The Senate of the Oliy Majlis on the sixteenth plenary session on 26 June amended the Law of the Republic of Uzbekistan “On the state budget for 2021”. It was famous on the assembly that the implementation of selections taken over the previous interval of the present 12 months, the implementation of precedence duties and…
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Uzbekistan’s Energy Ministry said on June 30 a new $380 million project to enhance the performance of the National Electric Grids of Uzbekistan (NEGU) has been approved by the World Bank’s Board of Executive Directors. “Uzbekistan has been working closely with the World Bank and other international institutions to open up the country’s power sector…
The European Bank for Reconstruction and Development published its latest Regional Economic Prospects (REP) report, according to which the economy of Uzbekistan is set to grow by 5.6 per cent in 2021 and 6 per cent in 2022. The REP is expecting private consumption and investment to rebound as well. According to the report key…
A year after shutting down all its state-owned jute mills, Bangladesh is now in the final stage of shortlisting bidders who sought to operate these once-vibrant factories under lease arrangements. Bangladesh Jute Mills Corporation (BJMC) that used to operate the mills, now sifting through the lease proposals it received against an ‘expression of interest’ (EOI)…
Kyrgyzstan’s President Sadyr Japarov has lauded the success Bangladesh has achieved in garments and medicine sectors and urged the entrepreneurs of the south Asian country to invest in the landlocked nation. The government of Kyrgyzstan will extend all-out support, including allotment of land, to the interested Bangladeshi businesses, he said. He made the comments at…