The report, released on August 11, assessed 139 governments and the Palestinian Authority based on their fiscal transparency practices during 2025. Of those reviewed, 73 met the minimum requirements, while 67 did not. Fourteen of the governments that fell short were found to have made significant progress toward meeting the standards. Uzbekistan was not among them.

The department’s assessment found that Uzbekistan had made progress in several areas. The government published its proposed budget, enacted budget and budget execution report on time, while the documents provided sufficiently detailed information on planned revenues and expenditures and included spending broken down by ministry. Major extrabudgetary accounts were also disclosed.

The country’s military and intelligence budgets were subject to parliamentary or civilian oversight, while the supreme audit institution met international standards on independence and published substantive findings.

The report also noted that Uzbekistan has a legal framework governing the issuance of licenses for natural resource extraction, and that the rules were generally followed. Basic information on such contracts was publicly available. The country’s sovereign wealth fund also had a legal basis.

However, the US assessment identified several areas where Uzbekistan fell short of the minimum requirements.

The government did not fully disclose information on debt obligations, including the debts of major state-owned enterprises. It also did not publish the terms of sovereign loans extended to foreign borrowers – a criterion introduced in the 2026 assessment.

The report further found that detailed information on revenues from natural resource extraction was unavailable and that available information on public procurement had not been published.

The US Department of State recommended that Uzbekistan include information on transfers to state-owned enterprises in its budget documents, fully disclose debt obligations, publish the terms of external loans and make public information on government procurement.

Central Asian comparison

The assessment produced mixed results across Central Asia. Kazakhstan and Kyrgyzstan were among the countries that met the minimum fiscal transparency requirements, while Tajikistan and Turkmenistan, like Uzbekistan, failed to meet them.