Finance
Finance
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 development of regions. This was …
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 …
Soum could be more stable, but the US dollar is too strong
The soum continues to decline against the US dollar. As of December 20, the exchange rate stands at 12,870 soums …
TBC Bank Uzbekistan secures US$37M equity investment
TBC Bank Uzbekistan (TBC UZ), the country’s largest digital bank, announces a US$37 million equity investment from its majority shareholder …
Uzbekistan plans to attract US$43 billion in investments in 2025
On 19 December, President Shavkat Mirziyoyev held a meeting to review the results of investment activities in 2024 and set …
Senate approves tax code amendments along with a range of benefits
During the second plenary session of the Senate, the Law "On Amendments and Additions to the Tax Code of the …
Alokabank issues shares worth 500 billion soums
Alokabank has issued ordinary shares amounting to 500 billion soums, according to the Unified Corporate Information Portal.
ADB to help Uzbekistan to create up to 500 preschools
The Asian Development Bank (ADB) has been appointed as a transaction advisor to the Ministry of Preschool and School Education …
Law on amendments to the state budget law for 2024 reviewed
During the second plenary session of the Senate, the law "On Amendments to the Law of the Republic of Uzbekistan …