Uzbekistan: Moody’s improves country rating outlook to positive

Moody’s Investors Service has improved Uzbekistan’s rating outlook to positive from stable, and concurrently affirmed the B1 long-term issuer and senior unsecured ratings and the (P)B1 senior unsecured MTN program ratings. “The outlook change to positive reflects demonstrated improvements to institutional capacity and policy effectiveness that, if continued, will support a higher rating. In Moody’s…

Uzbekistan: project on launching COVID-19 vaccine production with China to be accelerated

Minister of Innovative Development of Uzbekistan Ibrokhim Abdurakhmonov had a telephone conversation with Ambassador of China to Uzbekistan Jiang Yan. At the beginning of the conversation, the ambassador congratulated on the successful holding of the fifth meeting of the subcommittee on scientific and technical cooperation of the Uzbek-Chinese Intergovernmental Committee for Cooperation and highly appreciated…

Latvia: state debt up in May 2021

At the end of May, the nominal value of Latvian state debt was EUR 13.4 billion, up by EUR 909 million or by 7.3% from the end of 2020, according to information from the Ministry of Finance. The ministry explained that the increase of the state debt was dictated by the issue of ten-year euro…