Uzbekistan and World Bank sign a $50 million agreement for a "Digital Inclusion" project, focusing on developing the country's digital economy and creating job opportunities in the IT sector.
in Economy / Uzbekistan,
Real estate market in Uzbekistan saw a significant drop in activity in March following a slight increase in February, with Tashkent accounting for over 28% of the market.
in Economy / Uzbekistan,
President of Uzbekistan, Shavkat Mirziyoyev, leads discussions to boost export volumes and investments in the textile industry, emphasizing the need for increased production of high value-added products and international certifications.
in Economy / Uzbekistan,
Representatives from Uzbekistan and Iran held a video conference to discuss collaboration on 29 joint projects worth 160 million dollars, focusing on economic development and investment opportunities in the Khorezm region.
in Economy / Uzbekistan,
Uzbekistan plans to abandon state price regulation on coal following a resolution to raise tariffs for electricity and gas, aiming to transition to market-based pricing in the energy sector.
in Economy / Uzbekistan,
Legal entities will be required to make 100% prepayments for electricity and natural gas starting July 1, 2024, due to issues with metering devices and illegal connections, in order to prevent the increase of debtor balances.
in Economy / Uzbekistan,
The Uzbek-Ukrainian Business Council aims to strengthen cooperation between entrepreneurs of both countries, addressing issues like customs values and exploring new opportunities for collaboration.
in Economy / Uzbekistan,
In Uzbekistan, inflation has reached 66% following a recent tariff hike on gas and electricity, prompting the government to introduce social protection mechanisms to support vulnerable families.
in Economy / Uzbekistan,
The perceived inflation rate in March in Uzbekistan remained at 12.7%, with gasoline and fuel prices being the top reported items for price increases, followed by vegetables and fruits.
in Economy / Uzbekistan,
The Asian Development Bank predicts Uzbekistan's GDP growth to slow down in 2024 and 2025 due to rising regulated prices impacting household incomes, affecting consumer demand.
in Economy / Uzbekistan,