Friday, 04, December, 2020

Economy

President Shavkat Mirziyoyev chaired a video conference meeting, where he, in particular, spoke about the reasons why major investors are not willing to invest in Uzbekistan.

The unemployment rate in Uzbekistan in Q1 topped 9.4%, the Liberal Democratic Party said in the Legislative Chamber of the Oliy Majlis Tuesday.

President Shavkat Mirziyoyev signed the Next Measures to Support Households and Business during Coronavirus Pandemic Decree.

President signed the Measures to implement the “Construction of a 100 MW capacity photovoltaic power plant in Samarkand province project” Decree.

Uzbekistan’s economy will slow sharply this year because of the impact of the coronavirus, but will avoid a recession, according to the latest forecast by the European Bank for Reconstruction and Development (EBRD) published today.

The world's largest company by market capitalization ever - Apple Distribution International Limited has registered in Uzbekistan as a VAT payer and paid US$ 59.2 thousand in tax to the Uzbek state budget in Q1, the State Tax Committee said.

The President signed the Measures to Expand Production of Potatoes and Further Development of Potato Seed Production in the Republic Decree.

Central Asian gas producers Turkmenistan, Kazakhstan and Uzbekistan are discussing a shared cut in gas supplies to China, as a result of the coronavirus pandemic's impact on demand, Uzbekneftegaz CEO Mekhriddin Abdullaev told S&P Global Platts Tuesday.

The government approved the Concept for Providing Uzbekistan with Electricity for 2020–2030, the Ministry of Energy said. The document was developed with the participation of international experts.

The countries of the Turkic Council are planning to step up the Trans-Caspian transport corridor during the coronavirus pandemic, the Foreign Ministry said in a statement.