Tashkent is listed as an Associated International Financial Center in the Global Financial Centers Index (GFCI) by the Z/Yen International Analytical Center (Great Britain).
Anna, Bjerde, World Bank Vice President for Europe and Central Asia, visited Uzbekistan from September 29 to October 2, 2022, as part of a broader trip to Central Asia. Ms. Bjerde met with President Shavkat Mirziyoyev, as well as senior government officials, and beneficiaries of a World Bank-funded project that is helping improve rural infrastructure in Uzbekistan.
On 3 October, within the framework of the visit of the President of the Republic of Uzbekistan to Hungary, the Uzbek-Hungarian business forum was held with the participation of business circles of the two countries.
In the first half of 2022, Uzbekistan received remittances in the amount of US$6.53 billion, which is almost twice as much compared to the same period in 2021. This is stated in the report of the Central Bank.
The current account in the first half of 2022 formed a deficit of $830 million (US$3.3 billion in the first half of 2021). At the same time, the negative balance (US$6.5 billion) of the trade balance (goods and services) was partially offset by the positive balance of primary and secondary income (US$5.7 billion). This was stated by the press service of the Central Bank of Uzbekistan.
The Committee of the Legislative Chamber of the Oliy Majlis on science, education, culture and sports heard information from a number of ministries and departments on the work being done to achieve target indicators of budget expenditures and development programs for 2022.
In September 2022, the average price level in the consumer market of Uzbekistan increased by 1.0%, the State Statistics Committee of Uzbekistan said.
The Central Bank of Uzbekistan became one of the largest buyers of gold in August 2022. The data is provided in the World Gold Council report.
The European Bank for Reconstruction and Development (EBRD) is promoting energy efficiency in Uzbekistan’s steel production sector by supporting operations of the country’s leading private producer of prefabricated steel products Tashkent Pipe Plant (TPP).