Monday, 22, October, 2018

Finances

Thanks to the Emergency Medical Services Project, better trained and managed medical personnel in hospitals across Uzbekistan will be appropriately equipped to help millions of people impacted by accidents and medical emergencies. The project was approved in April 2018 by the World Bank’s Board of Executive Directors and will be financed by a US$100 million credit.

The net foreign exchange reserves of Uzbekistan on October 1 amounted to US$ 25.49 billion, decreasing by US$ 489 million over the month , the Central Bank of Uzbekistan said in a report.

Following the adoption of a new country strategy for Uzbekistan, the EBRD is providing funds for the development of sustainable solutions for the municipal and power infrastructure sectors in the country.

The Republic of Uzbekistan and the European Investment Bank (EIB) are opening a new chapter in their relationship by signing two landmark loans that will be beneficial to both the country and the environment.

New World Bank research released today gives policymakers compelling evidence that delivering better outcomes in children’s health and learning can significantly boost the incomes of people—and of countries—with returns far into the future.

The Big Four audit firms have joined the drafting of Uzbekistan’s new tax code, the Ministry of Finance said. The Ministry initiated a videoconference with the experts on global tax policy and administration at Deloitte in overseas offices.

President Shavkat Mirziyoyev chaired a government meeting Wednesday to discuss the state of socio-economic development in the 9 months of 2018 and the expected results for the year-end.

Uzbekistan delegation led by Deputy PM/Chairman of Investment Committee Sukhrob Holmuradov will on October 12-14 attend the next Annual Meeting of the Board of Governors of the World Bank and the International Monetary Fund in Indonesia.

Uzbekistan-France business forum was held in the French capital ahead of Shavkat Mirziyoyev’s visit to France on Friday. As part of the forum, the National Bank of Uzbekistan signed loan deals with French banks, one with Crédit Agricole worth € 300 million, another one with NATIXIS worth € 500 million euros.

The EBRD Board of Directors has approved a new strategy for Uzbekistan for 2018-2023. The strategy reflects recent changes in the country’s political and macroeconomic environment and is aimed at the creation of an open, integrated and export-driven economy.