(English) Shavkat Mirziyoyev approved a loan from the UAE for the modernization of the road and water supply network in Samarkand. The lender is the Abu Dhabi Development Fund. The project was provided for by an investment agreement signed during the President’s visit to the UAE in 2019.

(English) The Decree of the President “On measures to improve the activities of the Direct Investment Fund of the Republic of Uzbekistan” was adopted. According to the document, “Management Company of the Direct Investment Fund of the Republic of Uzbekistan” JSC will begin its activities as an investment company “Direct Investment Fund of the Republic of Uzbekistan” in the form of LLC.

(English) At a meeting on September 8, 2022, the Board of the Central bank decided to keep the policy rate unchanged at 15 percent per annum

(English) IFC has finalized an agreement to finance the first wind power plant in Uzbekistan, a 500-megawatt facility in the Navoi region that will power hundreds of thousands of homes, the press service of Corporation reports.

(English) Deputy Prime Minister – Minister of Investments and Foreign Trade of the Republic of Uzbekistan Jamshid Khodjaev received a delegation of the Japan International Cooperation Agency (JICA) headed by Senior Vice President Keiichiro Nakazawa.

(English) On August 18, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received the President of the Islamic Development Bank (IDB) as part of a state visit to Saudi Arabia Muhammad bin Sulayman Al Jassir.