In May 2021, goods and services in the consumer market of Uzbekistan increased on average by 0.5%, the State Statistics Committee of Uzbekistan said in a monthly report.
Today in Tashkent, with the support of the Central Bank of the Republic of Uzbekistan, the Embassy of the Republic of Uzbekistan in the Russian Federation, the Trade Mission of the Russian Federation in the Republic of Uzbekistan, PLUS-Forum “Banks and Retail. Digital transformation and interaction” began its work.
According to preliminary data of the State Statistics Committee for January-March 2021, the share of remittances from abroad in the total income of the population was 15.6%.
On 26 May 2021, the Ministry of Finance held a regular round table on the development of capital market infrastructure.
The state debt of Uzbekistan, attracted under state guarantees in foreign and domestic markets, as of 1 April 2021 made up US$23.2 billion or 40.1% of GDP. This was reported by the Ministry of Finance of Uzbekistan.
A new investment by IFC in Uzbekistan’s cotton sector will help further develop a sustainable model for private sector development and modernization of the industry while improving the livelihoods of farmers in the cotton supply chain and giving them access to new skills and technologies.
The European Bank for Reconstruction and Development (EBRD) is supporting the modernisation of agriculture and enhanced economic opportunities for the local population in Uzbekistan with a long term loan of up to US$60 million to Indorama Agro. The EBRD financing will be accompanied by a parallel loan of the same size from the IFC, a member of the World Bank Group.
By the decree of the Board of the Central Bank, FARHOD LOMBARD limited liability company received a license for the right to operate a pawnshop.
Rosselkhozbank (Russia) and Agrobank signed a cooperation agreement, which involves active interaction in the export of agricultural products between Russia and Uzbekistan, trade finance and interbank cooperation. This was reported by the press service of the Russian bank.
According to the Decree of the President of the Republic of Uzbekistan on the state program for the implementation of an action strategy in five priority areas of development of the Republic of Uzbekistan in 2017-2021, some changes are introduced to pension system of the country from 1 June 2021.