Wednesday July 17, 2019 09:49

UZBEKISTAN Press Releases

XCMG#s #Apprentice Season 4# Offers Recruits Valuable Industry Insight General—20 Dec 18

"XCMG Apprentice Season 4: Insiders" is in full swing, as its roster of five international recruits from the U.S., Pakistan, India, Venezuela and Uzbekistan, in addition to learning about the development of the company's world-leading technologies and

Statement by the IMF Deputy Managing Director Tao Zhang at the Conclusion of a Visit to Stcoks—16 May 18

Mr. Tao Zhang, Deputy Managing Director for the International Monetary Fund (IMF), visited Tashkent on May 12-14, 2018. During his visit, Mr. Zhang met with the authorities and representatives of the private sector. The discussions focused on the latest

World Bank Group President Meets Uzbek President, Pledges Support for Uzbekistans Stcoks—18 May 18

Washington DC, May 17, 2018 - World Bank Group President Jim Yong Kim met with Uzbek President Shavkat Mirziyoyev today to discuss Uzbekistan's social and economic transformation and to reaffirm the World Bank Group's support for reforms to accelerate

IMF Executive Board Concludes 2018 Article IV Consultation with the Republic of Stcoks—10 May 18

- Comprehensive tax reform is needed, foremost to stimulate job creation, but the reform should be implemented gradually and in line with maintaining a stability-oriented fiscal policy. - To bring inflation to single digits over the next two years, it

SkyPower and The Government of Uzbekistan Announce the signing of a landmark 1,000 MW Solar Power Stcoks—07 May 18

Global leader in sustainability and utility-scale solar production, SkyPower, has announced an estimated $1.3 billion foreign direct investment in Uzbekistan to build 1,000 MW of solar energy generation capacity throughout the country. This project will

Uzbekistan Implements the IMFs Enhanced General Data Dissemination Stcoks—04 May 18

Uzbekistan has implemented the recommendations of the Enhanced General Data Dissemination System (e-GDDS) by publishing critical macroeconomic and financial data through the National Summary Data Page (NSDP). The NSDP is posted on the State Statistics

Citizens of Uzbekistan to Benefit from Better Emergency Medical Services, with World Bank Stcoks—26 Apr 18

WASHINGTON, April 25, 2018 – Thanks to the Emergency Medical Services Project, better trained and managed medical personnel in hospitals across Uzbekistan will be appropriately equipped to help millions of people impacted by accidents and medical

240,000 People in Cities Across Uzbekistan to Benefit from Improved Heating and Hot Water Stcoks—26 Jan 18

WASHINGTON, January 25, 2018 – Over 240,000 residents in five cities across Uzbekistan are to benefit from improved efficiency and quality of heating and hot water services, thanks to the District Heating Energy Efficiency Project approved today by

World Bank CEO Expresses Support for Uzbekistans Ambitious Reforms Stcoks—19 Jan 18

TASHKENT, January 18, 2018 - World Bank Chief Executive Officer Kristalina Georgieva welcomed Uzbekistan's wide ranging reforms to boost the country's economy and improve the lives of all Uzbek citizens. Georgieva met with President Shavkat Mirziyoyev,

Statement at the Conclusion of an IMF Staff Visit to Uzbekistan Stcoks—17 Nov 17

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's

Uzbekistan is a Global Top Improver for Third Time as Reform Agenda Continues: Doing Business Stcoks—02 Nov 17

TASHKENT, November 1, 2017 — Uzbekistan undertook five business reforms in the past year, earning the country a spot in the top 10 global improvers for a third time, says the World Bank Group's latest Doing Business 2018: Reforming to Create Jobs

Statement by IMF Managing Director Christine Lagarde on Uzbekistan Stcoks—20 Sep 17

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement after a meeting with Mr. Shavkat Mirziyoyev, President of the Republic of Uzbekistan, in New York today: "It was a pleasure to meet

Statement at the Conclusion of an IMF Staff Visit to Uzbekistan Stcoks—25 Jul 17

An International Monetary Fund (IMF) mission led by Mr. Albert Jaeger visited Tashkent during July 17–24, 2017, to discuss economic developments and the authorities' reform plans. At the conclusion of the visit, the mission issued the following

Uzbekistan-Based Ipoteka Bank #B+/B# Ratings Affirmed On Strengthening Capi Outlook Stcoks—19 Jul 17

