Uzbekistan, ADB Discuss Dev't Of Green Transition And Growth
Date
10/4/2024 3:10:44 PM
(MENAFN- Trend News Agency)
TASHKENT, Uzbekistan, October 4. Uzbekistan's
Ministry of Economy and Finance and representatives of the Asian
Development bank (ADB) discussed development of green transition
and green growth within the framework of the Country Diagnostic
Study of Uzbekistan, Trend reports.
The news followed a meeting between representatives of the
Ministry's Green Economy Development Department and ADB's Regional
Lead Economist Kiyoshi Taniguchi with Regional Cooperation
Specialist Begzod Djalilov.
During the meeting, the sides reviewed the possibilities of
attracting modern technologies into state-owned enterprises and
implementing projects within the framework of the Japanese Joint
Crediting Mechanism in order to reduce the emission of greenhouse
gases in the country.
In addition, Kiyoshi Taniguchi gave information about the
actions being carried out within the framework of the Country
Diagnostic Study of Uzbekistan, which is being developed by the
Asian Development Bank in cooperation with respective ministries
and agencies. This study focuses on analyzing and developing the
current state of macroeconomic stability, green growth financing,
agricultural development and food security policy, private sector
development, investment in education and human capital, regional
cooperation and integration, and covers recommendations on these
issues.
Meanwhile, the ADB has revised its growth forecast for
Uzbekistan, projecting a 6 percent increase in gross domestic
product (GDP) in 2024.
Uzbekistan's GDP growth is expected to reach 6.2 percent in
2025, up from an earlier projection of 5.6 percent.
MENAFN04102024000187011040ID1108747831
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.