Review.uz/en - Economic Review

2021-05-12 12:51:32 Uzbekistan’s Dynamism Presents New Opportunities for Post-Brexit Britain

The UK-Uzbekistan relationship is developing in several ways. British historians and archaeologists are exploring our ancient role as a crossroads for trade between East and West, while financial and legal experts are contributing to plans to create a similar role for the future..

London is providing assistance to the implementation of economic reforms in Uzbekistan through the Effective Governance for Economic Development in Central Asia (EGED) programme, in partnership with the World Bank.

Detailed: review.uz/en/6cu

Channel connection: @review_en Open / Comment

2021-05-12 10:21:58 The analysis showed that approximately 50% of business entities in Uzbekistan were created over the past three years.

As of May 1, there are over 533 thousand registered enterprises and organizations in Uzbekistan, from them 501 thousand are active.

In January-April 2021, the number of newly created enterprises and organizations amounted to 37,4 thousand units.

In English: review.uz/en/0hc
In Russian: review.uz/0hc
In Uzbek: review.uz/oz/0hc

@review_en
@reviewuznews
@reviewuz Open / Comment

2021-05-11 13:55:30 #CERR analyzed changes in the real estate market in Uzbekistan in April 2021.

An increase in the demand in these markets during January-April indicates a full recovery of economic activity in Uzbekistan.

In April 2021, the number of real estate contracts signed in the country amounted to 20.8 thousand, which is 2.5% more than in March, an increase is 28.1% as compared to that in April 2019 (16.2 thousand).

Due to the coronavirus pandemic in April 2020, this figure fell to 2.1 thousand, which was 87.6% less than in February and 86.1% less than in March.

The real estate market is supported by the program, which began in early March this year. The total amount of funding for housing construction programs in Uzbekistan is 1.1 billion soums.

in English: review.uz/en/d89
In Russian: review.uz/d89
In Uzbek: review.uz/oz/d89

@review_en
@reviewuznews
@reviewuz Open / Comment

2021-05-11 10:10:40 #Review of weekly prices: focus on vegetable oil

The recent surge in prices caused by the increased demand for this product in the external market and as a consequence, the desire of entrepreneurs to get super-high profits led to the introduction of market-stabilizing measures by the state

#CERR continuously monitors prices in the domestic market

The average price by the end of the week for a liter of vegetable oil decreased by 0.5% to 19,104 soums

The level of average prices was in the range from 17,218 soums per liter in the Andijan region to 20,596 soums in Tashkent

In terms of districts, the largest decrease in the price per liter of vegetable oil is noted in Vabkent (by 8.3%), Turtkul (by 6.3%), Dzhambai (by 5.5%), Elikalinsky (by 5.4%), Pakhtachi (5.1%), Mirzachul (5%) regions


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

@review_en
@reviewuznews
@reviewuz Open / Comment

2021-05-09 07:09:01 May 9 - Day of Memory and Honor.

We remember and we are proud!

@review_en Open / Comment

2021-05-07 12:43:05 In Uzbekistan, May 7 is celebrated as the Day of Communications Workers

Congratulations to all workers in this field and presenting #Review of Infographics by #CERR, development of the digital economy in Uzbekistan during the last four years

Significant progress has been made in Uzbekistan since 2016 in many respects

In four years:

Gross value added in the field of "Information and Communication" services doubled from 4.4 to 8.8 trillion soums

The volume of services provided by the type of economic activity "Information and Communication" has doubled from 6.3 to 12.9 trillion soums

Investments in the IT sector increased 4 times, from 1.2 to 4.8 trillion soums

The number of mobile subscribers increased by 20% to 25.4 million

The number of Internet users almost doubled to 22.5 million

In English: review.uz/en/5el
In Russian: review.uz/5el
In Uzbek: review.uz/oz/5el

@review_en
@reviewuznews
@reviewuz Open / Comment

2021-05-06 10:43:52 Prices and living expenses: Is Tashkent one of the most expensive city in the world?

Are food prices in Tashkent more expensive than in the capitals of the richest countries in the world?

Can Tashkent be considered one of the cheapest cities in the world based on the prices of the 10 cheapest products?

Experts from the Center for Economic Research and Reforms #CERR Malika Jumaniyazova and Bakhtishod Khamidov told how the ratings of the most expensive cities in the world are formed.

in English: review.uz/en/w3k
in Russian: review.uz/w3k
in Uzbek: review.uz/oz/w3k

@review_en
@reviewuznews
@reviewuz Open / Comment

2021-05-05 11:13:41 #CERR comment on the pricing of vegetable oil in Uzbekistan

The growth of import prices for vegetable oil is influenced by the introduction of export restrictions by partner countries.

Another factor influencing the rise in prices is the expected entry into force of the law on VAT exemption for imports of vegetable oil. As a result it led to the accumulation of excess volumes of vegetable oil in customs warehouses.

At the same time, the growth in prices for vegetable oil has actually stopped.

Last week there was a decrease in the growth of prices for vegetable oil by 1.5%, and a week earlier by 5%.

These market indicators show stabilization of price level for vegetable oil.

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

@review_en
@reviewuznews
@reviewuz Open / Comment

2021-05-05 10:01:21 Post-pandemic world. How Uzbekistan's economy went through the coronavirus crisis

The Uzbek economy suffered to a much lesser extent than the economies of most countries in the world. Positive growth rates remained, but decreased from 5.6% in 2019 to 1.6% in 2020, writes #CERR expert Viktor Abaturov.

#GDP for the first three months of 2021 increased by 3%

In the structure of exports, the volume of food exports increased by 18.4%, chemicals and chemical products - by 21%, non-ferrous metals - by 58%, machinery and equipment - by 58%, textiles - by 37.8%.

In the first quarter of this year compared to the first quarter of 2020, the production of motor gasoline increased by 3.0%, cotton yarn by 12.4%. The index of the metallurgical industry production increased - by 7.9%, food products - by 7.5%, textiles - by 19.1%, chemical products - by 20.5%.

in English: review.uz/en/b32
in Russian: review.uz/b32
in Uzbek: review.uz/oz/b32

@review_en
@reviewuznews
@reviewuz Open / Comment

2021-05-03 13:59:25 Inflation in April amounted to 1.5%

In the structure of growth in the short-term consolidated CPI for April 2021, the impact of food inflation continues to dominate.

Food products in April rose in price by 3%, non-food products - 0.4%, services - 0.5%.

Among the main groups of food and nonalcoholic beverages price increases in April 2021, the following is the leader:

oil and fat products (more expensive by 21.6%),
fruit and vegetable products (3−4.6% more expensive),
sugar (5.7% more expensive).

in English:review.uz/en/c2e
in Russian: review.uz/c2e
in Uzbek:review.uz/uz/c2e

@review_en
@reviewuz
@reviewuznews Open / Comment