtisodiyot, davlat xarajatlarining nazoratsiz o’sishi, narxlarning pasayishi yoki yashirin qarzlarning sotilishi tufayli davlat qarzining sezilarli darajada oshishi yoki byudjetning qisqarishi.<\/p>\n

Bu investorlar uchun nimani anglatadi?
\nIstiqbolni qayta ko’rib chiqish reytingning o’zida tez yaxshilanish sari birinchi qadamdir. Biz uchun bu yangi xalqaro investorlarning oqimi, biznes uchun arzonroq kreditlar va Toshkent fond birjasida bo’lajak TROlar uchun kuchli rag’bat deganidir. Uzoq muddatli bozor o’sishi uchun poydevor yanada mustahkamlanadi!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n[\/vc_column_text][\/vc_column][vc_column column_element_direction_desktop=»default» column_element_spacing=»default» desktop_text_alignment=»default» tablet_text_alignment=»default» phone_text_alignment=»default» sticky_content=»true» sticky_content_functionality=»css» sticky_content_alignment=»default» background_color_opacity=»1″ background_hover_color_opacity=»1″ column_backdrop_filter=»none» column_shadow=»none» column_border_radius=»none» column_link_target=»_self» column_position=»default» el_class=»stm-last-blogs» gradient_direction=»left_to_right» overlay_strength=»0.3″ width=»1\/3″ tablet_width_inherit=»default» animation_type=»default» bg_image_animation=»none» border_type=»simple» column_border_width=»none» column_border_style=»solid» column_padding_type=»advanced» gradient_type=»default»][vc_custom_heading text=»Assotsiatsiya yangiliklari» font_container=»tag:h2|font_size:36|text_align:left|color:%23000000″ use_theme_fonts=»yes» css=»»]

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\r\n \r\n Davlat aktivlarini boshqarish agentligi rahbariyati Yoshlar ittifoqi rahbariyati ishtirokida ochiq muloqot o\u02bbtkazdi <\/a>\r\n <\/div>\r\n
\r\n 10.06.2026 <\/div>\r\n <\/div>\r\n <\/div>\r\n
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\r\n 16.06.2026 <\/div>\r\n <\/div>\r\n <\/div>\r\n
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\r\n 25.05.2026 <\/div>\r\n <\/div>\r\n <\/div>\r\n <\/div> [\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"

Suveren reyting \u201cBB\u201d darajasida tasdiqlandi<\/p>\n

\ud83d\udd25 Bu fond bozori uchun juda ijobiy signal. Fitch tahlilchilariga ko\u2018ra, o\u2018sishning asosiy omillari:<\/p>\n

