In April 2019, consumer prices for goods and services in Uzbekistan increased by an average of 0.9%. This was reported by the State Statistics Committee of Uzbekistan.
S&P Global Ratings raised its long- and short-term issuer credit ratings on Uzbekistan-based Kapitalbank to ‘B-/B’ from ‘CCC+/C’. The outlook is stable.
State tax authorities are studying the situation with developers who recently met with Tashkent khokim. During the meeting, it was stated that entrepreneurs lowered the cost of houses in the contracts of sale.
Seven banks of Uzbekistan are issuing Uzcard-UnionPay cobaging cards.
S&P Global Ratings raised to ‘B-/B’ from ‘CCC+/C’ its long- and short-term issuer credit ratings on Turkiston Bank. The outlook is stable.
The State Tax Committee (STC) denied rumors about the “difficult working conditions” of the tax officers of Uzbekistan.
The Board of the Central Bank of the Republic of Uzbekistan on 2 and 4 April 2019 decided to issue licenses for the right to carry out activities to microcredit organizations to Microcredit Organization Mador Life Kokand, Microcredit Organization Invest Hamkor Plus, Microcredit Organization Baraka Madad Finans and Microcredit Organization Olmaliq Zamin Kredit.
In January-March 2019, Uzbekistan mastered 29.88 trillion soums of investments in fixed assets, of which 68.7%, or 20.52 trillion soums were raised funds, as well as 31.3%, or 9.36 trillion soums - own funds of enterprises and organizations.
Within the framework of cooperation between the Ministry of Finance of the Russian Federation and the Ministry of Finance of the Republic of Uzbekistan, expert consultation workshops, round tables and meetings on topical issues of formation of the compulsory health insurance system in Uzbekistan were held in Tashkent on 23-25 April.