07.03.2022

On March 7, President Shavkat Mirziyoyev chaired a video conferencing on the implementation of the measures by the government to achieve the target indicators for the socio-economic development of industries and regions for this year.

It was noted that $687 million of foreign investments, including $615 million of foreign direct investments and loans have been disbursed for January-February this year. Since the onset of the year, the production capacity for 506 projects for $337 million has been introduced, by creating over 7,000 new jobs.

The volume of exports and services exceeded $1.7 billion in two months, and increased by 20% compared to the same period in 2021. In particular, the exports of construction materials manufactured by domestic enterprises increased nearly twofold, electrical products - 1.5 times, textiles, as well as fruit and vegetable products - 1.3 times.

At the meeting, the heads of industries and regions were instructed to promptly address the logistics issues in the implementation of investment projects and export supplies.

In particular, the President has focused on ensuring a price stability in the domestic consumer market.

It was noted that for the two months of this year, the inflation rate has made up 1.38%, which is lower than in the same period in 2021 (1.7%).

Along with this, a price volatility in the global markets require additional measures on the part of the responsible authorities and regions of the country to prevent rapid price changes in the domestic market, especially by food market saturation.

The President has critically assessed the work carried out by regional leaders on allocating an additional 80 thousand hectares of land to the population for the development of household farms and the cultivation of agricultural products in demand on the domestic market.

The specific instructions were also given to increase the efficiency of public funds in the amount of 2 trillion Uzbek soums allocated for the development of horticulture and accelerate the disbursement of these funds.

The regional leaders have been instructed to take measures to ensure the smooth flow of products to food markets and create the necessary reserves for this purpose.