Finance
Finance
President of Uzbekistan and EBRD President discuss strategic partnership priorities
The business program of the first "Central Asia – European Union" summit began on 3 April with a meeting between President of the Republic of …
Uzbekistan considers increasing tax cashback for consumers
The Tax Committee of Uzbekistan is considering the possibility of increasing tax cashback in case of business legalization. This was …
Uzbek Tax Committee developing system to track personal income, including foreign earnings
The Tax Committee of Uzbekistan is working on the creation of a unified database and IT system for the comprehensive …
Moody’s assigns B3 long-term deposit ratings to Octobank JSC
Moody’s Ratings has assigned the following ratings to Uzbekistan’s Octobank JSC: long-term deposit ratings in local and foreign currencies at …
Moody’s confirms Hamkorbank’s deposit ratings at B1
Moody’s Ratings has confirmed the baseline credit assessment (BCA) and adjusted BCA of Uzbekistan’s Hamkorbank at b1, the long-term deposit …
Starting from 2027, Artists in Uzbekistan to be required to declare income and pay taxes
Starting in 2027, artists in Uzbekistan will be required to submit income declarations and pay taxes. This was announced on …
Negotiations held between Central Banks of Uzbekistan and Türkiye
A meeting was held between the delegations of the Central Bank of the Republic of Türkiye and the Central Bank …
ADB allocates US$30 million loan in soums for the development of Uzbekistan’s mortgage market
The Asian Development Bank (ADB) has approved a loan in the national currency, equivalent to US$30 million, to support the …
Inflation reaches 2.1% in Uzbekistan for January–March 2025
In March 2025, the consolidated Consumer Price Index (CPI) for the month stood at 100.9%, compared to 100.5% in February …
Uzbekistan’s external debt reaches US$64.1 billion
Uzbekistan’s external debt totaled US$64.1 billion by the end of 2024, according to data released by the country’s Central Bank.