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  • The Republic of Uzbekistan inaugural US$1bn Dual-Tranche 144a/Reg S Bond Offering

    The Republic of Uzbekistan inaugural US$1bn Dual-Tranche 144a/Reg S Bond Offering

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  • Information on the international interactive meeting on ICT and quality of service in the social security

    Information on the international interactive meeting on ICT and quality of service in the social security

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  • Video conference with representatives of the Federal Tax Service of the Russian Federation

    Video conference with representatives of the Federal Tax Service of the Russian Federation

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  • IUT and ITC of the Ministry of Finance sign Memorandum of Cooperation

    IUT and ITC of the Ministry of Finance sign Memorandum of Cooperation

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  • Next qualification examination on certification (extension) of the auditor qualification will be held on 6-7 February, 2019

    Next qualification examination on certification (extension) of the auditor qualification will be held on 6-7 February, 2019

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  • MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN ANNOUNCES JOB CONTEST FOR THE POSITION MANAGER BASED ON PERSONNEL

    MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN ANNOUNCES JOB CONTEST FOR THE POSITION MANAGER BASED ON PERSONNEL

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  • MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN ANNOUNCES JOB CONTEST FOR THE POSITION DEPUTY MINISTER TO ENHANCE PERSONNEL RESERVE

    MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN ANNOUNCES JOB CONTEST FOR THE POSITION DEPUTY MINISTER TO ENHANCE PERSONNEL RESE…

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  • PRESS RELEASE

    PRESS RELEASE

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  • RECEPTION TELEPHONE NUMBER OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN

    RECEPTION TELEPHONE NUMBER OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF UZBEKISTAN

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  1. NEWS OF THE MINISTRY
  2. NEWS OF UZBEKISTAN
  3. TENDERS AND COMPETITIONS
  • The Republic of Uzbekistan inaugural US$1bn Dual-Tranche 144a/Reg S Bond Offering

    217 times 14 February,2019

    Concrete

    14 February 2019

    PRESS RELEASE

    Following an extensive marketing exercise in New York, Boston and London, the Republic of Uzbekistan (acting through the Ministry of Finance of the Republic of Uzbekistan) successfully priced its inaugural US$1 billion dual-tranche bond offering on 13 February 2019. The 144A / Reg S offering was formed by a dual US$500mm 4.750% tranche due February 2024 and a US$500mm 5.375% due February 2029.

    The strong orderbook response peaked in excess of ~ US$8.5bn, allowing the Republic to proceed with a firm price revision and launch the transaction at 4.750% and 5.375% yield for the 5-year and 10-year tranches respectively (down from initial price thoughts of 5.375% area and 6.000% area). 

    The issue was heavily oversubscribed and well diversified, as final books stood at US$3.8bn, with around 150 institutional investor orders. In terms of geographical distribution, the 5- and 10-year tranches saw UK investors taking 39% and 32% respectively, whilst US investors had 23% and 31%, Continental European 32% and 27%; and Asian & MENA investors took the remaining 6% and 10% respectively.

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  • ACHIEVED AGREEMENTS ON THE RESULTS OF PARTICIPATION IN THE INTERNATIONAL INTERACTIVE WORKSHOP-MEETING

    176 times 13 February,2019

    Concrete

    To provide citizens with the opportunity to reduce financial and time costs during the confirmation of the labor period, a very important step is the use of electronic communication channels. In this regard, during the participation of representatives of the Ministry of Finance of the Republic of Uzbekistan at the International Interactive Workshop on Information and Communication Technologies and Quality of Service in Social Security, an agreement was reached between the off-budget Pension Fund under the Ministry of Finance of the Republic of Uzbekistan and the Pension Fund of the Russian Federation on the transition to electronic interaction of transmission and receipt of requests for confirmation of work experience of citizens through official channels with tie.

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  • TERMINATION OF THE LICENSE OF THE AUDIT ORGANIZATION "IFAT-AUDIT" IN THE FORM LLC

    76 times 12 February,2019

    In accordance with the Order of the Ministry of Finance of the Republic of Uzbekistan dated February 1, 2019 # 365-af, the license of the audit organization IFAT-AUDIT in the form of LLC # 00205 dated February 22, 2008 terminated from January 25, 2019.

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  • Information on the international interactive meeting on ICT and quality of service in the social security

    162 times 12 February,2019

    Concrete

    Representatives of the Pension Fund under the Ministry of Finance and the IT Center of the Ministry of Finance participate in the International Interactive Workshop on ICT and Quality of Social Security Services organized by the Pension Fund of the Russian Federation and the International Social Security Association with the support of the Ministry of Labor and Social Protection of the Russian Federation.

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  • Objectives of increasing exports in industries and regions are defined

    228 times 7 February,2019

    Concrete

    On February 6, a meeting dedicated to the most important tasks of increasing exports in industries and regions was held under the chairmanship of the President of the Republic of Uzbekistan Shavkat Mirziyoyev.

    The meeting was attended by the Prime Minister and his deputies, heads of ministries and agencies, as well as the leadership of the Republic of Karakalpakstan, the city of Tashkent and regions, representatives of large companies and ambassadors via videoconferencing.

    Export is an important factor in stability of the economy. A sharp increase in exports is the only way to increase foreign exchange reserves.

