Sat, Jul 5th, 2025
  • facebook
  • twitter
  • youtube
  • instagram
  • HOME
  • BUSINESS
  • POLITICS
  • ECONOMY
  • COUNTRIES
    • Caucasus
      • Armenia
      • Azerbaijan
      • Georgia
    • Central Asia
      • Kazakhstan
      • Kyrgyzstan
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • Eastern Europe
      • Belarus
      • Moldova
      • Ukraine
    • Russia
  • OPINION
  • LIFESTYLE
  • FOCUS
The Tribune Logo
  • HOME
  • BUSINESS
  • POLITICS
  • ECONOMY
  • COUNTRIES
    • Caucasus
      • Armenia
      • Azerbaijan
      • Georgia
    • Central Asia
      • Kazakhstan
      • Kyrgyzstan
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • Eastern Europe
      • Belarus
      • Moldova
      • Ukraine
    • Russia
  • OPINION
  • LIFESTYLE
  • FOCUS
Sat, Jul 5th, 2025
  • HOME
  • BUSINESS
  • POLITICS
  • ECONOMY
  • COUNTRIES
    • Caucasus
      • Armenia
      • Azerbaijan
      • Georgia
    • Central Asia
      • Kazakhstan
      • Kyrgyzstan
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • Eastern Europe
      • Belarus
      • Moldova
      • Ukraine
    • Russia
  • OPINION
  • LIFESTYLE
  • FOCUS
  • HOME
  • BUSINESS
  • POLITICS
  • ECONOMY
  • COUNTRIES
    • Caucasus
      • Armenia
      • Azerbaijan
      • Georgia
    • Central Asia
      • Kazakhstan
      • Kyrgyzstan
      • Tajikistan
      • Turkmenistan
      • Uzbekistan
    • Eastern Europe
      • Belarus
      • Moldova
      • Ukraine
    • Russia
  • OPINION
  • LIFESTYLE
  • FOCUS
ECONOMY
- Uzbekistan
Uzbekistan seeks 146 mln euros in foreign loans to improve irrigation in southern regions
Alamy

TASHKENT

Uzbekistan’s Shavkat Mirziyoyev has urged the government to attract 146 million euro worth of foreign loans to modernise outworn water pumping stations in Surkhandarya, Kashkadarya, Samarkand, Navoi and Bukhara regions amid increased water shortages and drought.

The Central Asian nation, which has the largest agricultural industry in the region, has in recent years lost 80,000 hectares of irrigated land due to obsolete water pumping stations, Uzbekistan’s president told the government meeting.

The water supply also deteriorated on 607,000 hectares of irrigated land. The country needs at least 700 million euro worth of funds to modernise the whole irrigation facilities.

The initial project to be implemented by the end of the year should return 40,000 hectares of land into circulation and improve water supply on 315,000 hectares.

“Through the introduction of water-saving technologies on the lands covered by the project, we could reduce water consumption by 40 percent and put an additional 20,000 hectares of land into use,” Mirziyoyev said.

Uzbekistan, a country of 35 million people, is reforming its economy to meet the demand of a growing population and an often outdated infrastructure that’s becoming increasingly inefficient and expensive to run. About a fifth of Uzbekistan’s labour force is employed in agriculture. The sector makes up a quarter of its gross domestic product and provides a sizeable share – almost 10 percent in 2019 – of its export revenue. Uzbekistan’s principal crops are cotton and grain, but the government’s decision to scrap quotas and price controls means production is shifting towards higher-value cultivation such as fruit and vegetables.

Uzbekistan, the world’s 8th largest cotton producer and the 11th largest exporter, produced 3.8 million tonnes of cotton in 2020 in over 1,3 million hectares of land.

Jul 23, 2021

DATA SNAPSHOT

BANKS
- Azerbaijan
Fitch affirms Azerbaijan’s Expressbank at ‘B’, outlook Stable
TRADE
- Uzbekistan
Uzbekistan’s foreign trade turnover at $13.15 bln in Q1, 2022
ECONOMY
- Belarus
Belarus inflation up 15.9% yr/yr in March-Statistics Committee
ECONOMY
- Georgia
Remittances to Georgia rise 3% yr/yr to $193 mln in March-central bank
THE TRIBUNE
- Eurasia
The Tribune suspends publication
HEALTH
- Covid-19
COVID-19 Eurasia Roundup
The Tribune keeps you up-to-date with the latest vaccines and infection data across the region.
OPINION
- Kazakhstan
OPINION-Kazakhstan’s Reforms Should Be More Than Just Show-FOREIGNPOLICY
  • facebook
  • twitter
  • youtube
  • instagram
  • Privacy Policy
  • Cookie Policy
  • About Us
  • Contact Us
NEWSLETTER

I have read the privacy policy and consent to the storage of my data in your archive.

© 2021 thetribune.com All rights reserved.