Finance
Finance
World Bank-supported project to help to supply water to 280,000 residents of Syrdarya region
Uzbekistan has made substantial investments in upgrading its water supply and sanitation (WSS) services over the past decade, amassing the largest public borrowing portfolio for …
Official exchange rate of US dollar reaches 4,200 soums
Central Bank of Uzbekistan set new exchange rates of hard currencies to the Uzbek soum from 29 August 2017.
Mukhamet Jumagaldiev becomes chairman of Senate Committee on budget and economic reforms
Senate of the Oliy Majlis of the Republic of Uzbekistan elected the chairman of its Committee on Budget and Economic …
Uzbekistan plans to introduce bankruptcy procedure for individual entrepreneurs
Uzbekistan plans to introduce changes and amendments to the law on bankruptcy.
Some control functions of banks to be abolished
Some control functions, which are unusual for commercial banks, will be abolished in Uzbekistan.
Uzbekistan to direct 2.12 trln. soums to construction of houses in rural areas in 2017
In 2017, Uzbekistan will direct 2.12 trillion soums to finance a programme for construction of affordable houses on new standard …
State Fund for Support of Business Development created in Uzbekistan
The State Fund for Support of Business Development under the Cabinet of Ministers is being created in Uzbekistan.
Central Bank of Uzbekistan: Issue of 50,000-soum banknotes not to lead to change of money supply
Issuance of large banknotes in circulation will not lead to a change of the money supply in the economy and …
CBU issues 50,000-soums banknote into circulation
Central Bank of Uzbekistan will introduce 50,000-soum banknotes into circulation, the regulator said in a statement.
Botir Zahidov becomes deputy chairman of Central Bank
President of Uzbekistan Shavkat Mirziyoyev signed a decree appointing the deputy chairman of the Central Bank on 14 August 2017.