MOSCOW (S&P Global Ratings) July 19, 2017--S&P Global Ratings today affirmed its 'B+/B' long- and short-term counterparty credit ratings on Uzbekistan-based Ipoteka Bank JSCM. The outlook is stable. We removed the ratings from CreditWatch, where

Uzbekistan-Based Ipoteka Bank #B+# Rating Placed On CreditWatch Negative Due To Regulatory Capital Stcoks—02 May 17

MOSCOW (S&P Global Ratings) May 2, 2017--S&P Global Ratings today placed its 'B+' long-term counterparty credit rating on Uzbekistan-based Ipoteka Bank on CreditWatch with negative implications. At the same time, we affirmed our 'B' short-term

ILO Report Says Uzbekistan Making Progress on Labor Reforms, Organized Child Labor Stcoks—02 Feb 17

WASHINGTON, February 1, 2017 – The International Labor Organization (ILO) says the Government of Uzbekistan is making progress in reforms to address risks of forced labor in its cotton industry. In a report released today, following its independent

World Bank Vice President Visits Kazakhstan, Discusses 25 Year Partnership and New Opportunities to Stcoks—17 Jan 17

ASTANA, January 16, 2017 – The World Bank Vice President for Europe and Central Asia, Cyril Muller, and the new Executive Director for Azerbaijan, Kazakhstan, Kyrgyz Republic, Poland, Serbia, Switzerland, Tajikistan, Turkmenistan, Uzbekistan Mr.

Economies in Central Asian Countries Credited with Positive Reforms Says Latest Doing Business Stcoks—27 Oct 16

ALMATY, October 26, 2016 – Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan implemented a total of 12 reforms across nine business regulatory areas during the past year, with Kazakhstan recording the most reforms in the Europe and

Sustainable Growth and Job Creation in Uzbekistan Focus of New World Bank Group Stcoks—15 Jun 16

WASHINGTON, June 14, 2016 – The World Bank's Board of Executive Directors today discussed a new Country Partnership Framework for Uzbekistan for 2016-2020. The new strategy is aligned with the country's own goal of achieving upper middle-income

World Bank Supports Efficiency and Transparency of Real Property and Cadastre System in Stcoks—25 May 16

WASHINGTON, May 24, 2016 – The World Bank's Board of Executive Directors today approved a US$20 million IDA credit for the Modernization of Real Property Registration and Cadastre Project in Uzbekistan. The goal of the project is to improve the

The World Bank Supports Quality Improvement for Labor Force in Uzbekistan Stcoks—28 Apr 16

WASHINGTON, April 27, 2016 – The World Bank's Board of Executive Directors today approved International Development Association credit in the amount of US$42.2 million for the Modernizing Higher Education Project. The Project will support

Uzbekistan-Based Halk Bank Off Watch On Capital #B+/B# Ratings Outlook Stcoks—23 Nov 15

MOSCOW (Standard & Poor's) Nov. 23, 2015--Standard & Poor's Ratings Servicestoday affirmed its 'B+/B' long- and short-term counterparty credit ratings onUzbekistan-based Halk Bank. We removed the long-term rating from CreditWatchwith negative

IMF Executive Board Concludes 2015 Article IV Consultation with Uzbekistan Stcoks—16 Sep 15

On August 31, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Uzbekistan. Uzbekistan's economy has been resilient in a difficult external environment, characterized by weak economic activity

IMF Staff Completes 2015 Article IV Mission to the Republic of Uzbekistan Stcoks—14 May 15

An International Monetary Fund mission led by Mr. Raja Almarzoqi visited Tashkent on April 29−May 12, 2015 to hold discussions on the 2015 Article IV consultation. At the conclusion of the mission, Mr. Almarzoqi issued the following

IMF Executive Board Approves a 3-Year, US$552.Million Extended Credit Facility Arrangement with Stcoks—03 Sep 14

A quick glance at the economic trends in Uzbekistan over the last twenty years reveals both a sharp trend upwards in economic growth and a steady shift away from agriculture and toward industry, energy exports, and, in particular, services. Bolstered by

World Bank Supports Job Creation and Climate Resilience in the Agriculture Sector in the Republic Stcoks—13 Jun 14

WASHINGTON, June 12 , 2014— The World Bank’s Board of Executive Directors today approved financing totaling US$410.3 million for two projects in the agriculture sector of Uzbekistan: the Horticulture Development Project and the South