EBRD President Odile Renaud-Basso to visit Uzbekistan
President of the European Bank for Reconstruction and Development Odile Renaud-Basso is expected to visit Tashkent. During her visit, she will engage in discussions with the president, other officials, and participate in the Foreign Investors Council and the Tashkent International Investment Forum.
Uzbekistan raises poverty line again amid increase in energy tariffs
Minimum expenditure basket in Uzbekistan, also used to determine the poverty line, has risen by 4.3%, from 621,000 soums to 648,000 soums (from $49 to $51) per month. This adjustment, the second this year, reflects the upcoming increase in gas and electricity tariffs from 1 May.
84 countries to participate in Tashkent Investment Forum
III Tashkent International Investment Forum is scheduled for 2−3 May. Nearly 2,500 people from 84 countries are expected to participate: government officials, corporate leaders, representatives of the UN, EBRD, OPEC, and SCO. President of Uzbekistan reviewed the preparations.
EU grants €6 million for Uzbekistan’s agriculture development
European Union allocated a €6 million grant to Uzbekistan for adopting the National Food Security and Healthy Nutrition Strategy. In total, the EU will allocate €20 million to promote agricultural sector reforms this year and next.
Bookmaking to be legalized in Uzbekistan
President of Uzbekistan signed a decree legalizing bookmaking in the country starting from 1 January 2025. The existing ban, in place since 2007, has been “practically ineffective”, with people actively using foreign and illegal services, according to the official comment.
U.S. removes Uzbekistan from Intellectual Property Watch List
Uzbekistan was removed from the Intellectual Property Watch List “due to sustained progress” by the Office of the U.S. Trade Representative. Uzbekistan had been on the list for 24 years, since 2000.
Remittances to Uzbekistan increase, Russia’s share decreases, says Central Bank
In the first quarter of 2024, the volume of remittances to Uzbekistan increased, as reported by Central Bank chairperson Mamarizo Nurmuratov during a press conference on April 25.
What are key outcomes from David Cameron’s visit to Uzbekistan?
Uzbekistan and the UK signed two documents and agreed on establishing a Joint Economic Commission, implementing high-speed rail projects and other issues during David Cameron’s visit to Tashkent. He also announced a number of new projects to support education, SMEs and combat climate change.
Central Bank of Uzbekistan keeps interest rate at 14% per annum, but revises inflation forecast
Central Bank of Uzbekistan kept its interest rate at 14% per annum. The regulator raised its inflation forecast to 9−11%, citing energy tariff hikes. But it asserts that the effects of these price changes in the economy are temporary. CBU also downgraded its economic growth forecast.
“Story of immunization in Uzbekistan is story of human triumph,” says UNICEF
National immunization program impacts 3.5 million children, with 950,000 receiving three doses of the diphtheria, tetanus, and pertussis vaccine annually. As World Immunization Week unfolds, UNICEF reminded the critical role of vaccination in safeguarding children’s health and survival.
Over 500 public buildings in Uzbekistan to become energy efficient under project by Ministry of Energy and WB
Ministry of Energy and WB aim to jointly improve energy efficiency of Uzbekistan’s public buildings in a project. Over five years, hospitals, schools and kindergartens will improve thermal insulation, ventilation, air conditioning, and replace coal-fired boilers with solar collector heating systems.
Uzbekistan exported gold worth $1.35 billion in March
Uzbekistan’s gold exports amounted to $1.35 billion in March, with a cumulative export value of $2.66 billion since the beginning of the year, accounting for 41.7% of the country’s total export revenue.
“We are not asking to choose between partners,” David Cameron speaks on Britain’s relations with Central Asia
Britain is not asking Uzbekistan and the rest of Central Asia to choose among regional collaboration partners, British Foreign Secretary David Cameron stated. “We want to be here to build partnerships,” he noted.
Foreign ministers of Uzbekistan and UK sign two documents on cooperation
Foreign ministers of Uzbekistan and the UK signed a Declaration on Comprehensive Cooperation and a Memorandum of Understanding focusing on regional and international connectivity, as well as infrastructure, during David Cameron’s visit to Tashkent.
Uzbekistan’s permanent population reaches 37 million
Permanent population of Uzbekistan surpassed 37 million on April 22. Since the beginning of the year, the figure has grown by over 200,000 people, with an increase of more than 36,700 just in the ongoing month of April.
UK Foreign Secretary to visit Uzbekistan
Current UK Foreign Secretary and former Prime Minister Lord David Cameron will visit Tashkent. Discussions with the Minister of Foreign Affairs of Uzbekistan are expected to cover cooperation on the key matters of regional security, education, climate change, and business relations.
English Speaking Nation program trains 18,000 English teachers in Uzbekistan
A four-year English Speaking Nation program, supported by the United States, concluded in Uzbekistan. More than 18,000 English teachers nationwide participated in the initiative.
EU, UNDP to support anti-corruption effort in Uzbekistan
EU and UNDP together with Anti-Corruption Agency of Uzbekistan launched the Action “Improving Governance in Uzbekistan” aimed at bolstering the government’s anti-corruption efforts. With a total budget of over 7 million euros, the action consists of two projects to cover all regions of the country.
World Bank approves $50 million loan for Uzbekistan’s Digital Inclusion Project
Ministry of Economy and Finance of Uzbekistan and World Bank signed an agreement for a $50 million concessional loan to support the Digital Inclusion Project. This loan aims to expand access to IT skills for thousands of young people residing in rural areas across the country.
Uzbekistan and Tajikistan sign Treaty on Allied Relations
Presidents of Uzbekistan and Tajikistan signed a Treaty on Allied Relations between the two countries. A total of 28 documents were signed during Shavkat Mirziyoyev’s state visit to Dushanbe.
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