The Board of the Central Bank of Uzbekistan decided to leave the policy rate unchanged on 10 June 2021.
A memorandum on the implementation of a project worth US$100 million was signed between the Ministry of Public Education of the Republic of Uzbekistan and the Asian Development Bank (ADB). This was reported by the press service of the Ministry of Education and Science.
On 9 June 2021, the Ministry of Economic Development and Poverty Reduction signed a mandate letter between the Ministry of Finance, Uzpromstroybank and the European Bank for Reconstruction and Development.
The European Bank for Reconstruction and Development (EBRD) is expanding its Green Economy Financing Facility (GEFF), launched in Uzbekistan in 2019, to support green finance for small private-sector companies investing in green technology solutions.
S&P Global Ratings had revised its outlooks on National Bank For Foreign Economic Activity Of The Republic Of Uzbekistan (NBU), Ipoteka Bank JSCM, and KDB Bank Uzbekistan JSC (KDB Uzbekistan) to stable from negative.
The volume of Uzbekistan’s official reserves as of 1 June 2021 exceeded US$35.51 billion, according to data from the Central Bank.
The European Bank for Reconstruction and Development (EBRD) is expanding its regional presence in Uzbekistan by opening a new local office in Urgench, its third in the country. Urgench is a major municipality in the west of the country.
On 7 June 2021, the Minister of Finance Timur Ishmetov held a meeting with a delegation led by Jurgen Rigterink, First Vice President of the European Bank for Reconstruction and Development (EBRD).
On 7 June, the Central Bank of the Republic of Uzbekistan hosted a meeting with a delegation led by First Vice President of the European Bank for Reconstruction and Development (EBRD) Jurgen Rigterink. This was reported by the press service of the regulator.