Asia Uzbekistan WB approved a US$ 142 million concessional credit that will support a project to increase the area under sustainable landscape management, restore degraded forest land and promote collaboration with neighbors to replant the transboundary landscape
Asia Uzbekistan WB has approved a $15 million soft loan for the 5-year financial sector reform project, with actions such as privatisation of state-owned commercial banks, strengthening financial preparedness for natural disasters, and creating a development bank
Asia Uzbekistan Much-needed cold chain equipment and computers to the Ministry of Health were donated by the US through the US Agency for International Development, with the goal of strengthening Uzbekistan immunisation system
Asia Uzbekistan The draft of the President's decree on trade rules for restaurants and retailers has been published, with measures to introduce an effective and simplified system and further strengthen their legal protection
Asia Uzbekistan As of 1 April, the country counted 35,4 million people, an increase of 738.300 individuals, +2,1%, from the previous year; figures are reported by the State Statistics Committee
Asia Uzbekistan The country's growth is expected to slow in 2022 due to lower investment and remittances from Russia before picking up slightly in 2023, while green financing can support the country's transition to a greener economy, said a recent Asian Development Bank
Asia Uzbekistan The country will partially privatise several state-owned companies, including oil and gas company Uzbekneftegaz, thermal power plants, Uzbekistan Airways and car manufacturer UzAuto Motors
Asia Uzbekistan USAID, in collaboration with Uzbekistan's Ministry of Innovative Development, has announced a call for concept papers from domestic entrepreneurs and private companies to co-fund innovative products and services in the agribusiness
Asia Uzbekistan Air Marakanda, operator of the newly expanded and upgraded Samarkand International Airport in Uzbekistan, has announced the opening of the airport's new terminal
Asia Uzbekistan In its development strategy for 2022-2026, the priorities of economic transformation have been identified as crucial, with seven specific priority directions and one hundred goals to be achieved in five years
Asia Uzbekistan The Ministry of Energy has announced a milestone in the development of its 100 MW Nukus wind project in Karakalpakstan, in collaboration with its operating partner ACWA Power, the Saudi renewable energy developer
Asia Uzbekistan Russian private bank Sovcombank has bought the entire state stake (100%) in Uzagroexportbank, which was founded in 2017 in the country to support producers and exporters in the agro-industrial sector
Asia Uzbekistan Speakin about the socio-economic development of cities and provinces, the president pointed to corruption and nepotism for some mayors, as the improvement of drinking water, heat and electricity supply was not ensured despite allocation of necessary funds