Finance
Finance
Competition Committee ensures integration of UPay with HUMO
Following an analysis conducted by the Committee for Competition Development, full integration of the UPay payment system with the national HUMO system was achieved.
Uzbekistan’s Tax committee warns of fraudulent “debt” emails
The Tax Committee of Uzbekistan has issued an official warning about fraudulent emails being sent to citizens under the guise …
UZCARD and the Ministry of Internal Affairs launch national digital literacy program
On 13 May 2025, the official launch of a nationwide digital literacy initiative took place in the Fergana Valley. The …
Central Bank proposes to restrict hidden terms in loan agreements
The Central Bank of the Republic of Uzbekistan has prepared a draft of amendments and additions to the “Regulation on …
Uzbekistan tests Humo token
A new digital asset, the Humo token, secured by government bonds, is currently being tested in Uzbekistan. This was reported …
Inflation expectations remain high in Uzbekistan, especially in major cities
According to April surveys, inflation expectations in Uzbekistan have remained at 14.2% annually, as reported by the Central Bank of …
Uzbekistan’s gold and foreign exchange reserves increased to US$49.25 billion in April
As of April 2025, Uzbekistan’s gold and foreign exchange reserves grew by US$1.4 billion, reaching a total of US$49.25 billion, …
TBC Uzbekistan’s loan portfolio reaches 10.047 trillion soums
TBC Uzbekistan, part of the TBC Bank Group, has presented its financial results for Q1 2025, demonstrating steady growth across …
Soum becomes more volatile, but it is a result of external factors
As of 8 May 2025, the exchange rate of the US dollar stands at 12,890 soums. Over the past week, …
Uzbekistan and Indonesia discussed cooperation in public financial management
On 6 May 2025, a meeting took place at the Ministry of Economy and Finance of the Republic of Uzbekistan …