• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00216 0%
  • TJS/USD = 0.10718 0.37%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

ADB Annual Meeting in Samarkand Unveils Major Energy, Climate, and Development Initiatives

The Asian Development Bank’s (ADB) 59th Annual Meeting concluded in the historic Uzbek city of Samarkand after four days of discussions focused on energy connectivity, climate financing, and economic resilience across Asia and the Pacific.

Held from May 3 to 6, the gathering brought together government officials, development institutions, economists, and private sector representatives at a time of growing geopolitical and economic uncertainty. It marked the second time Uzbekistan has hosted the ADB Annual Meeting, following the 43rd edition in Tashkent in 2010.

A central announcement at the meeting was the unveiling of a broader $70 billion regional infrastructure program aimed at accelerating energy and digital connectivity across Asia and the Pacific.

The initiative is structured around two major pillars: a $50 billion Pan-Asia Power Grid Initiative focused on cross-border electricity systems, and a $20 billion digital connectivity component aimed at strengthening broadband and data infrastructure across the region.

Together, these programmes are intended to reduce energy costs, improve reliability, and deepen regional economic integration.

The Pan-Asia Power Grid Initiative (PAGI)

In his address to delegates, ADB President Masato Kanda noted that PAGI seeks to support more interconnected and resilient infrastructure systems. “To survive and thrive in this new era, we must build deeply connected and resilient systems,” he said, adding that stronger regional grids and digital networks can help countries manage rising energy demand whilst also accelerating the transition to cleaner power sources.

The initiative seeks to integrate around 20 gigawatts of renewable energy capacity and the develop enough transmission infrastructure to expand electricity access for up to 200 million people.

ADB officials said the bank would use its role as a regional convener to bring together governments, regulators, and private investors to overcome barriers that often slow regional infrastructure projects.

The bank pointed to earlier success stories, including the Bangladesh-India power grid interconnection and the Monsoon Wind Power Project in Laos, as examples of cross-border cooperation supported through blended finance mechanisms.

Image: TCA, Stephen M. Bland

Climate and Food Security Concerns

Climate and environmental financing also featured prominently during the Samarkand meetings. On May 5, the ADB announced that the German government had joined the bank’s Nature Solutions Finance Hub with €5.5 million ($6.5 million) in grant co-financing, some of which has been earmarked for sorely needed watershed rehabilitation in Uzbekistan.

The discussions also reflected growing concern over global food security and supply chain vulnerabilities linked to the ongoing war in Iran.

Qingfeng Zhang, Senior Director of ADB’s Agriculture, Food, Nature, and Rural Development Sector Office, warned that disruptions around the Strait of Hormuz were increasing the cost of everything from energy to insurance, freight to fertilizer – placing additional pressure on food systems across Asia and the Pacific, including Central Asia.

Unlike the shock caused by Russia’s invasion of Ukraine, which directly disrupted grain and fertilizer exports, Zhang said the current crisis was affecting agriculture primarily through higher operating and transportation costs.

The Strait of Hormuz handles roughly one-quarter of global seaborne oil trade and around one-third of fertilizer exports. Rising costs, Zhang said, are already affecting farmers’ planting decisions across the region.

Uzbekistan’s Role

In his address to participants, the host, Uzbekistan’s President Shavkat Mirziyoyev, took the opportunity to reel off a series of figures trumpeting Uzbekistan’s economic success story of recent years. The president claimed the country had attracted $150 billion in foreign investment, tripled exports of goods and services, and expanded the size of the economy from $50 billion to $147 billion since he took power in 2016.

While many of these statements were factually incorrect or overblown – the last time Uzbekistan’s GDP was as low as $50 billion was in 2010 – Mirziyoyev was right about the country’s positive direction. He added that Uzbekistan aims to expand its economy to more than $240 billion by 2030, fully eliminate poverty, and transition toward innovation-driven growth.

The ADB has taken note and become one of Uzbekistan’s largest development partners, with the joint portfolio of completed and ongoing projects approaching $16 billion.

A new addition to that portfolio will be the 300-megawatt Bash 2 Wind Power Project in Uzbekistan’s Bukhara Region. The ADB signed a $116 million financing package with ACWA Power to support the construction of 39 wind turbines with capacities of up to eight megawatts each, whilst connecting them to the national grid.

The financing package includes $50 million from ADB’s ordinary capital resources, as well as money from commercial leaders and infrastructure investment funds.

