Legal norms adopted in our country in recent years are aimed at increasing the prestige and status of the Uzbek language when doing business in the state language. Moreover, one of the tasks in this direction is to ensure the storage of financial documents in the state language.
On 18 October 2020, the Protocol on introducing amendments to the Convention between the Government of the Republic of Uzbekistan and the Government of the Republic of Korea for the avoidance of double taxation and prevention of tax evasion on income and capital of February 11, 1998 entered into force.
At a meeting of the Board of the Central Bank, held on 22 October 2020, the "Main directions of monetary policy for 2021 and the period 2022-2023" were approved.
Thanks to the cooperation between the Uzeltekhsanoat Association and Asia-Invest Bank (JSC), Russian entrepreneurs importing household appliances and electrical equipment to the Russian Federation have gained access to a wide range of funding sources. In particular, the parties agreed to open a credit line for sellers and distributors of household appliances under the Uzbek brands Artel, Royal and Shivaki.
In its quarterly study, the Center for Economic Research and Reforms (CEIR) assessed the Activity Index of 31 banks in the country.
Over the past 9 months of 2020, commercial banks provided 50,627 individuals with mortgage loans in the amount of 6.4 trillion. soums, which is 1.1 trillion soums more than in the same period of 2019.
The Central Bank prepared preliminary indicators of the current account of the balance of payments for 9 months of 2020.
Today, under the chairmanship of the President of the Republic of Uzbekistan Shavkat Mirziyoyev, a video conference was held to discuss the parameters of the state budget for 2021.
The management of the Central Bank visited Kashkadarya region in order to study the conditions for expanding the infrastructure of payment systems, as well as monitoring the work being done to develop the system of non-cash payments in the region.