The Board of Executive Directors of the World Bank approved a $143 million concessional loan for Uzbekistan. The funds will be used by the government of the country to finance a project to improve the energy efficiency of public buildings and develop the institutional and regulatory framework to attract investment in clean energy in the building sector.

The Uzbekistan GTL plant has officially released the first batch of synthetic oil in the history of the petrochemical industry in Uzbekistan. This was reported by the press service of the Ministry of Energy of Uzbekistan.

In particular, the provision of services to investors in the zones is organized on the principle of a “single window”. Shavkat Mirziyoyev issued a decree on improving the efficiency of special economic and other zones.

Uzbekistan’s GDP growth in 2022 will be 4.3%. This is stated in the June report of the World Bank “Global Economic Prospects”. It should be noted that in April 2022, bank experts predicted that the growth of the economy of Uzbekistan would slow down to 3.6% in 2022.

For two days, the Tashkent International Hotel has become the main platform in the Central Asian region for productive business communication between financial market participants and professional experts - fintech and retail headliners.

The World Bank Group’s Board of Executive Directors discussed and endorsed today the Uzbekistan Country Partnership Framework (CPF) for the period 2022-26.