Uzbekistan: deputy chairman of Central Bank chosen

Shokhrukh Shoakhmedov was appointed the deputy chairman of Uzbekistan’s Central Bank according to a decree of President Islam Karimov, the Central Bank said. Shoakhmedov was heading the Central Bank’s central administrative board in Tashkent. Uzbekistan’s Central Bank is tasked to regulate money circulation and activities of commercial banks in the country. Currently 26 banks operate…

Uzbekistan: GDP up in H1 2016

Gross domestic product (GDP) of Uzbekistan grew by 7.8% in January-June, the session of the Cabinet of Ministers said on July 15. Industrial production in Uzbekistan rose by 6.7% in the first half of 2016, agriculture output by 6.8%, services by 12.9% and construction works by 17.5%. State budget was executed with 0.1% surplus to…

Uzbekistan: first international fruit & vegetable fair kicks off in Tashkent

The Metropolitan “Uzexpocenter” saw the opening of the first International fruit and vegetable fair. The main purpose of the event is to raise awareness among the foreign processing and trade companies on the high, unique properties of environmentally friendly, fresh vegetables, fruit, grapes and melons, and finished quality products produced in Uzbekistan, their industrial processing.…