Finance

The share of utilized investments from the republican budget was 6.5%

In January-December 2020, according to the State Statistics Committee of Uzbekistan, the share of utilized investments from the republican budget made up 6.5% of the total investment in fixed assets.

On average, goods and services in the consumer market become more expensive by 0.6%

In February 2021, goods and services in the consumer market in Uzbekistan increased on average by 0.6%. For the first two months of this year, the increase in prices for them amounted to 1.7% with an average monthly value of 0.8%. In annual terms, the CPI growth reached 11.4%. This was reported by the State Statistics Committee of Uzbekistan.

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Entrepreneurs of Uzbekistan and the Russian Federation discuss the development of bilateral relations

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Foreign ministers of Uzbekistan and the Russian Federation hold talks in Moscow

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Uzbekistan’s public debt grows to US$23.3 billion

The state debt of Uzbekistan attracted under state guarantees in external and internal markets, as of 1 January 2021, made up US$23.3 billion or 40.4% of GDP. This was reported by the Ministry of Finance of Uzbekistan.

Deputy Head of the State Assay Office under the Ministry of Finance appointed

Umid Pazilkhanov was appointed to the post of deputy head of the State Assay Office under the Ministry of Finance of the Republic of Uzbekistan.

Uzbek President signs the law “On audit activity”

The President of Uzbekistan Shavkat Mirziyoyev signed the Law “On audit activity” (№ LRU-677, February 25, 2021).

Uzbek Finance Minister holds talks with Sberban delegation

On 25 February, the Minister of Finance of the Republic of Uzbekistan Timur Ishmetov met with representatives of Sberbank, headed by Deputy Chairman of the Management Board Anatoliy Popov, to discuss issues of interaction with the Ministry of Finance of the Republic of Uzbekistan.

Fitch Ratings Publishes Uzbekistan Banking Sector Update Presentation

Fitch Ratings has published a presentation focusing on the challenges facing Uzbek banks in the current operating environment.

STC: The facts of illegal offset of VAT amounts are confirmed

Based on requests from taxpayers to study transactions carried out with "dubious" enterprises, the State tax authorities are organizing an expedited desk audit, the State Tax Committee of Uzbekistan said.

Head of State Tax Committee meets with businesspeople

At the Palace of Youth Creativity in Tashkent, the Chairman of the State Tax Committee Sherzod Kudbiev met with a group of active entrepreneurs - about 50 people who faced the problem of reducing tax amounts to be paid to the budget and illegal acceptance of amounts for offset VAT.

IMKAN-Insurance receives a 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, the Limited Liability Company "IMKON-SUG'URTA" was issued a license of the SF series No. 00013 dated February 23, 2021, for the implementation of voluntary and compulsory insurance by class 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16 and 17 branches of general insurance, including compulsory insurance of civil liability of vehicle owners, compulsory insurance of the employer's civil liability and compulsory insurance of the carrier's civil liability.

Currency rates from 03/03/2021

$ 1 10500.03 -0.162%
€ 1 12607.39 -0.428%
₽ 1 140.70 -0.811%
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