Finance

Deputy Prime Minister holds meeting with World Bank officials

Deputy Prime Minister of the Republic of Uzbekistan - Minister of Finance Jamshid Kuchkarov held a meeting with the World Bank Vice President for Europe and Central Asia, Cyril Muller, who is in Uzbekistan on an official visit.

Uzbekistan, US financial bodies ink memorandum of understanding

On 17 July 2019, a delegation of Uzbekistan met with representatives of the U.S. Department of the Treasury led by Deputy Assistant Secretary for Technical Assistance Policy Larry McDonald.

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Deputy Prime Minister holds meeting with World Bank officials

19/07/2019Read more

WB imposes sanctions against Uzbek company, citizen

On 17 July 2019, the World Bank’s Chief Suspension and Debarment Officer (the “SDO”) imposed a three-year debarment with conditional release on OOO Fides Solutions (“Fides Solutions”) and Mr. Ravshan Rizametov (“Mr. Rizametov”) pursuant to a Notice of Uncontested Sanctions Proceedings in Sanctions Case No. 588.

Russia to send funds to improve the tax system of Uzbekistan

Russia will send 515.13 million rubles (more than US$8.1 million) in the form of free technical assistance for the development of the tax administration system in Uzbekistan in 2019-2020.

Gapzrombank is ready to finance energy projects in Uzbekistan

Ambassador of Uzbekistan Dilyor Khakimov met with the General Director at Gazprombank Luxembourg Dmitry Derkatch and his first deputy Sergey Nekrasov.

Uzcard and Uzcard – UnionPay cards start to accept money transfers via UNISTREAM

Recently, an agreement was reached on the implementation of the UNISTREAM international money transfer system in the Republic of Uzbekistan.

Acting director of State Foundation for support of development of entrepreneurial activity

The Government of Uzbekistan appointed an acting director of State Foundation for support of development of entrepreneurial activity.

International Finance Corporation and Ipoteka-Bank launch a new stage of cooperation

Board of Directors of the International Finance Corporation approved a credit line for US$35 million to Ipoteka Bank, which is convertible to the bank shares.

AIIB can finance projects for US$600m in Uzbekistan

On 13 July, Minister of Investment and Foreign Trade of Uzbekistan Sardor Umurzakov held a meeting with President of the Asian Infrastructure Investment Bank (ABII) Jin Liqun on the sidelines of the Annual Meeting of the Board of Governors of the Bank in Luxembourg.

A delegation of Uzbekistan meets with the head of AIIB

On 13 July 2019, a delegation of Uzbekistan led by Minister of Investment and Foreign Trade Sardor Umurzakov, in the framework of participation in the annual conference of the Asian Infrastructure Investment Bank (AIIB), held talks with President Jin Liqun.

Currency rates from 16/07/2019

$ 1 8584.50 +0.072%
€ 1 9673.87 +0.473%
₽ 1 136.34 +1.353%
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