US$500 million agriculture modernization project finance agreement was signed with the World Bank on July 11. On behalf of Uzbekistan, the agreement was signed by the Deputy PM/Minister of Investment and Foreign Trade Sardor Umurzakov, while on behalf of the World Bank, Regional Director for Central Asia Lilia Burunciuc. The online signing ceremony was also…
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Easy access to finance for smaller enterprises is required for employment generation and economic recovery during and after the pandemic, experts said on Saturday. They also called for creating a proper database of the labour market situation in the country to formulate time-befitting policies and provide financial and technical support to jobless people to integrate…
Tashkent, Uzbekistan (UzDaily.com) — In pursuance of the Resolution of the President of the Republic of Uzbekistan “On measures to implement the investment project “Construction of ammonia and urea production at Navoiazot JSC” from 21 July 2015, Uzkimyosanoat JSC is implementing an investment project jointly with a consortium of Japanese companies Mitsubishi Heavy Industries, Ltd and…
The government has expedited the process of replacing more than 70-year-old foreign exchange regulations in order to attract investments while improving the ease of doing business. The foreign exchange policy and operations in Bangladesh are now governed under the provisions of foreign exchange regulations, 1947, which empowered the central bank to regulate the movement of…
Tashkent, Uzbekistan (UzDaily.com) — The growth of the gross domestic product (GDP) of Uzbekistan made up 0.2% in January-June 2020 versus 6% in the same period of 2019. The State Statistics Committee of Uzbekistan reported. Industrial production in Uzbekistan decreased by 1.9% in January-June 2020 against 4.8% in the first half of 2019. The growth rates…