On 20 February 2019, in the Ministry of Finance, the mission headed by Albert Eger, Chief Financial Officer of the International Monetary Fund (IMF) held a meeting with government officials.
Uzbekistan is selling $1 billion of Eurobonds in its first foray into international debt markets as the ex-Soviet republic opens its economy to foreign investment after more than two decades of isolation.
Uzbekistan plans to follow up an upcoming $1 billion international bond market debut with regular debt sales while the country’s banks are also expected to seek funds overseas, fund managers said on Tuesday.
Moody's has today assigned a first-time long-term issuer rating to the Government of Uzbekistan at B1. The outlook is stable. In addition, Moody's has also today assigned a provisional rating of (P) B1 to Government of Uzbekistan's forthcoming medium-term note program and a B1 rating to the planned drawdown from the program.
Asian Development Bank’s (ADB) Director General for Central and West Asia Department Mr. Werner Liepach visited Uzbekistan from 7 to 11 February.
S&P Global Ratings assigned its ‘BB-’ long-term foreign currency rating to the proposed benchmark-size U.S. dollar-denominated senior unsecured notes to be issued by Uzbekistan (BB-/Stable/B).
The Asian Development Bank (ADB) has approved a $2 million regional technical assistance grant to support the development of railways in Central Asia Regional Economic Cooperation (CAREC) countries.