The European Bank for Reconstruction and Development (EBRD) is supporting the growth of Uzbekistan’s private sector, by extending a US$25 million loan to Sanoat Qurilish Bank (SQB), for on-lending to small and medium enterprises (SMEs).
Mastercard opens its official representative office in Uzbekistan. This was announced at the EBRD’s annual conference, which opened on 16 May 2023 in Samarkand, highlighting the importance of the global partnership with Uzbekistan.
Today, on 16 May, the 32nd Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) began its work in Samarkand. This year’s theme is Investing in Resilience.
Eurasian Development Bank (EDB) and Uzbekistan are negotiating the country’s membership in the financial institution.
According to the Statistical Agency, in January-March 2023, the volume of investments in fixed assets in the Republic of Uzbekistan amounted to 56.6 trillion soums.
On 16-18 May, Samarkand will host the 32nd Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD), under the common main theme - Investing in Resilience.
The state is creating conditions for social support for vulnerable segments of the population. One of these measures is the introduction from 1 May 2023 of a mechanism for obtaining cashback for a certain group of essential goods by returning the paid VAT (12%) to individuals included in the Unified Register of Social Protection.
United Republican Processing Center LLC, together with the National Interbank Payment System, completed technical work on the integration of ATMs of UZCARD and HUMO payment systems.