Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, and Uzbekistan Minister of Investments, Industry, and Trade, H.E. Mr. Laziz Kudratov, have signed three financing agreements to support the development of critical infrastructure and social services in Uzbekistan. These agreements aim to promote sustainable economic growth, enhance rural development, and improve early childhood education in the country.
On 27 April, a round table on "Modern Monetary Policy: Full Employment, Stable Prices, and Economic Growth" was held as part of the first day of the Tashkent International Investment Forum.
On the first day of the Tashkent International Investment Forum, a panel discussion on the topic "Digital Money: A Look into the Future" was held.
Resolution of the Cabinet of Ministers “On additional measures to improve the provision of loans and increase permanent sources of income for the population as part of the Family Business Development Program” was adopted.
In March, about 2.2 million consumers accumulated 118 billion soums of cashback.
As part of a study conducted on the basis of a joint memorandum, another meeting was held between the Mastercard international payment system and the Central Bank of Uzbekistan.
The Asian Development Bank (ADB) committed US$20.5 billion from its own resources in 2022 to help Asia and the Pacific continue its recovery from the COVID-19 pandemic despite fresh economic headwinds and crises.
The President of Uzbekistan signed a resolution "On measures to implement the project "Comprehensive Development of Cities of the Republic of Uzbekistan" with the participation of the Asian Development Bank."
Commercial banks of Uzbekistan will gradually increase the size of their authorized capital.
The call for applications for participation in the Visa Everywhere Initiative 2023 (VEI), a global open innovation competition in which startups present their cutting-edge products to meet the challenges of the future in payments and commerce, was opened in Uzbekistan. Applications will be accepted until 14 May on the website.