Materials with tag «ministry of economy and finance»


EBRD loans $238 million to Uzbekistan to modernize key regional road
2 May 2024, 20:30

EBRD loans $238 million to Uzbekistan to modernize key regional road

EBRD loaned Uzbekistan up to $238 million to reconstruct the road Urgench — Khonqa — Hazorasp — Toshsoqa — Amudaryo — A380 highway in Khorezm region, and build a bridge over the Amudaryo river. Following the reconstruction, the one-lane road will be expanded into a two-lane highway.

World Bank approves $50 million loan for Uzbekistan’s Digital Inclusion Project
20 April 2024, 18:03

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.

Official explains reasons behind gas and electricity tariffs increase
16 April 2024, 23:00

Official explains reasons behind gas and electricity tariffs increase

Gas and electricity production costs far surpass current tariffs unchanged since 2019, said a Finance and Economy Ministry official. Inflation has reached 66% over this period, he added. Agency for Social Protection noted that 1.5 million needy families will receive aid to cope with the price hike.


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