Uzbek journalist and Doctor of Science Beruniy Alimov said the new cooperation priorities between Uzbekistan and ADB reflected the country’s ambition to become a more open and innovation-oriented economy integrated into global markets.

The bank’s next Annual Meeting will take place in Nagoya, Japan, from May 2-5, 2027, coinciding with the institution’s 60th anniversary.

Kazakhstan’s Population Is Aging Rapidly as Demographic Pressures Mount

Kazakhstan’s population is aging rapidly, with the number of elderly citizens growing significantly faster than the child population as birth rates continue to decline.

According to a study by analysts at Energyprom.kz, the country’s aging index has been steadily rising. In 2021, Kazakhstan had 26.7 elderly people for every 100 children under the age of 15. By 2025, that figure had increased to 32.9.

The data suggests Kazakhstan is gradually entering a demographic phase in which the proportion of elderly citizens is growing much faster than the younger population. The trend is particularly pronounced in urban areas, where the aging index rose from 28.8 to 34.9 over four years. Rural areas remain relatively younger, though the index there also increased from 23.9 to 29.6.

Researchers say the most difficult demographic situation is emerging in the country’s northern and eastern regions. The highest aging index was recorded in the North Kazakhstan Region at 84.1, followed by the East Kazakhstan Region at 80.7 and the Kostanay Region at 71.3. In practical terms, the number of elderly residents in these areas is approaching the number of children.

High aging rates were also recorded in the Pavlodar, Karaganda, and Akmola regions.

By contrast, Kazakhstan’s youngest demographic profiles remain concentrated in the southern and oil-producing regions. The lowest aging indexes were recorded in the Mangystau Region at 16.2, the Turkestan Region at 17.2, and the city of Shymkent at 17. Nevertheless, even these regions are showing gradual aging trends.

Analysts say the primary driver of the shift is the changing balance between declining birth rates and the growing elderly population. Although Kazakhstan’s total population continues to increase, its demographic structure is becoming noticeably older.

The number of children under the age of 14, after years of growth, has begun to decline. At the beginning of 2024 and 2025, the figure stood at around 5.9 million, but by early 2026 it had fallen to 5.8 million.

At the same time, the number of Kazakhstanis aged over 65 continues to rise rapidly. Over the past decade, the elderly population increased from 1.2 million to 2 million people, an increase of nearly 60%.

Additional pressure comes from falling birth rates. Kazakhstan’s total fertility rate dropped to 16.4 births per 1,000 people in 2025, compared to 23.5 in 2021, a decline of almost one-third in just a few years.

The lowest birth rates are being recorded in the North Kazakhstan, Kostanay, and East Kazakhstan regions. However, even traditionally younger regions such as Turkestan and Mangystau are seeing fertility rates gradually decline.

Experts warn that overall population growth is no longer compensating for changes in the country’s age structure. While the population is still increasing in absolute terms, the share of elderly citizens is rising much more rapidly.

According to analysts, the trend is likely to place increasing pressure on Kazakhstan’s healthcare system, labor market, pension system, and social welfare infrastructure in the coming years.

Kazakhstan, Kyrgyzstan, Uzbekistan Agree on Toktogul Water Releases

Energy and water ministers from Kazakhstan, Kyrgyzstan, and Uzbekistan signed a trilateral protocol in Tashkent on May 7 establishing agreed water release volumes and schedules from the Toktogul Reservoir for the next two months.

The Toktogul Reservoir plays a central role in maintaining water and energy stability across Central Asia. The Toktogul Hydropower Plant, located on the Naryn River, the main tributary of the Syr Darya, is Kyrgyzstan’s largest power station and supplies around 40% of the country’s electricity.

The reservoir serves a dual purpose: generating electricity for Kyrgyzstan while regulating water flows essential for downstream agriculture in Kazakhstan and Uzbekistan. During winter, Kyrgyzstan typically increases electricity generation to meet heating demand, often lowering reservoir levels and reducing the amount of water available for irrigation during the following spring and summer.

According to Kazakhstan’s Energy Ministry, the newly signed protocol removes uncertainty for farmers in southern Kazakhstan at the start of the agricultural season and allows both Kazakh and Uzbek farmers to begin irrigation activities on schedule.

