Uzbekistan exports 375.3 thousand tonnes of fruits and vegetables in three months
During January-March 2024, Uzbekistan exported 375.3 thousand tons of fruits and vegetables amounting to 219.8 million US dollars, as reported by the press service of the Uzbekistan Statistics Agency.
Uzbekistan-Tajikistan Trade Volume Hits $756.8 Million in 2023
In 2023, the volume of trade between Uzbekistan and Tajikistan amounted to 756.8 million. This was reported by the press service of the Centre for Economic Research and Reforms of Uzbekistan.
Oil Prices Rise Following Iranian Attack on Israel
Global oil prices increased by 0.3-0.4 percent following Iran's attack on Israel, according to trading data.
The banks of Uzbekistan will reduce interest rates on loans for entrepreneurs upon the creation of new jobs
Shavkat Mirziyoyev explained, using the example of the Yunusabad district, how it is necessary to work on increasing the population's income. He stated this at an extraordinary session of the Tashkent City Council of People's Deputies.
Uzbekistan's foreign trade turnover increased by 10.5%
Uzbekistan's foreign trade turnover exceeded $9.9bn in January-February 2024, according to the Statistics Agency.
Uzbekistan and Vietnam to set up joint trade house
As part of a three-day visit to Vietnam by Uzbekistan's Foreign Minister, the delegation took part in an Uzbek-Vietnamese business forum held on 19 March. This was reported by the Chamber of Commerce and Industry.
China sets ambitious 2024 economic target
China has set an ambitious growth target of around 5% for this year, as it outlined a series of measures aimed at boosting its flagging economy.
Bitcoin is taking off: overcame the $56 thousand mark for the first time since December 2021
Bitcoin's value reached $56.467k in trading on Coindesk today, rising above $56k for the first time since December 2021. This growth, which amounted to 9.68%, confirms the steady dynamics of the cryptocurrency in the current financial season.
EU ambassadors agree on 13th package of sanctions against Russia
The new sanctions package will include about 200 entities and individuals, but will not include new sectoral measures.
Japan to allocate almost $250 mln to Uzbekistan for economic development
Over $246.2 million will be allocated for economic and social development programs.
The trade volume between Iran and India is nearly $2 billion
A report by India's Ministry of Commerce and Industry said that the total trade volume between Iran and India stood at $1.836 billion in 2023.
Austria seeking to end Russian gas import contract
Energy Minister Leonore Gewessler said that the Austrian government needs to develop a plan to withdraw from Russian gas supply agreements concluded by Austrian energy concern OMV.
China's deflation has reached a 15-year high
China's consumer price index (CPI) fell 0.8 per cent year-on-year in January 2023, the biggest decline since 2009.
The EU intends to replace 80% of coal power with nuclear power plants and wind generation
The European Commission has recommended that the EU reduce greenhouse gas emissions by 90 per cent by 2040. This is expected to be done, including through the widespread introduction of renewable energy technologies (RES) and nuclear power.
Uzbekistan to abolish certain VAT exemptions
VAT exemptions on certain services and sales, as well as on imported goods, are cancelled.
The Central Bank left the key rate at the level of 14% per annum
Overall inflation in 2024 in Uzbekistan is expected at 8-9%, real GDP growth - at 5.5-6%.
Poverty line updated in Uzbekistan
In Uzbekistan, the minimum amount of consumer spending has been increased from 568 thousand soums to 621 thousand soums.
World Economic Forum 2024 kicks off in Davos, Switzerland
The main theme of the 54th session of the forum in Switzerland is "Rebuilding Trust".
US has announced total government budget for 2024
The total budget of the US government for 2024 is agreed in the amount of $ 1.6 trillion, including $ 886 billion for defence. This was announced by the Speaker of the House of Representatives Mike Johnson.
The tax rate will be reduced for farmers who install water meters in the field
From 2025, the tax rate will be reduced for farmers who install water meters in the field and use water-saving technologies.