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Tuesday, June 17 2025

The Central. Asia

The Central. Asia

News from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan
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Category: Uzbekistan

Uzbekistan builds over 40mn square meters of buildings in 2024, plans growth for 2025
Categories Uzbekistan

Uzbekistan builds over 40mn square meters of buildings in 2024, plans growth for 2025

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • January 24, 2025

Over 40mn square meters of buildings were constructed across Uzbekistan, including 2,044 multi-story buildings housing more than 100,000 apartments in 2024. This was discussed…

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Central Bank of Uzbekistan maintains policy rate at 13.5%
Categories Uzbekistan

Central Bank of Uzbekistan maintains policy rate at 13.5%

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • January 23, 2025

The Board of the Central Bank decided to keep the policy rate steady at 13.5% per annum at its meeting on January 23, 2025.…

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JICA builds on $3.7bn investment in Uzbekistan with new agreements and initiatives
Categories Uzbekistan

JICA builds on $3.7bn investment in Uzbekistan with new agreements and initiatives

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • January 23, 2025

Since the start of its engagement in Uzbekistan, the Japan International Cooperation Agency (JICA) has facilitated projects worth $3.7bn in critical areas, including energy,…

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World Bank: Uzbekistan’s GDP to grow by 5.8% in 2025
Categories Uzbekistan

World Bank: Uzbekistan’s GDP to grow by 5.8% in 2025

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • January 23, 2025

Uzbekistan’s economy is projected to expand by 5.8% in 2025 and 5.9% in 2026, maintaining its status as a regional growth leader, according to…

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Why don’t Uzbeks trust soum? Understanding ongoing preference for dollar
Categories Uzbekistan

Why don’t Uzbeks trust soum? Understanding ongoing preference for dollar

  • By TheCentral.Asia
  • Estimated read time 10 min read
  • January 23, 2025

In Uzbekistan, US dollars are often the go-to choice for saving and making significant purchases, from homes to cars. While the soum (UZS) has…

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Uzbekistan’s Oliy Majlis approves bill to join Eurasian Development Bank
Categories Uzbekistan

Uzbekistan’s Oliy Majlis approves bill to join Eurasian Development Bank

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • January 22, 2025

Uzbekistan’s Oliy Majlis (parliament) has approved a bill in its third reading to join the Eurasian Development Bank (EDB), paving the way for the…

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Uzbekistan’s foreign trade turnover hits $65.9bn in 12M24, up 3.8% y/y
Categories Uzbekistan

Uzbekistan’s foreign trade turnover hits $65.9bn in 12M24, up 3.8% y/y

  • By TheCentral.Asia
  • Estimated read time 4 min read
  • January 22, 2025

Uzbekistan’s foreign trade turnover (FTT) reached $65.9bn in January-December 2024, marking an increase of $2.4bn, or 3.8%, compared to the same period in 2023.…

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President Mirziyoyev congratulates Trump, expresses hope for stronger US-Uzbekistan partnership
Categories Uzbekistan

President Mirziyoyev congratulates Trump, expresses hope for stronger US-Uzbekistan partnership

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • January 21, 2025

President of Uzbekistan Shavkat Mirziyoyev has extended his congratulations to Donald Trump on his official assumption of office as the President of the United…

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Manchester City sign Uzbekistan defender Abdukodir Khusanov from Lens
Categories Uzbekistan

Manchester City sign Uzbekistan defender Abdukodir Khusanov from Lens

  • By TheCentral.Asia
  • Estimated read time 3 min read
  • January 21, 2025

Manchester City have officially signed Uzbekistan international defender Abdukodir Khusanov from French club Lens. The 20-year-old joins the Premier League champions on a four-and-a-half-year…

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eBay registers for tax in Uzbekistan, joins global tech giants paying VAT
Categories Uzbekistan

eBay registers for tax in Uzbekistan, joins global tech giants paying VAT

  • By TheCentral.Asia
  • Estimated read time 2 min read
  • January 20, 2025

eBay, the world’s largest online marketplace, has officially registered for tax purposes in Uzbekistan, as per UzDaily. As part of the registration process, eBay…

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