Review.uz/en - Economic Review

2021-05-31 12:52:22 A preliminary estimate of the minimum consumer spending of the population announced in Uzbekistan

Today, on May 31, Information and Mass Communications Agency hosted a press conference "On preliminary estimates of minimum consumer spending in Uzbekistan."

The event was attended by:

First Deputy Minister of Economic Development and Poverty Reduction of the Republic of Uzbekistan Ilkhom Norkulov
Deputy Minister of Finance Jamshid Abruyev
Social Policy Advisor of the UNICEF Representative Office in Uzbekistan Umid Aliyev
World Bank expert Vinayak Nagaraj

It should be noted that for the first time in Uzbekistan, an estimate of the minimum consumer spending was announced at an official level.

The minimum consumer spending (#MCS) of the population is the cost of the minimum set of products, goods and services necessary for human life.

The live broadcast is available on the official IMCA Facebook page

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2021-05-28 15:07:33 Uzbekistan improved its position in four international ratings of socio-economic and political-legal spheres.

In the World Bank's Statistical Potential Index, Uzbekistan in 2020 rose by 16 positions compared to 2019 and took 61st place among 146 countries.

In the World Democracy Index in 2020, it climbed 2 positions and took 155th place out of 167 countries.

In the Global Innovation Index, Uzbekistan, gaining 24.54 points out of 100, improved its position by 29 points compared to 2015 and took 93rd place among 131 countries and 4th place among Central and South Asian countries.

In the World Bank's Women, Business and the Law Index, Uzbekistan, having risen by 5 positions with 70.6 points, entered the list of 27 states that have implemented important reforms in the field of women's rights and gender equality and took 134th place among 190 countries (in 2019 - 139th).

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2021-05-28 13:26:43 Czech companies interested in implementing green energy projects in Uzbekistan

Czech companies are interested in implementation of green energy projects in Uzbekistan, told the Ministry of Industry and Trade of Czech Republic.

Last year the assembly of Škoda cars (Czech automobile manufacturer) was launched in Uzbekistan. In addition, the Czech-Uzbeki joint-venture project for the local tram production in Tashkent is currently in the process.

In addition, it was noted that the highlight of Czech-Uzbek relations in 2021 should be the long-planned official trip of the President of Uzbekistan Shavkat Mirziyoyev to Czech Republic.

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2021-05-28 13:08:09 #The accelerator of socio-economic reforms identified areas that need to be addressed within 100 days

3 directions are mentioned:

Development of a criterion for assessing the level of satisfaction of citizens with public services.
implement the "Happiness Metrics" system using the experience of the UAE
identify the three best and three ineffective ministries and departments

Formation of Uzbekistan's energy statistics accounting in accordance with UN standards

Conduct an inventory of data generated in energy statistics
develop an energy balance

Implementation of a rating system for business entities.

Create a rating system in the areas business entities activity

The main task of the Accelerator is quickly and efficiently solve urgent problems in the field of socio-economic development by attracting resources from government agencies.

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2021-05-28 10:40:49 EBRD set to help Uzbekistan achieve carbon neutrality

The government of Uzbekistan and the European Bank for Reconstruction and Development (EBRD) signed a memorandum of understanding on long-term cooperation to achieve carbon neutrality of the domestic energy sector by 2050, said Uzbekistan’s Energy Ministry.

Since the beginning of its activities in Uzbekistan, the EBRD has invested more than €2bn in 92 projects in the country, including seven projects in the energy sector with a total value of around $1bn.

At the request of the EBRD, the government of Japan provided financial support for the preparation of a roadmap for the transition of Uzbekistan's energy sector to a low-carbon future.

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2021-05-27 09:09:39 #Infographics: #Review of the construction materials industry in Uzbekistan during 2016-2021

The infographics of the #CERR provides an analysis of the results of the development of the building materials industry over the five years.

Shohrukh Bobojonov, an expert at the #CERR, prepared a review on the development of the construction materials industry and the results achieved during 2016-2021.

The full review can be read through the link.

in English: review.uz/en/0ue
in Russian: review.uz/0ue
in Uzbek: review.uz/oz/0ue

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2021-05-26 07:51:06 #Infographics: International trade with CIS countries for April 2021

One third of the republic's foreign trade turnover falls on the CIS countries and this indicator has changed insignificantly in recent years.

in English: review.uz/en/gq0
in Russian: review.uz/gq0
in Uzbek: review.uz/oz/gq0

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2021-05-25 09:11:23 #Infographics: Trade of Uzbekistan with Central Asian Countries for April 2021

The infographic of the CERR illustrates the impact of Uzbekistan's trade and economic relations with Central Asian countries.

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2021-05-21 15:55:03 #CERR analyzed Business Activity Index of April, 2021

The BAI showed a moderate decline contrasted with the previous month.
At the same time, there is a sharp increase (by 75.6%) compared to the same period last year due to the onset of the negative consequences of COVID-19 in Uzbekistan.

Various changes were observed in the components of the BAI.

the number of transactions in bank accounts of business entities increased by 0.2%;
the component of operating business entities decreased by 3.3%;
the intensity of purchases of raw materials at the commodity exchange decreased by 1.7%;
brand component increased by 0.9%.

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2021-05-21 15:08:17 President Shavkat Mirziyoyev is taking part in Supreme Eurasian Economic Council’s meeting as the head of the observer state at the #EAEU.

The main thing from the speech:

Interaction with the EAEU is one of the most important areas for Uzbekistan’s policy.

We are ready to actively interact with all members of the EAEU to eliminate the barriers and further convergence of tariff measures for regulating trade.

The development of industrial cooperation between our states will have a positive effect on the development of the economy, and will allow us to develop the markets of third countries..

We are interested in expanding the practice of providing mutual preferences for transportation and transit of goods.


It is important for Uzbekistan to ensure the achievement of concrete tangible results of interaction with the EAEU as an observer.

We consider it necessary to consistently develop systemic cooperation, including on the issues of simplifying the procedures for the movement of goods, capital, labor resources and services.

The meeting is held in the format of a video conference.

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