Finance
Finance
Uzbek soum accelerates decline at year-end, decreasing by 4% in 2024
The decline of the Uzbek soum continues to accelerate. As of 26 December, the exchange rate against the US dollar reached 12,923 soums. Over the …
Central Bank of Uzbekistan joins International Operational Risk Working Group
The Central Bank of Uzbekistan has become a member of the International Operational Risk Working Group (IORWG), according to a …
President of Uzbekistan signs law amending the 2024 state budget
President of Uzbekistan Shavkat Mirziyoyev has signed a law introducing amendments to the Law of the Republic of Uzbekistan “On …
Shavkat Mirziyoyev signs the law on Uzbekistan’s state budget for 2025
On 24 December, President of Uzbekistan Shavkat Mirziyoyev signed the law on Uzbekistan’s state budget for 2025.
EBRD finances construction of high-voltage transmission line in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) is increasing the reliability and sustainability of Uzbekistan’s electricity supply by helping …
Central Bank joins the Islamic Financial Services Board
The Central Bank of the Republic of Uzbekistan has joined the Islamic Financial Services Board (IFSB).
New accounting rules for foreign currency transactions established in Uzbekistan
Uzbekistan has approved new rules for accounting foreign currency transactions.
Uzbekistan to keep part of taxes in regional and local budgets
On 20 December, President Shavkat Mirziyoyev signed a decree aimed at increasing the role of local authorities in the economic …
Biznesni Rivojlantirish Banki fined for violating advertising laws
The Committee for the Development of Competition and Protection of Consumer Rights has fined Biznesni Rivojlantirish Banki for violating advertising …
Consumers to be exempt from paying state fees for lawsuits against insurers
A law approved by the Senate of the Oliy Majlis of Uzbekistan provides for the exemption of consumers of insurance …