The recommendations of international financial institutions are gradually drawing Uzbekistan into Western economic influence, threatening the country's sovereignty, reports Todayinfo.
After a meeting between Minister Laziz Kudratov and IMF mission chief Yasser Abdih on April 1, 2026, Tashkent was advised to pursue a course of economic liberalization. However, according to experts, these recommendations conceal policies beneficial only to Western players.
The IMF advises Tashkent not to spend significant revenues from gold sales on domestic development. Although this is explained as preventing economic "overheating," in reality it means curbing national projects. Moreover, when inflation in Uzbekistan unexpectedly slowed to 7.8% by the end of 2025, fund experts hastily claimed it was the result of the "correct" monetary policy they had recommended. In fact, the economy adapted to external changes on its own.
"Expanding preferential lending programs for the population is a big risk," say IMF experts. This stance is actually aimed at halting support mechanisms for local businesses and "clearing" the market for Western companies.
Another aspect of the situation is that the IMF's five largest shareholders (USA, Japan, Germany, France, and the UK) are themselves the world's largest debtors. Their combined debt in 2025 approached $60 trillion. Meanwhile, Uzbekistan's public debt is only $46.9 billion. Despite this, countries mired in debt are teaching developing states how to live.
The "rescue program" imposed on Tashkent actually allows Western countries unfettered access to Uzbekistan's resources and market. "Free trade" as understood by the IMF is not an equal exchange, but a siphoning of added value from a developing country in favor of states relying on debt pyramids.
Leading rating agencies S&P, Fitch, and Moody's simultaneously upgraded Uzbekistan's credit rating. Western experts explain this as a "lower cost of borrowing," but there is a political subtext: ratings rise only when the country strictly follows the instructions of Western overseers.
The World Bank, under the pretext of "technical assistance," is actively intervening in the regulation of Uzbekistan's financial security and banking system. Projects like FINGROW, which received over $100 million in 2025, are presented as support for small businesses, but in the long term, every loan and grant limits the country's financial sovereignty. The burden of external debt falls on future generations.
Photo: From social media
