Finance
Finance
Mortgage term extended from 15 to 20 years
A resolution of the President “On additional measures to improve the living conditions of the population and the further expansion of the mortgage market” was …
Uzbekistan’s COVID-19 response gets additional financial boost from World Bank
The World Bank’s Board of Executive Directors approved today $200 million in additional development policy financing to support Uzbekistan’s ongoing …
Total income of Uzbek population reaches 78.9 trillion soums
According to preliminary data, in January-March 2020, the total amount of total income of Uzbekistan’s population reached 78.9 trillion soums. …
Debt of pensioners to be written off
According to the Decree of the President “On Additional Measures to Support the Population and Entrepreneurships During the Coronavirus Pandemic,” …
Size of material assistance, not subject to income tax, increased
According to the Presidential Decree “On Additional Measures to Support the Population and Entrepreneurship during the Coronavirus Pandemic,” the size …
Various Rating Actions Taken On Uzbek Banks Amid Market Volatility And The COVID-19 Pandemic
S&P Global Ratings took the following actions on the Uzbekistan-based banks it rates:
Large capital buffers will help state- and foreign-owned Uzbekistani banks weather the economic shock in 2020
S&P Global Ratings said that large capital buffers will help state- and foreign-owned banks in Uzbekistan mitigate the effects of …
Two companies receive a license to operate a payment institution.
The Board of the Central Bank of Uzbekistan decided to issue licenses to two companies to carry out the activities …
State Tax Committee issues permits to large taxpayers
Information has spread on social networks that "employees of the State Tax Committee (STC) units, who have received the right …
Average monthly nominal accrued salary in the Republic of Uzbekistan reaches 2.58 million soums
In January-March 2020, the average monthly nominal accrued salary in the Republic of Uzbekistan reached 2.58 million soums and increased …