Finance

Volume of insurance services hists 5.87 trln soums

According to preliminary data from the Statistics Agency, in January-October 2023 the volume of insurance services reached 5.87 trillion soums.

Uzbekistan’s Transition to Market Economy to Accelerate by Strategic Reforms, Supported by the World Bank

The World Bank’s Board of Executive Directors has approved a Development Policy Operation to financially support the government of Uzbekistan in implementing a new generation of economic, social, and climate reforms. The objective of these reforms is to expedite the country’s transition to a market economy, ensuring that economic opportunities are accessible to all citizens and creating a strong foundation for sustained growth.

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Uzbekistan grows 8.2 million tons of grain and 3.8 million tons of cotton in 2023

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Global collaboration, China leads in alternative energy innovation

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Uzbekistan plans to fiscalize aggregators and taxi services in all regions - Tax Committee of Uzbekistan

The Tax Committee of Uzbekistan spoke about the measures taken to regulate the taxi and passenger transportation market, taking into account the goals of expanding the tax base and reducing the level of the shadow economy.

ADB to support small and medium-sized enterprises in Uzbekistan

The Asian Development Bank (ADB) has approved a US$100 million policy-based loan to support small and medium-sized enterprises (SMEs) in Uzbekistan and spur economic growth in the Central Asian nation.

Powers of tax authorities to suspend VAT certificates limited

A resolution of the Cabinet of Ministers "On Amendments to the Regulation on the Procedure for Special Registration of Value Added Tax Payers in the Tax Authorities," has been adopted.

Bank: the MUNIS system operates continuously in normal mode

Information was disseminated on social networks about failures in the operation of the Central Bank clearing and settlement system (MUNIS).

EBRD promotes green lending and trade in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) is promoting green lending and facilitating trade in Uzbekistan by offering a financial facility of up to US$ 45 million (€42.5 million) to a major private lender, Ipak Yuli Bank.

Citizens can submit income declarations through my.gov.uz

The Cabinet of Ministers adopted a resolution “On amendments to the Cabinet of Ministers Resolution No. 150 of 2 April 2022 “On approval of administrative regulations for the provision of certain public services in the field of registration of taxpayers.”

Inflation hits 7.4% in Uzbekistan – State Agency

In November 2023, the consolidated CPI for the month in Uzbekistan was was 101.1%, by December 2022 – 107.4%, the Statistics Agency of Uzbekistan said.

The transfer of the Humo payment system to the State Assets Management Agency is not related to privatization

The transfer of the National Interbank Processing Center (Humo payment system) to the balance sheet of the State Assets Management Agency (AUGA) has nothing to do with privatization plans. This was stated in the AUGA’s statement.

Currency rates from 07/12/2023

$ 1 12305.17 +0.128%
€ 1 13278.51 -0.251%
₽ 1 131.98 -1.632%
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