Uzbekistan names measures to ensure economic growth in 2H2021

Uzbekistan names measures to ensure economic growth in 2H2021

BAKU, Azerbaijan, August 14

By Klavdiya Romakayeva - Trend:

An important factor in achieving economic growth in Uzbekistan is the production in the second half of the year of industrial products worth 86 trillion soums ($8 billion) at large enterprises and 142 trillion soums ($413 billion) in the regions, Trend reports citing press service of the president of Uzbekistan.

The mentioned issues was discussed during video conference by the President of Uzbekistan Shavkat Mirziyoyev on the analysis of economic results for the first half of the year and measures to ensure sustainable economic growth in regions and industries by the end of this year.

It was noted that by the end of 2021, the textile industry in Uzbekistan can manufacture products worth more than 15 trillion soums ($1.4 billion) and export products worth $1.7 billion. Or, in the electrical industry, exports could be increased to $348 million, and in the leather industry - to $251 million.

It was noted that over the past five years, more than 30 decrees and resolutions of the President Shavkat Mirziyoyev on comprehensive support and development of agriculture have been adopted.

In particular, additional land areas have been put into circulation, subsidies have been allocated. The cluster system has been introduced in all sectors of agriculture. In this year alone, more than six trillion soums ($564 million) of loans were allocated to clusters.

However, the president noted the performance in this area does not meet expectations, there are many unused opportunities.

In particular, the volume of agricultural production in the Karakalpakstan Republic, Bukhara, Kashkadarya, Samarkand, Khorezm and Tashkent regions remained at the level of last year. Plant production declined.

In addition, yield indicators remain unchanged, and for some types of products its decrease is observed. Also, an unsatisfactory level of work in the spheres of animal husbandry and poultry farming was noted.

Mirziyoyev stressed that the population's demand for food is growing, and to meet it, it is necessary to increase production volumes.

Furthermore, on May 11 this year, the president adopted a resolution on measures to accelerate the development of the service sector, which contributed to the implementation of projects to expand the range and improve the quality of services in the regions.

For the development of the sphere at the first stage, 1.6 trillion soums ($150 million) were allocated to seven commercial banks. Thanks to this, 2,400 projects have been launched in the regions.

As a result, the volume of services compared to the first half of 2020 increased by more than 18 percent. High growth was recorded in the Syrdarya, Andijan, Bukhara, Khorezm, Surkhandarya, Fergana regions and Tashkent.

