|CBU Currency of 20.02.2018|
|www.cbu.uz||USD = 8182.73|
|EUR = 10158.9|
|RUB = 145.1|
Uzbek President Shavkat Mirziyoyev signed a resolution “On the program of measures for further development of renewable energy, improving energy efficiency in economic and social spheres for 2017-2021” on 27 May 2017.
The resolution was adopted to reduce the energy intensity in the gross domestic product and cost of production and to expand the use of energy from renewable sources in economic and social sectors for 2017-2021.
Uzbekistan plans to diversify the fuel balance through renewable energy sources, replacing them with traditional fuels and reducing their share in production of electricity and heat.
Long-term programs will be implemented to reduce the energy intensity of production in the sectors of the economy, and improve the environmental situation in industrial activity areas.
Uzbek leader approved targeted parameters on further development of renewable energy, which envisages to increase share of renewable energy in structure of generating capacities from 12.7% to 19.7% by 2025, including hydro power from 12.7% to 15.8%, solar energy – to 2.3% and wind energy to 1.6%.
President of Uzbekistan approved implementation of 810 projects for development of renewable energy for a total sum of US$5.3 billion in 2017-2025.
Mirziyoyev approved the target parameters for reducing the energy intensity of production in basic sectors of economy for 2017-2021, where 25 large enterprises and organizations set forecasts for reducing specific energy consumption rates for industrial production.
It is also planned to replace 17,250 heating boilers in 6,330 budget organizations of the Ministry of Public Education, Ministry of Healthcare and Center for secondary special and professional education.
In 2017-2021, Uzbekistan will replace 879 pumps and 1,523 electric motors in water management organizations of the Ministry of Agriculture and Water Resources. This will save 807.3 million kilowatt-hours of electricity.
It is planned to direct over 314.1 billion soums of budget resources to these projects and measures in 2017-2021.
Uzbekistan and South Korea discuss trade and economic relations.02 February 2018
The World Bank allocates US$500 million to support horticulture sector development in Uzbekistan.14 January 2018
Exports of Uzbekistan reach US$13.9 billion in 2017.14 January 2018
Uzbekistan’s GDP grew by 5.3% in 2017.06 January 2018
Financial Times: Uzbekistan is one of leaders on improving business climate.16 December 2017
Uzbekistan and Kyrgyzstan intend to bring trade turnover up to US$500mln.