Finance
Finance
Uzbekistan’s Economy Ministry Adjusts Timeline for Sale of State-Owned Bank Shares
The privatization of major state-owned banks in Uzbekistan has once again been postponed.
The Soums Recovers, Outlook Remains Positive
As of 31 July 2025, the Uzbek soums has significantly strengthened, with the US dollar trading at 12,580 soums. This …
Uzbekistan’s VAT Refunds Drop 17.7% in First Half of 2025
According to the State Tax Committee, the volume of value-added tax (VAT) refunds in Uzbekistan declined significantly in the first …
Central Banks of Uzbekistan and Azerbaijan Exchange Experience in Accounting and Financial Reporting
The Central Bank of the Republic of Uzbekistan hosted a two-day seminar with representatives of the Central Bank of Azerbaijan, …
Uzbekistan’s Fiscal Strategy: Salaries and Pensions to Outpace Inflation
Under Uzbekistan’s Fiscal Strategy for 2026–2028, annual increases in public sector salaries, as well as pensions and allowances, will exceed …
Head of Uzbekistan’s Tax Committee Comments on VAT Refund Delays
Sherzod Kudbiev, Chairman of the State Tax Committee, has addressed concerns over prolonged delays in value-added tax (VAT) refunds. The …
Moody’s: Increase in MTPL Tariffs Will Improve Financial Standing of Uzbekistan’s Insurers
Uzbekistan’s National Agency for Prospective Projects (NAPP) has announced plans to raise tariffs and insured amounts for compulsory motor third-party …
Uzbekistan and China Sign Memorandum of Cooperation in Banking Supervision
The Central Bank of Uzbekistan and the National Administration of Financial Regulation of the People’s Republic of China have signed …
Average Monthly Salary in Uzbekistan Rises 17% in First Half of 2025, Exceeding 5.9 Million Soums
In January–June 2025, the average monthly salary in the Republic of Uzbekistan reached 5,982,300 soums, marking a 17.2% increase compared …
Citigroup Officially Opens Representative Office in Uzbekistan
Citigroup has officially announced the opening of its representative office in Uzbekistan, according to a statement published on the corporation’s …