---

Follow the author on Twitter: @romakayeva

Subscribe to Trend in Google News! Subscribe
Turkey reveals its total cargo traffic for 9M2021
Turkey reveals its total cargo traffic for 9M2021
Turkey reveals cargo volume handled from Tunisia in 8M2021
Turkey reveals cargo volume handled from Tunisia in 8M2021
Iran sees increase in Turkish steel imports for 9M2021
Iran sees increase in Turkish steel imports for 9M2021
Loading Bars
Latest
Iran reveals COVID-19 data for October 20
AccessBank to consider possibility of increasing its capital by end-2021
AccessBank projects slight increase in cost of manat resources
Georgia's knitwear exports to Turkey increase
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan to reduce oil production in 2022, says IMF
Georgia’s trade turnover with Turkey increases
Azerbaijan confirms 2,303 more COVID-19 cases, 1,010 recoveries
Iran sees increase in exports to Turkmenistan
IMF expects Azerbaijan’s gas output, export to rise in 2022
Saudi energy minister sees demand from gas-to-oil switch at up to 600,000 bpd
Azerbaijan boosts production of building materials
NATO is committed to Georgia’s Euro-Atlantic aspirations - Special Representative
Kremlin says direct contacts with Taliban needed to comprehend developments in Afghanistan
Baker Hughes posts Q3 profit as drilling demand returns
Bulgaria seeks grant financing for gas storage expansion
Turkmenistan joins "Turkic.World" project
Turkmenistan, Turkish 'RÖNESANS Holding' discuss further co-op in construction sector
Iran’s PMO implementing plans on shipbuilding
Azerbaijan's oil exports to Turkey for 9M2021 revealed
Turkmenistan preparing to take part in UN Climate Change Conference
Iran allocates more bank advances to various sectors of economy
Shipping Association of Iran talks cargo transportation to China
Azerbaijan to complete construction of Khudaferin, Giz Galasi HPPs in several years
Iran looks to expand oil ties with Venezuela
300 km of overhead, cable lines laid in Azerbaijan’s liberated territories - minister
Azerbaijan plans to fully provide liberated territories with electricity by end-2021
Iran eyes increasing investment in renewable energy
Iran’s East Oil & Gas Production Company increases extraction
Azerbaijan’s 9M2021 oil export to India revealed
Kazakhstan announces date of moving from external deficit to surplus zone
Azerbaijan cuts food imports
Azerbaijan purchases de-mining equipment from Croatia – Azerbaijani FM
Honey from Azerbaijan's liberated Kalbajar, Lachin delivered to Baku fair (PHOTO)
Kazakh Parliament approves bill "On state budget for 2022-2024"
Azerbaijan - strategic partner of Croatia, FM Gordan Grlić-Radman says
Iran boosts exports of metal products
Armenia must take effective steps to open communications – Azerbaijani FM
Russia records over 34,000 COVID-19 cases in past 24 hours
Croatian companies may partake in restoration of Azerbaijan's liberated areas
Azerbaijan discloses volume of chemical products output for 9M2021
Kazakhstan’s National Bank to continue its policy aimed at ensuring price stability
Azerbaijan, Croatia agree to hold political consultations – Azerbaijani FM
Azerbaijan, Croatia working on coordination of several documents – Azerbaijani FM
Georgia simplifies travel regulations for Azerbaijan
Georgia's TOP-5 imported goods in 9M2021
Georgia shares data on most exported products in 9M2021
Tips for Retailer — How to Increase Profits and Save Millions with a Cash Register System?
Delegation from Taliban arrives for Moscow-format talks
Kazakhstan records significant decline in poverty rate
bp completes maintenance on Chirag platform ahead of schedule
Telco Partner entering electricity supply
French express parcel firm Geopost acquires 20.15% stake in Dubai's Aramex
UK's Burberry poaches Versace boss Akeroyd as CEO
Kazakhstan approves bill on guaranteed transfers from National Fund
Croatia shows great interest in deepening ties with Azerbaijan - FM (PHOTOS)
FMs of Azerbaijan, Croatia hold expanded meeting in Baku (PHOTO)
Azerbaijan's Energy Ministry presents "green energy" dev't concept
Azerbaijani First VP Mehriban Aliyeva shares footages from meeting with former IDPs from Fuzuli (VIDEO)
Turkey reveals its total cargo traffic for 9M2021
Georgia shares data on COVID-19 cases for October 20
Azerbaijan sees rise in cost of cargo transportation by road
Azerbaijani State Security Service's chief meets with VP of ICRC
Iranian currency rates for October 20
Azerbaijan deputy minister talks number of precious metal deposits in liberated territories
Turkmenistan, LUKOIL talk dev’t of hydrocarbon resources of Caspian Sea region
Azerbaijani oil prices increase
Azerbaijan's revenues from mobile communication services up in 9M2021
Turkmenistan to launch "single window" system for export-import operations
Azerbaijani ambassador presents his credentials to King of Belgium
Turkey reveals cargo volume handled from Tunisia in 8M2021
UN launches number of specialized services in Turkmenistan
Amazon lowers threshold for free delivery to Israel
Azerbaijan provides broadcasting of TV, radio channels in liberated Zangilan (PHOTO)
AutoStore, Norway's biggest IPO in two decades, valued at $12.4 bln
Facebook plans to change its name
Kyrgyzstan administers 13,249 vaccines over past day
Iran sees increase in Turkish steel imports for 9M2021
Turkey discloses cargo traffic via local ports from Malta in 8M2021
Georgia ready to develop, deepen strategic partnership with Azerbaijan – PM
Azerbaijan eyes applying Generic Statistical Business Process Model
Explosion destroys army bus in central Damascus
Oil dips as China considers intervention to ease coal crunch
Expert explains why Turkish products in Baku don't fall in price amid devaluation of lira
Azerbaijan, Slovakia ink new deal on economic co-op (PHOTO)
Olympic flame arrives in China for Beijing 2022 Winter Games
Explosion heard in Afghanistan's Kabul
1,683 more COVID-19 cases reported in Kazakhstan
UNICEF to help Turkmenistan increase emergency preparedness
COVID-19 cases worldwide down 4%, deaths down 2% in past week — WHO
UN Security Council to talk North Korea's missile test
U.S. remains prepared to engage with DPRK after missile test: White House
UK foreign minister to visit Saudi Arabia, Qatar
Israel detects 1st case of COVID-19 Delta variant "AY4.2"
Bomb threat issued in Washington DC
U.S. secretary of homeland security tests positive for COVID-19 after full vaccination
North Korea confirms it launched SLBM
Israel says Abu Dhabi crown prince invites Israeli PM for 1st official visit
Volkswagen executive sees global chip shortage running well into 2022
Azerbaijani Foreign Ministry shares Tweet marking anniversary of liberation of Zangilan (PHOTO)
All news