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Fitch Ratings

News about Fitch Ratings: events, facts and developments on tafs uz.

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Economy

Fitch: fiscal pressure on the US will persist regardless of the outcome of the midterm elections

Fitch Ratings forecasts that rising spending on social obligations and the cost of debt servicing will keep increasing the US national debt regardless of which party controls Congress after the midterm elections. The federal budget deficit in fiscal year 2026 reached almost $2 trillion (6.1% of GDP), while the overall general government deficit is forecast to rise to 7.5% of GDP in 2026 and 7.6% in 2027.

Otabek Yusupov
2 min read
Economy

Fitch: Hungary could meet eurozone entry criteria by 2030

Fitch Ratings assessed Hungary's 2027 draft budget and medium-term deficit targets as supportive of the government's plan to join the eurozone by 2030. The deficit is planned to fall from 7.5% of GDP to 4.9% in 2027, but Fitch warns of difficulties in implementing the plan and high public debt.

Sevara Azamova
3 min read
World

Interpol's 'Red Notice' for Anorbank shareholder Kahramonjon Olimov has disappeared from the Interpol website

The Interpol 'Red Notice' for Anorbank shareholder Kahramonjon Olimov, published in late September, is no longer displayed on the organization's website. The reasons for its disappearance are unknown; based on this fact alone, it is impossible to determine whether the search has been discontinued. Olimov submitted a resignation from the bank's supervisory board on October 2, and Fitch Ratings downgraded Anorbank's rating to CCC on October 8.

Aziz Karimov
4 min read