Summary Overall, the Uzbek economy proved stable during July 2023 although the slow depreciation of the Soum against the US dollar continued. During the second quarter of 2023, inflation decreased. GDP, GDP per capita, exports, and imports all increased during the first half of 2023. Economic Growth GDP reached 470 trillion soums in the first…
H.E. President of the Republic of Uzbekistan Sh. M. Mirziyoyev has created favourable conditions for attracting investors to the field of geology in recent years. Large-scale work is underway to explore and produce new hydrocarbon reserves with the involvement of foreign investors for the sustainable provision of energy resources to consumers of Uzbekistan. On August…
Energy policymakers, scientists, and public figures from Uzbekistan and European Union countries, as well as representatives of IFIs gathered in Tashkent for the international conference “Energy Efficiency in Uzbekistan: Prospects and Challenges”. It was organized by the Agency for Strategic Reforms under the President of Uzbekistan and the European Union SECCA project. The event took…
The Agency for Strategic Reforms under the President of Uzbekistan and the National Research Council for Economics, Humanities and Social Sciences of the Republic of Korea have signed a Memorandum of Understanding. The move aims to strengthen cooperation between the two countries in reforms, improve state enterprise processes and work together on strategic planning, economic…
The European Bank for Reconstruction and Development (EBRD) continues its successful cooperation with Uzbekistan, providing support for the implementation of innovative projects aimed at developing key sectors of the economy. In 2022 alone, the EBRD invested about 900 million euros in Uzbekistan for the implementation of 26 projects. At the same time, the total portfolio…
In the Development Strategy of the New Uzbekistan for 2022-2026, the President of the Republic of Uzbekistan has approved seven main tasks. Among them are the reform of the education system, healthcare, and ensuring clean drinking water for the population. It is precisely on these priorities that the attention of the new Delivery Unit Office…
Shavkat Mirziyoyev, the president of the Republic of Uzbekistan, paid an official visit to France in November of last year at Emmanuel Macron’s invitation. Agreements to increase cooperation in political, trade and economic, cultural and humanitarian, and other areas were established as a consequence of high-level conversations. A total of 14 agreements aiming at enhancing…
The President of the Asian Infrastructure Investment Bank, Jin Liqun, was received by the President of Uzbekistan in Tashkent. During his visit, Jin Liqun met with the Director General of the Agency for Strategic Reforms, Shukhrat Vafaev, to discuss the multifaceted bilateral partnership between Uzbekistan and the Bank. They noted the high level of interaction…
A World Bank delegation led by Anne Bjerde, Vice President for Europe and Central Asia, visited Uzbekistan. The visit included a meeting with the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, during which joint projects and programs were discussed, as well as prospects for further expansion of cooperation. In addition, the World Bank delegation…
Tashkent, January 27, 2023 – The first plenary session of this year’s “Country Platform” for Uzbekistan was held at the International Business Center. The event was organized by the Agency for Strategic Reforms under the President of Uzbekistan with the assistance of the World Bank. The meeting discussed interaction with donors and development partners in…