Saturday, 22, February, 2025
Saturday, 22, February, 2025
The World Bank has published the latest edition of its Global Economic Prospects report, which analyzes trends, forecasts and risks for the global economy and the regions, including Europe and Central Asia.
On Monday, February 10, a cargo train departed from the Chinese Chongqing to Hairatan in Afghanistan, marking the launch of the first direct rail route connecting the Chinese metropolis in southwest China with Afghanistan, Xinhua said.
All efforts will be garnered in Uzbekistan to limit the use and sale of AI-80 gasoline before 2026. While, consumers must be provided with "high-quality, ecofriendly and affordable gasoline, the January 30 presidential decree on the 2025 State Program as part of the Year of Environmental Protection and Green Economy stipulated.
Uzbekistan and Malaysia have agreed to implement critical minerals projects, the Minister of Investment, Industry and Trade Laziz Kudratov told the Uzbekistan 24 TV channel on Wednesday.
Navoi Mining & Metallurgical Company (NMMC), the world’s fourth largest gold producer, today announces the receipt of its debut Environmental, Social, and Governance (ESG) Entity rating from Sustainable Fitch. The Company has been assigned a rating of “3” (on a scale from 1 to 5, where 1 represents low risk and 5 represents high risk), with an overall entity score of 51 out of 100.
The minimum wage is crucial for the legalization of manpower in Uzbekistan. A number of big companies have been heading away from paying wages off the books towards the legalization of their workers in recent years. It is noteworthy that this has begun to be demanded by workers who enter into pension, insurance and credit relations and who are aware their rights.
The Cabinet of Ministers issued a Resolution approving new customs duty rates on Friday, the Customs Committee said on Tuesday.
Gas production in Uzbekistan slipped to 44.59 BCM in 2024, which is by almost 2.1 BCM or 4.5% less than in 2023, the Statistics Agency said in its Industrial production report 2024.
The poverty rate in Uzbekistan declined down to 8.9% in 2024, the Center for Economic Research and Reforms said in a report today.
President signed Measures to accelerate the development of the pharmaceutical industry Decree introducing import duties on certain types of medicines Tuesday.
President Shavkat Mirziyoyev chaired a government meeting on the draft State Program - Year of Environmental Protection and Green Economy Monday.
Quadrilateral rail-economic corridor agreement between Uzbekistan, Afghanistan, Kyrgyzstan, and China has been extended for the year 2025.
All eyes will be on Samarkand city on February 25, 26 and 27 when the city will host the fourth edition of the International Agricultural Exhibition AGROPRO EXPO. The event will take place in the high-end SOF EXPO exhibition center, which will provide a unique platform for agricultural professionals from around the world.
Large state-owned enterprises of Uzbekistan will place Eurobonds in 2025. This became known today at the government meeting on investments chaired by President Shavkat Mirziyoyev.
In 2024, the import of electric and hybrid vehicles to Uzbekistan surpassed the imports of gasoline cars for the first time, the Customs Committee said in a report.
Russia will seek to increase gas supplies to Central Asian countries to 10-15 BCM annually in near future. In particular, the Central Asia-Center gas pipeline capacity upgrade project is underway to increase gas supplies to Kazakhstan and Uzbekistan in reverse mode, which could provide supplies of 10-12 BCM, and in the future - up to 15 BCM per year, the TASS reported.
The Tashkent city deputies council backed the Tashkent city’s 2025 budget during its session on December 26. The 2025 budget revenues are projected at 9.4 trillion soums, with main source being personal income tax on 1.8 trillion soums. Nearly two-thirds of total expenditures: 2.71 trillion soums will be contributed to heating system subsidies, 2.25 trillion soums for medical insurance, and 1.2 trillion soums for public transport subsidies.
According to the World Gold Council (WGC), based on available reported data, central banks bought a net 53 tons in November.
All types of oil products manufactured at the Bukhara Oil Refinery of Uzbekneftegaz, including gasoline, will be sold only through exchange trading under free market terms from January 1, 2025, the company's press service said.
On December 27, President Shavkat Mirziyoyev signed a Decree aimed at bringing export support measures in line with World Trade Organization provisions, the Ministry of Justice said.