To ensure stable water supplies throughout the remainder of the growing season, the three countries agreed to continue coordination in stages. The next ministerial meeting is scheduled for mid-June in Bishkek, where officials plan to finalize water release schedules for the critical summer months of July, August, and September.

The agreement highlights the continued functioning of the region’s interstate water-energy exchange mechanism. Coordination over summer irrigation flows was preceded by extensive cooperation during the winter season.

From September 2025 to April 2026, Kazakhstan supplied more than 1.5 billion kilowatt-hours of electricity to Kyrgyzstan, helping the upstream country reduce winter water releases for heating and preserve additional reserves in the Toktogul Reservoir for summer irrigation needs in Kazakhstan and Uzbekistan.

According to Kyrgyzstan’s Deputy Energy Minister Altynbek Rysbekov, the Toktogul Reservoir held 7 billion cubic meters of water on April 1, 2026, down from 9.14 billion cubic meters on January 1 after the winter heating season.

The reservoir’s so-called “dead water level,” the threshold below which turbines can no longer operate, stands at 6.5 billion cubic meters.

Uzbekistan Collects $5 Million From Foreign Digital Companies in First Quarter

Foreign technology and digital service companies paid 65.7 billion Uzbek som ($5.1 million) in taxes in Uzbekistan during the first quarter of 2026, according to the country’s State Tax Committee.

The figure represents an 81% increase compared to the same period in 2025, when foreign digital firms paid 36.2 billion som ($2.98 million) in taxes. The total value of electronic services provided by foreign companies in Uzbekistan also rose sharply, from 306.6 billion som ($25.2 million) in the first three months of 2025 to 552 billion som ($45.4 million) this year.

The State Tax Committee said 89 foreign companies providing electronic services are currently registered as taxpayers in Uzbekistan.

Among the largest taxpayers in the first quarter were Apple, which paid 16.1 billion som ($1.32 million) in taxes, followed by Google at 14.9 billion som ($1.23 million) and Meta at 13.9 billion som ($1.14 million).

Other major contributors included Valve Corporation, which paid 8 billion som ($658,000), OpenAI with 2.5 billion som ($206,000), and Anthropic with 1.5 billion som ($123,000).

Gaming and entertainment platforms also appeared among the top taxpayers. Midasbuy paid 1.3 billion som ($107,000), while TikTok, Booking.com, and Netflix collectively contributed more than 2 billion som ($165,000).

Under Uzbek law, foreign legal entities providing electronic services must submit tax reports and pay taxes no later than the 20th day of the month following each reporting quarter.

Previously, Kazakhstan reported that foreign digital platforms transferred nearly $18 million to the state budget in January 2026 alone through its digital services tax, commonly referred to as the “Google tax.” According to Kazakhstan’s State Revenue Committee, 120 foreign companies have registered as taxpayers there since the tax was introduced in 2022, generating a total of about $277.5 million in revenue.

Opinion: What May 9 Means to a Generation Without War Memories

One evening, sitting beside my grandmother, we opened an old photo album, the kind with thick pages and photographs tucked carefully beneath thin plastic sheets. We turned the pages slowly. At one photograph, she stopped. It showed her as a young girl beside a close relative she rarely speaks about, a man who never came home from the war.

The mood changed almost instantly. For her, May 9 is not simply a date. It belongs to a family story shaped by absence, grief, and survival. For me, it is inherited. For many people of my generation, May 9 is no longer a memory of war itself, but a memory passed down by those who lived closer to it.

That distance is changing the meaning of Victory Day in Kazakhstan and across much of Central Asia. The day still carries enormous symbolic weight, but the link between public commemoration and private family memory is becoming less direct. What older generations remember, younger generations are increasingly asked to learn.

What Remains for Those Who Remember

For older generations, May 9 remains deeply personal. It is tied to lives shaped by loss, names repeated year after year, stories retold within families, and the enduring presence of those who never returned. The meaning of the day is not abstract for people who lived through the war or grew up in its immediate aftermath. It is part of their family history.

In many households, remembrance is expressed less through public slogans than through quieter acts: visiting memorials, keeping photographs, passing down names, or sharing stories that do not need much explanation. For those generations, the past has not fully receded. It remains close to the surface of the present.

A Generation That Learns, Not Remembers

For younger people, the connection is often weaker and less detailed. The war may still be respected, but it is no longer remembered in the same way. It is encountered through family fragments, school lessons, monuments, ceremonies, and public language rather than through the direct emotional force of lived experience.

