Sunday, 21, January, 2018

Finances

President of Uzbekistan appointed Anvar Karimov, former chief of Financial Department of the Syrdarya province governor’s office, as Deputy Finance Minister.

Since 1992 the monetary contribution of the UN system to Uzbekistan has been about US$471 million, the UN Country office in Uzbekistan said in a statement.

President Shavkat Mirziyoyev signed the Measures To Implement The Electrification of Pap-Namangan-Andijan Railway Project Decree co-financed by the Asian Development Bank.

The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved the first two projects for financing in Uzbekistan yesterday.

The European Investment Bank (EIB) and the Republic of Uzbekistan signed today in Washington a framework agreement establishing the legal basis for the EIB's activities in Uzbekistan, including the provision of finance and technical assistance.

Uzbek Government delegation including Deputy PM Jamshid Kuchkarov and Chairman of the Central Bank Mamarizo Nurmuratov attended the annual meeting of the Board of Governors of the International Monetary Fund and the World Bank Group in Washington (USA) on 13-15 October 2017, the Uzbek Foreign Ministry said in a statement.

Russian companies and financial institutions intend to take part in the construction of Uzbekistan GTL plant (OLTIN YO'L GTL).

The Russian Export Center (EXIAR) will open credit lines for four Uzbek banks for a total of $ 300 million, the company general director, Pyotr Fradkov said today in Tashkent.

Uzbek Foreign Minister Abdulaziz Kamilov hosted a delegation of the European Bank for Reconstruction and Development (EBRD), led by the Managing Director for Central Asia and Russia, Natalia Khanzhenkova, the Uzbek Foreign Ministry said in a statement.

Uzbekistan will receive a $ 1 billion World Bank loan to help mitigate the impact of the currency liberalization on enterprises and households.