Finland has become a new donor to the UN Multi-Partnership Trust Fund for Human Security for the Aral Sea region in Uzbekistan (MPTF), the fund’s website reported.
IFC, a member of the World Bank Group, is extending a US$10 million trade finance-guarantee facility to Ipoteka Bank to support Uzbekistan’s exporters and importers and help protect the country’s economy from the impact of the COVID-19 pandemic.
The Government of Japan will provide US$ 1.9 million to help expand UNDP’s efforts in overcoming the socio-economic consequences of the COVID-19 pandemic in Uzbekistan.
The Japanese government will provide US$ 3 million to expand the business opportunities for women in rural areas of Uzbekistan in the context of the coronavirus pandemic, the Japanese embassy in Tashkent said.
On May 21, the President Shavkat Mirziyoyev signed a resolution on financing the targeted support for citizens affected by the incident at the Sardoba reservoir dam and for restoration of infrastructure.
As part of the comprehensive response against the COVID-19 pandemic, the United States government announced an additional $3 million in funding through the U.S. Agency for International Development (USAID) to Uzbekistan.
The Executive Board of the International Monetary Fund (IMF) today approved the disbursement of SDR 275.6 million (50 percent of quota, about US$375 million) under the Rapid Credit Facility (RCF) and the Rapid Financing Instrument (RFI). This will help to meet Uzbekistan’s increased need for fiscal and urgent balance of payments financing arising from the impact of the COVID-19 crisis.
The Asian Development Bank (ADB) has allocated a $1.36 million grant for Uzbekistan to procure medical equipment and supplies to support the country’s efforts to combat the novel coronavirus disease (COVID-19) pandemic.
Bluestone Investment Bank, a U.S. based ivestment bank and brokerage, has been awarded three licenses for activities in the Uzbekistan securities market, the Uzbek Capital Market Development Agency said.