This generational gap is visible in recent polling. A 2025 survey by the Center for Social and Political Research “Strategy,” based on 1,100 respondents across nine regions of Kazakhstan, found that 46% of people aged 18-24 knew someone in their family had participated in the war but could not recall any details. Another 33% had no information at all. Among respondents over 55, only 13% reported similar uncertainty.

The same survey found that many respondents could not identify a significant historical figure connected to the war, while nearly one in five could not name a single wartime event. These gaps suggest more than a decline in historical knowledge. They point to a weakening personal connection to what was once a defining collective experience.

When Memory Exists Without Experience

As lived experience gives way to inherited knowledge, remembrance changes form. Historical events are preserved through families, schools, state ceremonies, monuments, and media, but the emotional connection becomes harder to sustain. A story that once belonged to a grandparent becomes, for a younger person, something partly personal and partly institutional.

The same research found that only around 56-58% of younger respondents expressed a strong desire to preserve the memory of the war at both family and state levels, compared with more than 80% among older generations. That does not mean young people reject the past, but it suggests that the past reaches them differently.

As direct family memory weakens, public institutions play a larger role in shaping how the war is remembered. This can give the past continuity, but it can also make remembrance feel more formal and less intimate. The date remains important, yet its meaning is increasingly filtered through public narratives rather than family experience.

This is not unique to Kazakhstan. Across Central Asia, May 9 remains a major commemorative date, but its meaning is no longer uniform. For some families, it is still tied to direct loss. For younger citizens, it may be associated more with ceremonies, school events, official speeches, or stories that become less detailed with each generation.

What Memory Becomes

Memory does not simply disappear over time. It changes shape.

The war remains deeply rooted in the collective consciousness of Kazakhstan and much of Central Asia. It is associated with sacrifice, loss, victory, and national contribution. Yet the balance between those meanings is shifting. Public memory often centers on victory and the defeat of Nazi Germany, while the quieter language of personal grief can become less visible.

The legacy of the 20th century also remains complex. For some, the Soviet period is remembered through sacrifice, industrialization, education, and shared wartime endurance. For others, it is inseparable from repression, famine, deportation, and the denial of national histories. These competing memories shape how May 9 is understood today.

For younger generations, the result is not a single inherited memory, but several versions of the past: some personal, some public, and some incomplete. What they receive is not lived experience, but interpretation. The challenge is not only to preserve the date, but to preserve the human scale of what it once meant.

That is why the photograph in my grandmother’s album still matters. It is not only evidence of a family loss. It is a reminder that before memory becomes ceremony, history begins with individual lives. For those who remember, May 9 remains close to grief and survival. For those who come after, the task is to keep it from becoming only a symbol.

 

The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of the publication, its affiliates, or any other organizations mentioned.

Dushanbe Students Face Expulsion for Driving Private Vehicles to University

Seven students in Dushanbe face possible expulsion for up to three years after police conducted raids targeting university students who arrived for classes in private vehicles.

The inspections were announced by the city’s Interior Ministry department, which said officers from the department for the prevention of youth-related offenses conducted raids near universities in the capital and recorded seven cases of students arriving on campus in their own cars.

“Under current legal regulations and an order issued by the Ministry of Education and Science of the Republic of Tajikistan, students are strictly prohibited from arriving at classes in private vehicles,” the statement said. “However, some students deliberately ignore this requirement in an attempt at self-display.”

Police said the students attend institutions including Tajik National University, Russian-Tajik Slavonic University, the Academy of Public Administration under the President of Tajikistan, and the Tajik State University of Commerce.

Authorities stated that case materials have already been forwarded to the Education Ministry and university administrations for further action. Under existing regulations, students who arrive at classes in private vehicles can be expelled for up to three years without the right to reinstatement.

Similar incidents have occurred previously in Dushanbe. Earlier, Tajik National University student Fazliddin Bakhriev faced possible expulsion after arriving at the university in a Range Rover. No final decision in that case was publicly announced.

The ban on students and schoolchildren using private cars has been in force in Tajikistan since 2017, and police regularly conduct raids near educational institutions to identify violations.

Authorities justify the restrictions partly on safety grounds, arguing that young drivers are disproportionately involved in traffic accidents. Officials have also framed the issue as a social concern, saying that luxury vehicles parked outside schools and universities are viewed as displays of wealth and status that contradict principles of equality among students.