The European Bank for Reconstruction and Development (EBRD) is supplying fresh funds and creating new growth opportunities for grassroots businesses in Uzbekistan by providing a financial package of US$10 million to one of the country’s largest private lenders, Ipak Yuli Bank.
Chairman of the State Tax Committee of the Republic of Uzbekistan Sherzod Kudbiev said that the practice of regularly publishing information on the performance of tax authorities has been established on the social media page of the State Tax Committee.
In November 2022, the average price level in the consumer market of Uzbekistan increased by 1.3%, the State Statistics Committee of Uzbekistan said.
A draft law "On amendments and additions to the Tax Code of the Republic of Uzbekistan, in connection with the improvement of certain rules for the procedure for calculating taxes" has been submitted for discussion.
The name of BANK APELSIN joint-stock company has been changed to UZUM BANK joint-stock company.
A training seminar was held at the Central Bank of Uzbekistan, organized jointly with the international consulting company Deloitte, to discuss issues of sanctions compliance.
On 22 November, Continent Insurance LLC acquired 15.69% of the shares of Kapitalbank for 63.9 billion soums by concluding a direct agreement on the over-the-counter market, i.e. at par value of the shares.
Uzpromstroybank in the competition "Best Employer of the Year" became the absolute winner in the nomination "The most stable organization".
Experts from the Institute for Forecasting and Macroeconomic Research (IPMI) predicted changes in the base and seasonal inflation variable (prices for fruits and vegetables) for 2023.
Uzbekistan plans to improve the quality of work and administrative management processes in ministries and agencies, including the introduction of the international standard of quality management system (ISO:9001) to the activities of ministries and agencies.