Browsing documents with the theme of Uzbekistan
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Technology Series – Central Asia: Middle Earth is switching on
This is the fourth in a series of introductions to Smart City programs which have been launched, or which are planned, across the CIS-Eurasia region. Other reports in the series look separately at programs in Belarus, Ukraine, the Caucasus and Russia. These reports aim only to provide an overview of existing smart city and technology projects and of current and future State plans for developing “e-” and technology projects in each of the countries across the region.
Uzbekistan Update: The newest investment frontier
Waiting for a debut Eurobond. Uzbekistan will issue a debut Eurobond very quickly, once it receives an international credit rating. The process of getting a rating is ongoing and ministers hope it will be completed by the autumn and a debt issue done by the year-end.Possibly US$1 bln issue. The size range indication is US$300 mln to US$1 bln. Neighboring Tajikistan successfully raised US$500 mln last year but US$1 bln would suit Uzbekistan much better. It is on a fast-track reform path and would probably like to make a strong statement on international markets to reflect this.
Uzbekistan Agriculture: Reforms pave way for rapid growth
Important sector. Agriculture accounts for 19% of GDP and 27% of the workforce in Uzbekistan. The sector has been growing at some 6-7% (official figures) per year for the past decade or so.
Large market, strategic position. Uzbekistan has a population of 30 million, the largest in the region, and, as it moves out of isolation, may develop aspirations to become a regional leader in Central Asia.
Transcript of Macro-Advisory’s 2017 Autumn Briefing
Speaker: Dmitry Pankin, Chairman of the Management Board, Eurasian Development Bank
Mr Pankin spoke about developments in the Eurasian Economic Union, sanctions, and the One Belt, One Road project.
Russia Macro: Is Moscow facing a winter of “content”? – October 2017
Another good month. GDP growth was 2.3% in August, up from 1.8% in July. This came from good performances in industry and agriculture, and continuing recovery in the consumer sector. Construction is also strong, up 6.1% in August.
Russia Macro Monthly: How long will the positive momentum last? – September 2017
Recovery strengthens. Rosstat reported 1H GDP growth of 1.5% and Q2 at 2.7%. The question is whether 2Q was a one-off or a new trend. Confidence numbers suggest recovery has peaked. Official business confidence numbers fell from -1 to -2 in July. The PMI manufacturing index fell, indicating there is still growth, but at a slower rate.
Uzbekistan: Playing catch-up is neither a sprint nor a marathon
Uzbekistan is playing catch-up with the rest of the CIS and Eurasia after 25 years of isolation. President Mirziyoyev and his team have moved surprisingly quickly with some key changes that should yield a positive knee-jerk reaction from investors. But the “to-do” list remains long and daunting.