Tuesday, 10, September, 2024
Tuesday, 10, September, 2024
The presidential signed the Creating of National Investment Fund of the Republic of Uzbekistan Decree. The following have been defined as the main goals of the Fund:
In the first seven months of 2024, Uzbekistan's international trade topped $36.8 billion, which is by $1.86 billion, or 5.3%, more than in the same period of 2023, the Statistics Agency said in a report.
The Statistics Agency, together with the World Bank mission, re-estimated the size of the Uzbekistan’s gross domestic product with the shadow economy.
In the first half of 2024, the total income of Uzbeks reached 399.2 trillion soums, the Agency of Statistics said in a report. In nominal terms, the growth was at 18.4%, and the real growth rate (minus inflation) was 8.6%. In January-June last year, these figures were 18.3% and 6.5%, respectively.
48.4 billion soums, or 4 million USD, in tax were paid by 60 foreign technology companies in Uzbekistan in January-June 2024. This is 1.5 times more than to the same period last year, the Tax Committee reported.
In January-July of this year, the average monthly gross salary in Uzbekistan reached 5,092 thousand soums, or 400 USD. This figure was 4,337 thousand soums in the same time of 2023, the Statistics Agency said in a report.
The volume of money remittances to Uzbekistan increased by 25% in January-June 2024, the governor of the Central Bank Mamarizo Nurmuratov said this at a press conference today.
In January-April, Uzbekistan imported $809.5 million worth of gas, the Statistics Agency said in a report. This is 4 times more (in value terms) than in the first half of 2023, when deliveries stood at $200 million.
According to EastFruit analysts, the watermelon market in Uzbekistan and Central Asia is currently facing significant challenges. Producers are reporting a lack of demand, leading many to leave their watermelons unharvested in the fields. Some have resorted to harvesting watermelons solely to feed them to livestock.
Acting Deputy Minister of Investments, Industry and Trade, Shahrukh Ghulomov met with the Deputy Permanent Secretary of the Thai Ministry of Foreign Affairs, Busadi Santipitaks.
The Statistics Agency unveiled information on Uzbekistan international trade in January-June 2024. Reportedly, the country's foreign trade turnover reached 31.8 billion dollars. The exports stood at 13 billion dollars, while the imports reached 18.8 billion dollars. Compared to the same period last year, the export increased by 5.5%, and the imports increased by 10.6%, with the trade deficit at 5.8 billion dollars.
Government’s 96% stake in Andijan Biochemical Plant was sold to Jasmine Gold Group for 101.3 billion soums, or 8 million USD, the State Asset Management Agency said.
The Tax Committee issued a decision has been adjusted the criteria for adding legal entities in the large tax payers category in Uzbekistan.
The Economic Review magazine analyzed Uzbekistan’s international trade with the CIS countries in January-May, 2024.
The State Asset Management Agency (SAMA) announced the privatization of the Foton company. The 85.58% government stake in the electronics plant was sold through a public invitation to negotiations to the Havvo Group agricultural holding for 151 billion soums (about $12 million).
BYD Uzbekistan Factory joint venture in Jizzakh province produced its first electric vehicle. President Shavkat Mirziyoyev visited this plant today.
Good morning Mr. Neil McKain, you are the IFC Regional Manager for Uzbekistan and Turkmenistan. Thank you in advance for this interview to the Tashkent Times.
On May 29, the first meeting of the Uzbekistan-Malaysia Intergovernmental Commission took place in Kuala Lumpur. According to Dunyo, this event was organized in pursuance of the agreements reached between the President Shavkat Mirziyoyev and the Prime Minister of Malaysia Anwar Ibrahim during their talks negotiations held in Tashkent on May 17 to turn the Joint Committee on Trade between the two countries into an Intergovernmental Commission.
As reported earlier on June 3, President Shavkat Mirziyoyev signed the Measures to further expedite market reforms and harmonize national legislation with World Trade Organization (WTO) agreements Decree.
On June 3, the president signed the Measures to further expedite market reforms and harmonize national legislation with World Trade Organization (WTO) agreements Decree depriving several state-owned companies in Uzbekistan of special (exclusive) rights.