Finance

Deputies discussed the report on the execution of the State budget and budgets of state trust funds for the first half of 2020

On 26 August 2020, at a regular meeting of the Legislative Chamber of the Oliy Majlis of the Republic of Uzbekistan, the deputies considered the report on the execution of the State budget of the Republic of Uzbekistan and the budgets of state trust funds for the first half of 2020 submitted by the Cabinet of Ministers.

One-time financial assistance for 500,000 soums for each child will be provided

Today, the President of the Republic of Uzbekistan Shavkat Mirziyoyev signed a resolution “On additional measures for social support of the population”, which is aimed at mitigating the negative impact of the coronavirus pandemic.

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Draft measures for the widespread introduction of the digital economy and e-government in the banking sector were discussed

On 25 August 2020, the Ministry for the Development of Information Technologies and Communications of the Republic of Uzbekistan held an online meeting dedicated to the implementation of projects envisaged by the President's resolution No. PP-4699 from 28 April 2020 “On measures for the widespread introduction of digital economy and electronic government”.

A license for the right to carry out banking activities was issued to ANOR BANK JSC

The Central Bank of the Republic of Uzbekistan issued a license for the right to carry out banking activities to ANOR BANK JSC.

Banknotes of 200 and 500 soums can be exchanged at the cash desks of commercial banks until 29 August

It is known that from 1 July 2020, banknotes with a face value of 200 soums of the 1997 design and banknotes of 500 soums of the 1999 design have lost their validity as legal tender (according to the regulation of the Ministry of Justice, reg. from 19 May 2018).

Turonbank launches two new soum deposits

Turonbank has launched two new soum deposits: Manfaatli and Convenient-Kulay. Both deposits are available for opening online or in cash at a branch.

The Strategy for improving the public finance management system of the Republic of Uzbekistan for 2020-2024 was approved.

A Resolution of the Cabinet of Ministers of the Republic of Uzbekistan "On approval of the Strategy for improving the public finance management system of the Republic of Uzbekistan for 2020-2024" was signed.

The State Tax Committee launches a Telegram-bot feedback on the refund of VAT tax

The State Tax Committee is launching a Telegram feedback bot for taxpayers who have encountered problems with reimbursing (refunding) the amount of value-added tax.

UZCARD switches to new principles of business introduction

After the change in the composition of the founders, the Single Republican Processing Center (SRPC) has radically changed the strategy for introducing business and outlined the principles of development - openness, cooperation and joint achievement of goals with partners. This was reported by the press service of UZCARD.

Uzbekistan is preparing to launch the first solution for accepting contactless payments based on Visa Tap to Phone technology

MayaSoft, a startup from Uzbekistan, one of the winners of the Visa Everywhere Initiative competition, has begun developing the first contactless payment solution in Uzbekistan based on Visa Tap to Phone technology. -

Currency rates from 15/09/2020

$ 1 10295.33 +0.206%
€ 1 12194.82 +0.265%
₽ 1 137.65 +1.005%
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