Finance

IsDB and Uzbekistan sign US$396.7 million financing agreements to boost infrastructure, rural development, and early childhood education

Islamic Development Bank (IsDB) President and Group Chairman, H.E. Dr. Muhammad Al Jasser, and Uzbekistan Minister of Investments, Industry, and Trade, H.E. Mr. Laziz Kudratov, have signed three financing agreements to support the development of critical infrastructure and social services in Uzbekistan. These agreements aim to promote sustainable economic growth, enhance rural development, and improve early childhood education in the country.

Rising popularity of bank deposits, the role of inflation and lending - topics covered at the Tashkent International Investment Forum

On 27 April, a round table on "Modern Monetary Policy: Full Employment, Stable Prices, and Economic Growth" was held as part of the first day of the Tashkent International Investment Forum.

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A memorandum of understanding was signed between the Agency for Innovative Development and the Italian Polytechnic University of Turin

09/06/2023Read more

Products under the brand "Made in Uzbekistan" presented in Sochi

09/06/2023Read more

The official visit of the President of Uzbekistan to Italy ended

09/06/2023Read more

Experts of investment forum believe that the future belongs to digital money

On the first day of the Tashkent International Investment Forum, a panel discussion on the topic "Digital Money: A Look into the Future" was held.

Additional loans are allocated for the development of family business

Resolution of the Cabinet of Ministers “On additional measures to improve the provision of loans and increase permanent sources of income for the population as part of the Family Business Development Program” was adopted.

The amount of cashback paid to consumers exceeded 1 trillion soums

In March, about 2.2 million consumers accumulated 118 billion soums of cashback.

Mastercard representatives held a meeting at the Central Bank

As part of a study conducted on the basis of a joint memorandum, another meeting was held between the Mastercard international payment system and the Central Bank of Uzbekistan.

ADB operations reach US$20.5 billion in 2022, addressing crises, building resilience

The Asian Development Bank (ADB) committed US$20.5 billion from its own resources in 2022 to help Asia and the Pacific continue its recovery from the COVID-19 pandemic despite fresh economic headwinds and crises.

ADB to finance integrated urban development program in Uzbekistan

The President of Uzbekistan signed a resolution "On measures to implement the project "Comprehensive Development of Cities of the Republic of Uzbekistan" with the participation of the Asian Development Bank."

Banks of Uzbekistan to gradually increase the size of the authorized capital

Commercial banks of Uzbekistan will gradually increase the size of their authorized capital.

Acceptance of applications for participation in the Visa Everywhere Initiative opens in Uzbekistan

The call for applications for participation in the Visa Everywhere Initiative 2023 (VEI), a global open innovation competition in which startups present their cutting-edge products to meet the challenges of the future in payments and commerce, was opened in Uzbekistan. Applications will be accepted until 14 May on the website.

Currency rates from 05/06/2023

$ 1 11427.01 +0.155%
€ 1 12303.46 +0.697%
₽ 1 141.34 +0.021%
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