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Dilnoza Rahimova
tafs uz · Economy

Dilnoza Rahimova

Dilnoza Rahimova — tafs uz coverage of economy. News, key facts and context in English, Uzbek and Russian.

Editorial pseudonym. These names are tafs uz editorial pseudonyms. Portraits are illustrations; profiles identify the publication’s topic bylines rather than individual journalists’ biographies. The tafs uz editorial desk is responsible for the publications.

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136 stories

Economy

IMF Bangkok meetings week in review: battling crises and the AI boom, praise for the UK and the 'second China shock'

BBC economics editor Faisal Islam summed up the annual IMF meetings in Bangkok: the global economy is being pulled in different directions by an energy shock, trade conflicts and war on one side, and massive AI investment on the other. The IMF called the UK a 'model pupil', and Chancellor John Healey linked strong growth data to AI investment. A separate theme was the 'second China shock' in electric vehicles and the UK's rapprochement with the EU.

Dilnoza Rahimova
4 min read
Economy

Shavkat Mirziyoyev held meetings with fuel and energy sector investors as part of the investors' council

President of Uzbekistan Shavkat Mirziyoyev, as part of the first meeting of the fuel and energy sector investors' council, received delegations from Saudi ACWA Power led by Muhammad Abunayyan, Cengiz Holding led by Mehmet Cengiz, as well as the leadership of SOCAR and British Petroleum. The discussions covered expanding cooperation, green energy, infrastructure, construction of thermal power plants, and modernization of power grids.

Dilnoza Rahimova
2 min read
Economy

UN IFAD chief warns of looming global food crisis amid energy shock

Rising energy and fertilizer prices due to the Middle East conflict drove a 13% jump in global food prices in the third quarter, said International Fund for Agricultural Development (IFAD) President Alvaro Lario. He forecasts further food price increases over the next 6–9 months and calls for long-term resilience measures.

Dilnoza Rahimova
3 min read
Economy

Uzbekistan signs $4.7 billion energy agreements and announces two more nuclear power plants

Six energy agreements worth $4.7 billion were signed in Tashkent with the participation of ACWA Power, EDF, Toyota Tsusho and other companies — 3,000 MW of generation and 400 MW of storage. President Shavkat Mirziyoyev announced plans for a second and third nuclear power plant after construction began on the first one with Rosatom in the Jizzakh region. By 2030, the country intends to add 22 GW of capacity and raise the share of renewables to 54%.

Dilnoza Rahimova
4 min read
Economy

Uzbekistan to offer investors 128 oil and gas blocks with reserves of 5.8 trillion cubic meters of gas

At an open dialogue with fuel and energy sector investors on October 16, Shavkat Mirziyoyev announced the preparation of 128 investment blocks with estimated gas reserves of 5.8 trillion cubic meters and liquid hydrocarbons of 560 million tons. Also discussed were deep gas processing, reform of the liquefied gas market, and personnel training.

Dilnoza Rahimova
2 min read
Economy

KAPITAL SUG‘URTA announced the results of three years of operation: payouts exceeded 404 billion soums

The insurance company KAPITAL SUG‘URTA presented its performance results for 2024–2026. According to the company, over this period more than 404.25 billion soums in insurance indemnities were paid to clients, over 200 jobs were created in the regions, and more than 56.7 billion soums in taxes were transferred to the budget. The company also reported the digitalization of its services.

Dilnoza Rahimova
2 min read
Economy

Global markets rise on tech stock recovery despite record US producer inflation

On Thursday, global markets traded positively: technology stocks recovered after the previous day's decline, and US Treasury yields fell. US PPI in September rose 1.3% month-on-month and 6.3% year-on-year — the highest since 2022 — reinforcing concerns about a possible Fed rate hike. Retail sales beat expectations (+0.8%). Asian indices rose notably, while European and American ones were mostly in positive territory.

Dilnoza Rahimova
3 min read
Economy

Turkey's exports to BRICS countries exceeded $18.2 billion in January–September

According to the Turkish Exporters Assembly (TIM), Turkey's exports to ten BRICS countries in the first nine months of the year amounted to $18.2 billion. The largest destination was Russia ($4.1 billion, −2.5%), followed by the UAE ($3.3 billion), Egypt ($3.1 billion, +28.6%) and China ($3 billion, +40.8%). Overall Turkish exports grew by 5.2% to $210.9 billion.

Dilnoza Rahimova
2 min read
Economy

Shavkat Mirziyoyev announces creation of an Investors' Council in the fuel and energy sector headed by Saida Mirziyoyeva

On October 16, at an open dialogue with energy investors, President of Uzbekistan Shavkat Mirziyoyev announced the creation of an Investors' Council in the fuel and energy sector. It will be headed by the Head of the Presidential Administration Saida Mirziyoyeva. The Council will promptly resolve investors' issues — from land allocation to commissioning of facilities. Its powers, composition and working procedures have not yet been disclosed.

Dilnoza Rahimova
2 min read
Economy

Uzbekistan to build 5,000 km of power grids and 16 substations by 2030 and develop an energy master plan through 2050

At an open dialogue with fuel and energy sector investors on 16 October, Shavkat Mirziyoyev announced the construction of 5,000 km of power grids and 16 substations by 2030, expansion of energy storage capacity to 4.5 GW, development of a National Energy Master Plan through 2050, dedicated sites for data centers, and exports of 'green' energy to Europe via the Caspian Sea.

Dilnoza Rahimova
4 min read
Economy

Fed Chair Kevin Warsh surprised by global economy's resilience and gave no signals about the next rate hike

Speaking at the annual IMF and World Bank meetings in Bangkok, Fed Chair Kevin Warsh reaffirmed his commitment to price stability but declined to prejudge rate decisions for October and December. He noted the unexpected resilience of the global economy, an investment boom in the US, and called AI the biggest economic transformation, which is so far boosting demand and inflation.

Dilnoza Rahimova
5 min read
Economy

Uzbekistan to offer investors 128 oil and gas blocks with resources of 5.8 trillion cubic meters of gas

President Shavkat Mirziyoyev, at a dialogue with fuel and energy sector investors on October 16, announced plans to offer foreign companies 128 new oil and gas blocks with a preliminary resource estimate of 5.8 trillion cubic meters of gas and 560 million tons of liquid hydrocarbons. Currently, SOCAR and BP are conducting geological exploration at six blocks in the Ustyurt region.

Dilnoza Rahimova
2 min read
Economy

Uzbekistan to put 6 solar and wind power plant projects with a total capacity of 2,200 MW up for tender

President Shavkat Mirziyoyev, at an open dialogue with fuel and energy sector investors, announced a transition to a new procedure for selecting energy projects: ready-made projects will be put up for open tender with pre-announced sites, grid connection points and purchase terms. The first to go to tender will be six solar and wind power plants with a total capacity of 2,200 MW. A National energy development master plan up to 2050 will also be developed.

Dilnoza Rahimova
3 min read
Economy

Uzbekistan Discusses Fees for Topping Up Cards with Cash: Central Bank and Economists' Position

At a round table held at the Central Bank of Uzbekistan on October 15, fees in financial services were discussed, including charges for depositing cash onto a card. Economist Otabek Bakirov noted that foreign banks do not charge for topping up their own accounts. A representative of Naran Bank reported: topping up via ADM devices is free for its own clients, and 0.4% for clients of other banks.

Dilnoza Rahimova
2 min read