News about loan: events, facts and developments on tafs uz.
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The draft statement for the EU–Canada summit in Montreal on October 29–30 contains an unagreed provision on Ottawa joining the €90 billion loan program for 2026–2027. Canada has not yet given final consent, and the size of its contribution has not been determined.
Otabek YusupovHungary, the Czech Republic and Slovakia are asking to be released from financial guarantees under the EU's new loan to Ukraine, drawing criticism from Germany. Bulgaria has joined them, although it previously took part in the €90 billion loan. The dispute is complicating negotiations on the EU's long-term budget.
Aziz KarimovThe Asian Development Bank will provide Uzbekistan with a $200 million loan to modernize the electricity distribution system. The agreement was signed on October 15 in Bangkok. Under the program, 60 substations will be reconstructed, digital management systems will be introduced, and conditions will be created for connecting at least 3.3 GW of renewable energy.
Dilnoza RahimovaUzbekistan and the ADB signed a $200 million loan agreement to modernize electricity distribution networks: upgrading 60 substations, digital management systems, reducing losses and emissions, and integrating at least 3.3 GW of renewable energy. The project became the ADB's first energy project under the mutual reliance mechanism with the World Bank. Later in October, the World Bank will consider additional financing of $100 million.
Dilnoza Rahimova
