Finance

Islamic Development Bank Launches Resilience Index to Aid in COVID-19 Recovery

The Islamic Development Bank (IsDB), the AAA-rated Multilateral Development Bank of the Muslim world, has launched a new Resilience Index in order to help policymakers create mechanisms that support economic resilience.

Islamic Countries Seek Joint Response to COVID-19 Challenges at IsDB Annual Meeting

Ministers and senior officials from 57 countries have gathered today in Tashkent, Uzbekistan for the annual meetings of the Islamic Development Bank Group, which comprises the Muslim world's premier multilateral financial institutions. In addition, more than 2,000 participants of business, experts, and media representatives join the events during 1-4 September 2

Latest News

A delegation of the Association Uztekstilprom takes part in the regional seminar "UNECE-SDA BOCCONI"

23/09/2021Read more

NGO Kapalak Bolalar takes part in DEBRA INTERNATIONAL 2021

23/09/2021Read more

Businesses of Uzbekistan and Kyrgyzstan sign contracts and memorandums for US$13.2 million

23/09/2021Read more

Secretary General of the General Council of Islamic Banks and Financial Institutions hold meeting at Central Bank of Uzbekistan

The Central Bank of Uzbekistan hosted a meeting with the Secretary General of the General Council of Islamic Banks and Financial Institutions (CIBFI) Abdelil Belatik.

Uzbekistan’s Khalq Bank Downgraded To ‘B+’ On Deteriorated Asset Quality; Outlook Stable

S&P Global Ratings lowered its long-term rating on Khalq Bank to ‘B+’ from ‘BB-’ and affirmed the short-term rating at ‘B’. The outlook is stable.

Audit system with participation of citizens to be introduced

A presidential decree "On measures to further improve the system of state financial control" was adopted.

The sale of gold and silver commemorative coins dedicated to the thirtieth anniversary of the State Independence of the Republic of Uzbekistan is launched

From 30 August 2021, the Central Bank of Uzbekistan starts selling commemorative coins made of gold and silver, dedicated to the 30th anniversary of the State Independence of the Republic of Uzbekistan.

Insurance contracts to be concluded only in the state language in Uzbekistan

At the eighteenth plenary meeting of the Senate of the Oliy Majlis, the Law of the Republic of Uzbekistan "On insurance activities" was discussed.

Construction of the head office of Uzpromstroybank in the Tashkent International Business Center is now fully under way

In accordance with the Decree of the President of the Republic of Uzbekistan No.3895 as of 2 August 2018 “On measures to create modern business centers in the territory of the Republic”, the construction of the Tashkent City International Business Center is underway and designed to create a new image of the capital city of Uzbekistan.

The requirement for a separate filing of an application with the tax authorities for the refund of a negative amount of VAT tax is canceled

A Presidential Resolution "On improving the administration of value added tax" was adopted.

Calculation and payment of some fees and taxes are suspended in Uzbekistan

In order to implement the tasks voiced on 20 August as part of an open dialogue between the President of the Republic of Uzbekistan and entrepreneurs, a resolution was signed "On additional measures to support the spheres of public catering and tourism."

Currency rates from 22/09/2021

$ 1 10688.10 +0.013%
€ 1 12544.62 +0.269%
₽ 1 145.97 +0.275%
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