Finance

A delegation of the Republic of Tajikistan visit State Tax Committee

On 13 December 2019, the State Tax Committee of Uzbekistan held a solemn meeting of the delegation of the Republic of Tajikistan with the leadership of the State Tax Committee.

Uzbekistan, ADB ink loan agreements for US$500m

Mr. Enrico Pinali, Officer-in-Charge of ADB’s office in Uzbekistan and Deputy Prime Minister Mr. Jamshid Kuchkarov on 12 December signed loan agreements totaling US$500 million for improving economic management and developing Uzbekistan’s mortgage market sector.

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Panoramas of Uzbekistan appeared on Yandex.Maps

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Abdulaziz Kamilov holds meeting with Vice Speaker of the Italian Chamber of Deputies

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Polish entrepreneurs familiarized with business development in Uzbekistan

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Proparco carries out its first operation in Uzbekistan

Through a US$15 million loan to Hamkorbank, Proparco supports the Uzbek private sector, in particular its small and medium-sized enterprises.

Uzbekistan signs loan agreements with ADB and AFD

On 12 December, a meeting was held at the Ministry of Finance with representatives of the Asian Development Bank (ADB) and the French Development Agency (AFD).

Financiers discussed improving acceleration mechanisms in the field of fiscal and pension policies in Uzbekistan

On 12 December, the Ministry of Innovative Development of the Republic of Uzbekistan together with the Banking and Finance Academy held a republican forum of financiers on the theme "Improving acceleration mechanisms in the field of fiscal and pension policies."

Uzbekistan increases excise taxes on alcohol since 2020

The Law of the Republic of Uzbekistan “On the State Budget of the Republic of Uzbekistan for 2020” approved excise tax rates on manufactured goods (services rendered) for 2020.

Fixed payments for individual entrepreneurs are reduced for the second year in a row

The Law “On the State Budget of the Republic of Uzbekistan for 2020” approved fixed amounts of personal income tax for individual entrepreneurs.

Uzbekistan-Based Ravnaq-bank ‘B-/B’ Ratings Affirmed; Outlook Stable

S&P Global Ratings said that it affirmed its ‘B-/B’ long- and short-term issuer credit ratings on Uzbekistan-based Ravnaq-bank. The outlook is stable.

The Ministry of Finance presented ongoing projects in the field of automation of business processes

On 7 December 2019, in the assembly hall of the Training Center of the Ministry of Finance of the Republic of Uzbekistan, a presentation was held for employees of the Ministry of Finance on the topic: “Ongoing projects in the field of automation of business processes of the Ministry of Finance of the Republic of Uzbekistan”.

The President signs the Law “On the State Budget of the Republic of Uzbekistan for 2020”

The President of Uzbekistan Shavkat Mirziyoyev signed a Law “On the State Budget of the Republic of Uzbekistan for 2020” and the related amendments to the legislation on 9 December 2019.

Currency rates from 10/12/2019

$ 1 9537.55 +0.279%
€ 1 10545.67 +0.662%
₽ 1 149.88 +1.414%
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