Russian banks intend to buy out state shares in the authorized capital of two banks in Uzbekistan. Deputy Prime Minister of Uzbekistan Jamshid Kuchkarov spoke about this at the II International Financial and Banking Forum of the Member States.
The state debt of Uzbekistan as of 1 October 2021 reached US$25.2 billion, or 38.4% of the gross domestic product (GDP). This was reported by the Ministry of Finance of Uzbekistan.
The Russian company Telecominvest, a subsidiary of Alisher Usmanov’s USM Holding Company, has acquired shares in Kapitalbank.
On 24 November 2021, First Deputy Finance Minister Omonullo Nasritdinxodjayev met with representatives of Mashreq Bank, the oldest private bank in the UAE, headed by James Pearson, Global Head of Financial Institutions.
The II International Financial and Banking Forum of the CIS member states will be held in Tashkent on 26 November 2021.
On 23 November, with the initiative of the United Nations Development Program and in cooperation with the Ministry of Finance, an international conference was held on the topic "SDGs and new tools for the mobilization of resources".
The Central Bank of Uzbekistan authorized the operation of the GlobalPay electronic money system.
A number of decrees and resolutions of the President were adopted, aimed at ensuring sustainable development of our national economy, strengthening financial discipline, protecting consumer rights and supporting entrepreneurship.
During his stay in the Russian Federation, Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov held a meeting with Chairman of the Board of the Eurasian Development Bank Nikolai Podguzov.