Tuesday, 24, April, 2018

Economy

At the enlarged meeting of the Cabinet of Ministers, the President Shavkat Mirziyoyev focused on the key objectives for 2017: "We have to ensure the exports value to reach 10.8 billion dollars", - and defined the tasks that need to be resolved to this end:

President of Uzbekistan, Shavkat Mirziyoyev on January 6, 2016 signed a decree "On measures to optimize the investment project -"Construction of a plant for repair of excavators and tracked vehicles."

Uzbekistan’s GDP grew 7.8% in 2016. This was announced by President Shavkat Mirziyoyev on Saturday's enlarged meeting of the Cabinet of Ministers.

A new smelter furnace has been commissioned in metallurgical shop of copper smelter plant of Almalyk Mining and Metallurgical Complex. According to AMMC, the start-up and commissioning works are currently ongoing.

President Shavkat Mirziyoyev on December 27, signed an Amendment to the Presidential Decree of April 11, 1995 № UP-1096 "On additional measures to regulate export and import operations."

Uzbekistan Airways and Boeing signed an agreement for the purchase of four Boeing 787-8 Dreamliners, the airline company press service said.

Uzbekistan and Kazakhstan have decided to reopen road link on M-39 highway, which will decrease travel time from Tashkent to Samarkand.

The draft Presidential decree "On creation of a small industrial zone in Yangiyer city in Syrdarya region" has been posted on IASLA (Impact Assessment System of Legislative Acts) portal for public discussion.

The Dec 21 Presidential Resolution has approved a program for further development of the textile and sewing-knitwear industry in the country for 2017-2019.

From January 1, 2017 the Government of Uzbekistan has increased the rate of mandatory insurance contributions of citizens to the Off-budget Pension Fund under the Ministry of Finance from 7.5% to 8%.