TASHKENT Uzbekistan’s growth is expected to slow in 2022 due to lower investment and remittances from the Russian Federation before rising slightly in 2023, while green financing can support the country’s transition to a greener economy, a new Asia
Uzbekistan’s growth is expected to slow in 2022 due to lower investment and remittances from the Russian Federation before rising slightly in 2023, while green financing can support the country’s transition to a greener economy.
The Asian Development Bank and Anglesey Food Foreign Enterprise LLC (Korzinka) have signed $12 million in debt financing to promote food security and sustain the livelihoods of more than 4,400 employees and 1,200 farm workers in Uzbekistan.
“We are very pleased to partner up with the ADB and use this facility to secure a stable supply chain from local farmers to serve our customers throughout Uzbekistan,” Korzinka Chief Executive Officer Zafar Khashimov said.