Finance
Finance
IFC helps Uzbek banks strengthen operations during the COVID-19 pandemic
IFC, a member of the World Bank Group, held a webinar on stress-testing for Uzbekistan’s financial institutions as part of its response to the impact …
Business can pat taxes in installments
In accordance with the resolution of the President of the Republic of Uzbekistan from 19 March 2020 “On Priority Measures …
Visa announces an increase in the limit for contactless payments without entering a PIN code
Visa announced an increase in limits for contactless transactions, which do not require authentication of the card holder by entering …
VAT refund: prompt and transparent
During the quarantine period, the State Tax Committee stepped up work on the return of value added tax as a …
Suggestions will be taken into account
After posting for discussion a draft joint resolution of the State Tax Committee and the Central Bank on the provision …
Moody’s assesses Uzbekistan’s banking system as “stable”
The report of the international rating agency Moody’s, published on 8 April 2020, states that the forecast of the banking …
The Central Bank commented on the current situation in the currency market of Uzbekistan
In April 2020, some increased volatility of the soum rate against foreign currencies was observed in the domestic foreign exchange …
STC: Analytics will be conducted only to identify facts of illegal e-commerce
After posting for discussion a draft joint resolution of the State Tax Committee (STC) and the Central Bank on providing …
Ministry of Finance of Uzbekistan launches the digital platform for conducting electronic tenders in public procurement
Currently, large-scale reforms in the field of public finance are implemented in the country. The public procurement system is among …
World Bank forecast: Uzbekistan to record 1.6% economic growth in 2020
The World Bank predicts a sharp decline in the growth of the economy of Uzbekistan in 2020 due to the …