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PMC

Localization of financing: the tendency of the international financial institutions to engage national banks
The article studies the tendency of the international financial institutions (IFIs) to finance through national commercial banks acting financial intermediaries. The mechanisms of interaction (targeted credit facilities, risk-sharing agreements, direct capital participation) is reviewed on the example of the activities of the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the International Finance Corporation (IFC) and the Islamic Development Bank (IDB) in the Republic of Uzbekistan from 2001 to 2026.
Gas turbine units: current status, operation principle and growth options
The article reviews the current status of gas turbine units (GTUs), their thermodynamic basics, design features and the main options for technological growth. Also, such key parameters of the Brayton—Joule cycle that determine the energy efficiency of the gas turbines and combined-cycle gas turbines, including the pressure ratio, the turbine inlet temperature, and the possibility of heat recovery from exhaust gases have been analyzed. It shows the part of modern materials, cooling systems and low-emission combustion chambers to increase the efficiency and reduce the environmental stress.
Islamic banking as a tool to ensure the sustainable economic development: prospects for implementation in Uzbekistan
This article is the analysis of the Islamic banking as an alternative model to institute the financial relations based on the principles of Sharia law: it reviews the prohibition of Riba (interest), inadmissibility of Gharar (excessive uncertainty) and prohibition to finance the Haram activities. The key instruments of Islamic banking such as Murabaha, Ijarah, Musharakah, Mudarabah, Sukuk and their applicability in the realm of the economy of Uzbekistan.
Cost estimating. Profession of the Quantity Surveyor from beginning
Cost estimating is the most important component of the construction industry, as required for financial and economic justification of the design and works in progress. The quality of cost estimates impacts on accuracy of the budget planning, the projects profitability, and transparency of expenditures
Small Hydropower Development: Prospects and Challenges for Uzbekistan
Small hydroelectric power plant or small HPP (SHPP) is a hydroelectric power plant that produces a relatively small amount of electricity. There is no concept of a small hydropower plant generally accepted for all countries, their installed capacity is taken as the main characteristic of such hydropower plants
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