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Finance

Turon Bank ratings affirmed At ‘B/B’; Outlook Stable
Finance
Turon Bank ratings affirmed At ‘B/B’; Outlook Stable
S&P Global Ratings affirmed its ‘B/B’ long- and short-term issuer credit ratings on Uzbekistan-based Turon Bank. The outlook is stable.
09:32 · 19/03/2020
Taxation of projects financed by IFIs and foreign government financial organizations
Taxation of projects financed by IFIs and foreign government financial organizations
On 13 March, the Ministry of Finance of the Republic of Uzbekistan held a presentation of the taxation procedure for …
19:44 · 18/03/2020
Size of microcredit and microloan increased in Uzbekistan
Size of microcredit and microloan increased in Uzbekistan
According to amendments to the Law on the Microfinance Law, the microcredit borrower is provided with a microloan in an …
19:37 · 18/03/2020
Fitch Ratings Sees Challenges to Uzbek Insurance Reform
Fitch Ratings Sees Challenges to Uzbek Insurance Reform
Uzbekistan’s substantial reform programme to modernize the local insurance sector is ambitious and is unlikely to achieve its targets swiftly, …
15:10 · 18/03/2020
ADB announces US$6.5 billion initial response to COVID-19 pandemic
ADB announces US$6.5 billion initial response to COVID-19 pandemic
The Asian Development Bank (ADB) today announced a US$6.5 billion initial package to address the immediate needs of its developing …
12:10 · 18/03/2020
The Central Bank recommends measures to mitigate possible credit risks associated with the consequences of the spread of coronavirus infection
The Central Bank recommends measures to mitigate possible credit risks associated with the consequences of the spread of coronavirus infection
In order to mitigate possible negative consequences for businesses related to the repayment of loans in the context of the …
15:43 · 17/03/2020
State Tax Committee: Every appeal of citizens under control
State Tax Committee: Every appeal of citizens under control
On the morning of 17 March, the State Tax Committee (STC) recorded 1,635 appeals. Most of all, people complain about …
15:05 · 17/03/2020
New Chairman of the Board of Uzpromstroybank appointed
New Chairman of the Board of Uzpromstroybank appointed
Sakhi Saparmuhamedovich Annaklichev was appointed as the Chairman of the Board of Uzpromstroybank.
14:05 · 16/03/2020
Development of the mechanism of decentralization as a factor of increasing the stability of local budget revenues and social development of regions
Development of the mechanism of decentralization as a factor of increasing the stability of local budget revenues and social development of regions
On 12 March, an international conference was held in Tashkent on the basis of the Training center under the Ministry …
15:56 · 13/03/2020
Pensions of convicts to be transferred to their personal accounts
Pensions of convicts to be transferred to their personal accounts
The Government resolution amended and supplemented the Regulation on the procedure for the appointment and payment of state pensions.
15:28 · 13/03/2020