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  • Execution of roadmaps for cooperation with foreign countries is considered

    238 times 5 February,2019

    Concrete

    On February 4, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting on the issues of further expanding bilateral cooperation with Germany, France, India and the United Arab Emirates, in particular, ensuring unconditional implementation of the adopted roadmaps.

    Investment is the main driving force of economic development. Therefore, this issue is in the center of constant attention of the Head of the state. 2019 was declared in Uzbekistan as the Year of Active Investments and Social Development. The Ministry for Investments and Foreign Trade of the Republic of Uzbekistan was established to improve the efficiency of activities in this direction.

    At the meeting it was noted that certain activity has been implemented on business development and creating jobs through attracting investment in domestic economy, but this is still not enough.

    There are not enough investment personnel. Activity with investors needs to be improved, the existing infrastructure should be developed. Therefore, we still have much to do in this sphere, to learn a lot. The country will not develop without foreign investment, said Shavkat Mirziyoyev.

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  • Shavkat Mirziyoyev became acquainted with Mirzachul Tex company’s activities

    291 times 31 January,2019

    Concrete

    The project of this enterprise is implemented in three stages. The first stage was put into operation in December 2018. 100 sewing enterprises from China and Turkey were installed. More than 70 women are employed here.

    At the second stage of the project, it is planned to start production of denim with creation of 240 jobs. The third stage envisages yarn production. It is planned that the company will reach full capacity by 2021, which will create about 800 jobs.

    Shavkat Mirziyoyev gave important instructions on development of enterprise’s activities. The President noted the need for paying constant attention to ensuring employment of women.

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  • Effectiveness of measures on liberalizing the economy and foreign exchange market

    299 times 30 January,2019

    Concrete

    On January 29, the President of the Republic of Uzbekistan Shavkat Mirziyoyev held a meeting on the analysis of effectiveness of measures taken in Uzbekistan to improve monetary policy and foreign trade.

    At the meeting it was noted that limitations and problems associated with free purchase and sale of currency, which were a serious obstacle to development of the economy and activities of entrepreneurs were eliminated in Uzbekistan. If before, when there was a requirement for mandatory sale of export earnings part, the use of foreign exchange earnings from exports in the domestic market amounted to 30 percent, then after the cancellation of such conditions, this figure reached 61 percent.

    As a result, organizations became able to purchase necessary raw materials and equipment for them, provide current and investment needs. Last year, the volume of industrial production grew by 14.4 percent, export earnings by 19 percent, the volume of currency sold by exporters to banks increased 1.9 times.

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    ‘Fors Europe Ltd’ company is admitted as a winner

    2842 times 25 April,2017

    The Ministry of Finance of the Republic of Uzbekistan informs that according to the results of the selection for technical support delivery for Oracle software, ‘Fors Europe Ltd’ company is admitted as a winner.

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  • Written by

    INVITATION

    2648 times 31 March,2017

    The Ministry of Finance of the Republic of Uzbekistan invites bidders on  technical support for Oracle software.

    Deadline for Submission: 15  April 2017, 18:00 p.m. (Tashkent Time)

    For more information apply to address: Tashkent city, 5, Mustakillik Sq., ph. 239-15-31.

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    Information on vacancies

    6400 times 21 February,2017

    The Republic of Uzbekistan has received financing from the World Bank for the Regional Road Development project of local importance, and intends to send a portion of these funds for the payment of goods, works and consulting services to be procured under the project.

    Position Title: Bridge Engineer
    Country:         Uzbekistan

    Minimum Requirements:

    • University degree in Construction or road engineering; in economics and project management;
    • Work experience (5 years and more) in this specialization, including experience in the investment projects financed by international financial institutions.

    Personal qualities: ability to clearly explain the idea of the plan and drawings, to analyze information and evaluate solutions, confident decision-making, excellent organizational, communication and management skills, the ability to manage and lead the team, logical thinking and ability to cooperate with others, the ability to work with medium budget and timing, good team work, a thorough knowledge of the local legislation.

    Preferred Qualifications:      

    1. Knowledge of Uzbek, Russian and English;
    2. Higher education in the construction and road engineering;
    3. Work experience (3 years and more) in international organizations, mainly in projects of the reconstruction / rehabilitation of roads and artificial structures, knowledge of FIDIC standards and local legislation on the regulation of road construction;
    4. The certificates / licenses for supervising the road construction and engineering structures, as well as the possession of special knowledge on the application of standards AASHTO, BS;
    5. Good computer skills, knowledge of Microsoft Office applications;
    6. Good knowledge of written and spoken English is an advantage.

    Project realization period: 2016 - 2021.

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  • Written by

    Information on open biddings (tenders) held by the Republican Road Fund planned for realization in 2017 of construction and installation work of roads located on the territory of the Republic of Uzbekistan

    10557 times 9 December,2016

    0.3MB /  0.01MB / 0.05MB /

    Name of the project or activities

    Project capacity (km)

    Terms of realization

    Announcement in the media about the tender for construction and installation work

    1.

    Reconstruction of the highway A-380 ‘Guzar-Bukhara-Nukus-Beyneu’ with transferring from a two-lane asphalt road to the four-concrete slabs on a plot of 228-315 km (Phase 3)

    87

    2017-2019

    Q1

    2017

    2.

    Reconstruction of the road ‘Karshi-Shahrisabz-Kitob’ (Phase 4)

    77

    2017-2020

    Q1

    2017

    3.

    Construction and installation work on the highway section М39, (1410-1426 km)

    16

    2017-2019

    Q3

    2017

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