Finance
Finance
Changes introduced to Tax Code to encourage the development of the capital market
To encourage the development of the capital market, changes and additions have been made to the Tax Code of Uzbekistan.
Agrobank to place shares worth 2.61 trillion soums
Agrobank increases its authorized capital by 2.61 trillion soums.
VAT benefits on turnover and import of pharmaceutical products are cancelled
In Uzbekistan, from 1 April 2024, VAT benefits on the turnover and import of pharmaceutical products will be cancelled. This …
Inflation makes up 8.8% in 2023 – Statistics Agency
In December 2023, the consolidated CPI for the month was 1,2%. In annual terms (by December 2022), the consolidated CPI …
The volume of nonperforming loan of banks in Uzbekistan reach 17.6 trillion soums
The volume of nonperforming loan (NLP) of commercial banks in Uzbekistan as of December 1, 2023 amounted to 17.6 trillion …
Uzpromstroybank attracts Turkish loans for US$130 million
Uzpromstroybank signed agreements with partners from Turkey for a total amount of US$130 million, the bank’s press service reports.
Shavkat Mirziyoyev signs the law on the state budget for 2024
President of Uzbekistan Shavkat Mirziyoyev signed the law on the state budget for 2024.
OTP Bank increases its stake in Ipoteka Bank to 79.6%
Hungarian OTP Bank increased its stake in Ipoteka Bank from 75% to 79.6%. This was reported by the press service …
Progress Active becomes a shareholder of Kafil Sug’urta
Progress Active has become a shareholder of the insurance company Kafil Sug’urta.
More than 1.2 billion electronic receipts issued for online purchases
When selling goods or services, entrepreneurs must use online cash register equipment and issue customers a receipt with a QR …