Finance

Total aggregate income of the population of Uzbekistan reached 405.1 trillion soums in 2020

According to preliminary data, in January-December 2020, the total aggregate income of the population of Uzbekistan reached 405.1 trillion soums, the State Statistics Committee of Uzbekistan said.

The highest level of average monthly wages was observed in financial and insurance activities

In January - December 2020, the average monthly nominal accrued wages of employees of enterprises and organizations with the status of legal entities, excluding small businesses and agriculture (hereinafter referred to as average monthly wages) varied from one type of economic activity to another.

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On 26 January, Finance Minister Timur Ishmetov met with the head of the United Nations Children’s Fund (UNICEF) in Uzbekistan Munir Mammadzade, dedicated to strengthening the national social protection system.

State Tax Committee clarifies the situation regarding complaints from entrepreneurs

Recently, the State Tax Committee has regularly received complaints and harsh objections from business entities in connection with an increase in the monthly payment for warranty service (the so-called subscription fee) of online cash registers (online cash register machines) and virtual cash registers from the beginning of 2021.

New Deputy Chairman of the Central Bank appointed

By the decree of the President of the Republic of Uzbekistan, Abrorkhuja Akbarovich Turdaliev was appointed Deputy Chairman of the Central Bank of the Republic of Uzbekistan, the Central Bank reports.

The establishment of interbank relations is the basis for expanding cooperation

A meeting was held at the Central Bank with a delegation of the Kingdom of Saudi Arabia headed by the Minister of Investment Khalid Abdulaziz Al-Falih.

KAPITAL SUG'URTA receives the license

In accordance with the order of the Agency for the development of the Insurance Market under the Ministry of Finance of the Republic of Uzbekistan, joint-stock company "KAPITAL SUG'URTA" issued license SF series No. 00010 from 5 January 2021 for the implementation of voluntary and compulsory insurance classes 4, 6 and 17 General insurance industry.

Prices for goods can be shown in foreign currency

Amendments have been made to the law on currency regulation. Now in Uzbekistan it is allowed to peg the prices of some goods to foreign currency and conventional units.

Entrepreneurs to be able to use Ingenico terminals as an online cash register

From February 2021, entrepreneurs will be able to use Ingenico terminals operating in the HUMO system as an online cash register. This solution is primarily beneficial for micro and small businesses.

The State Tax Committee clarified who should pay excise tax for oil products

Excise duty is also imposed on gasoline, diesel fuel and gas imported for personal use.

Currency rates from 09/03/2021

$ 1 10490.65 +0.122%
€ 1 12513.25 -0.743%
₽ 1 140.52 -0.931%
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