AGP Executive Report
Last update: 6 hours agoIslamic Finance Push: Uzbekistan’s Central Bank has set up an Islamic Finance Council to coordinate banks and microfinance firms under the new Islamic banking law that took effect June 29, with the council tasked to draft standards, issue supervisory guidance, and represent the regulator internationally. Election Oversight in Kazakhstan: Kazakhstan’s CEC is accrediting international observers for Kurultai deputy elections, with around 90 observers registered and Uzbekistan among the participating countries. Labor Mobility Deal: Uzbekistan and the Czech Republic signed agreements to expand organized labor migration and training, including a pilot to prepare Uzbek medical and social-care workers for Czech institutions. Economic Outlook: Uzbekistan raised its 2026 growth forecast to 8.1% in its 2027–2029 fiscal strategy, citing stronger 2025 and early-2026 performance and projecting slower inflation. Regional Energy Pressure: Extreme heat across Central Asia is straining roads, power grids, and emergency services, with Uzbekistan reporting consumption and generation records and Kyrgyzstan introducing temporary cuts. Connectivity Update: Centrum Air will launch direct Tashkent–Karachi flights from Sept. 3, adding two weekly services to boost travel and business links.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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