\ud83d\udfe2 Muvaffaqiyatli islohotlar: faol xususiylashtirish jarayoni va Milliy investitsiya jamg\u2018armasining xalqaro moliya bozorlariga chiqishi.<\/p>\n","protected":false},"author":1,"featured_media":9915,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[71],"tags":[],"class_list":["post-9911","post","type-post","status-publish","format-standard","has-post-thumbnail","category-novosti-assocziaczii-uz"],"yoast_head":"\nFitch Ratings \u040e\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u043e\u043d\u043d\u0438\u043d\u0433 \u0440\u0435\u0439\u0442\u0438\u043d\u0433 \u0431\u045e\u0439\u0438\u0447\u0430 \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u043d\u0438 \u00ab\u0418\u0436\u043e\u0431\u0438\u0439\u00bb \u0434\u0430\u0440\u0430\u0436\u0430\u0433\u0430 \u043e\u0448\u0438\u0440\u0434\u0438 \u0432\u0430 \u043c\u0430\u043c\u043b\u0430\u043a\u0430\u0442\u043d\u0438\u043d\u0433 BB-\u0440\u0435\u0439\u0442\u0438\u043d\u0433\u0438\u043d\u0438 \u0442\u0430\u0441\u0434\u0438\u049b\u043b\u0430\u0434\u0438. - naiiuz.uz<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-\u045ezbekistonning-rejting-b\u045ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi\u049bladi\/\" \/>\n<meta property=\"og:locale\" content=\"uz_UZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fitch Ratings \u040e\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u043e\u043d\u043d\u0438\u043d\u0433 \u0440\u0435\u0439\u0442\u0438\u043d\u0433 \u0431\u045e\u0439\u0438\u0447\u0430 \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u043d\u0438 \u00ab\u0418\u0436\u043e\u0431\u0438\u0439\u00bb \u0434\u0430\u0440\u0430\u0436\u0430\u0433\u0430 \u043e\u0448\u0438\u0440\u0434\u0438 \u0432\u0430 \u043c\u0430\u043c\u043b\u0430\u043a\u0430\u0442\u043d\u0438\u043d\u0433 BB-\u0440\u0435\u0439\u0442\u0438\u043d\u0433\u0438\u043d\u0438 \u0442\u0430\u0441\u0434\u0438\u049b\u043b\u0430\u0434\u0438. - naiiuz.uz\" \/>\n<meta property=\"og:description\" content=\"Suveren reyting \u201cBB\u201d darajasida tasdiqlandi \ud83d\udd25 Bu fond bozori uchun juda ijobiy signal. Fitch tahlilchilariga ko\u2018ra, o\u2018sishning asosiy omillari: \ud83d\udfe2 Muvaffaqiyatli islohotlar: faol xususiylashtirish jarayoni va Milliy investitsiya jamg\u2018armasining xalqaro moliya bozorlariga chiqishi.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-\u045ezbekistonning-rejting-b\u045ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi\u049bladi\/\" \/>\n<meta property=\"og:site_name\" content=\"naiiuz.uz\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-08T10:20:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-08T12:00:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/naiiuz.uz\/wp-content\/uploads\/2026\/06\/fitch1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1150\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 daqiqa\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/naiiuz.uz\/#\/schema\/person\/4e330bfb9590c43ee231b6232eaf0dff\"},\"headline\":\"Fitch Ratings \u040e\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u043e\u043d\u043d\u0438\u043d\u0433 \u0440\u0435\u0439\u0442\u0438\u043d\u0433 \u0431\u045e\u0439\u0438\u0447\u0430 \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u043d\u0438 \u00ab\u0418\u0436\u043e\u0431\u0438\u0439\u00bb \u0434\u0430\u0440\u0430\u0436\u0430\u0433\u0430 \u043e\u0448\u0438\u0440\u0434\u0438 \u0432\u0430 \u043c\u0430\u043c\u043b\u0430\u043a\u0430\u0442\u043d\u0438\u043d\u0433 BB-\u0440\u0435\u0439\u0442\u0438\u043d\u0433\u0438\u043d\u0438 \u0442\u0430\u0441\u0434\u0438\u049b\u043b\u0430\u0434\u0438.\",\"datePublished\":\"2026-06-08T10:20:18+00:00\",\"dateModified\":\"2026-06-08T12:00:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi\/\"},\"wordCount\":629,\"publisher\":{\"@id\":\"https:\/\/naiiuz.uz\/#organization\"},\"image\":{\"@id\":\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/naiiuz.uz\/wp-content\/uploads\/2026\/06\/fitch1.jpg\",\"articleSection\":[\"Assotsiatsiya yangiliklari\"],\"inLanguage\":\"uz-UZ\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi\/\",\"url\":\"https:\/\/naiiuz.uz\/uz\/fitch-ratings-%d1%9ezbekistonning-rejting-b%d1%9ejicha-prognozini-izhobij-darazhaga-oshirdi-va-mamlakatning-bb-rejtingini-tasdi%d2%9bladi\/\",\"name\":\"Fitch Ratings \u040e\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u043e\u043d\u043d\u0438\u043d\u0433 \u0440\u0435\u0439\u0442\u0438\u043d\u0433 \u0431\u045e\u0439\u0438\u0447\u0430 \u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0438\u043d\u0438 \u00ab\u0418\u0436\u043e\u0431\u0438\u0439\u00bb \u0434\u0430\u0440\u0430\u0436\u0430\u0433\u0430 \u043e\u0448\u0438\u0440\u0434\u0438 \u0432\u0430 \u043c\u0430\u043c\u043b\u0430\u043a\u0430\u0442\u043d\u0438\u043d\u0433 BB-\u0440\u0435\u0439\u0442\u0438\u043d\u0433\u0438\u043d\u0438 \u0442\u0430\u0441\u0434\u0438\u049b\u043b\u0430\u0434\u0438. - 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