Finance
Finance
Ministries of Finance of Uzbekistan and Tajikistan sign an agreement
On 29-30 September 2021, within the framework of the economic forum “Uzbekistan: Results and Prospects of economic Reforms”, a Memorandum of Understanding on further development …
The state debt of Uzbekistan makes up US$26.3 billion.
As of 1 January 2022, the public debt of Uzbekistan reached US$26.3 billion, or 38% of gross domestic product (GDP). …
Study of Azerbaijan’s experience in the field of social insurance and pension provision
Chairman of the Board of the State Social Protection Fund under the Ministry of Labor and Social Protection of the …
EBRD experts discuss the development of the money market of Uzbekistan
A delegation from the European Bank for Reconstruction and Development (EBRD), headed by Treasury Director Axel van Nederveen, visited the …
Fitch downgrades Kafolat’s IFS to ‘B+’
Fitch Ratings has downgraded Uzbekistan-based Kafolat Insurance Company JSC (Kafolat)’s Insurer Financial Strength (IFS) Rating to ‘B+’ from ‘BB-’ and …
Cashback: 15.1 billion soums paid to consumers
The cashback return system, introduced from 1 January 2022, is becoming increasingly popular among consumers. This is clearly evidenced by …
Sovcombank buys shares of Uzagroexportbank for US$4m
The State Assets Management Agency informs about achievement of agreement (Transaction) with PJSC “Sovcombank” (Russian Federation) on sale of 100% …
ADB loan to upgrade Uzbekistan roads and boost regional connectivity
The Asian Development Bank (ADB) today approved a US$273.85 million loan to reconstruct and upgrade national roads in Uzbekistan that …
Issues of development of Islamic finance and banking in Uzbekistan discussed
Between 14 and 17 February 2020, the Ministry of Investment and Foreign Trade, together with a delegation of the Islamic …
The World Bank to assist Uzbekistan in modernizing the national statistical system
The World Bank’s Board of Executive Directors approved today a US$50 million concessional credit for Uzbekistan. It will finance a …