The domestic foreign exchange market in 2021 was characterized by an increase in the volume of both demand and supply of foreign currency against the backdrop of high economic growth and favorable conditions in foreign markets, the Central Bank of Uzbekistan said.
The policy rate of the Central bank was left unchanged at the level of 14 percent per annum, in order to achieve inflation forecasts for the current year, to maintain monetary conditions that slow prices and support savings, at the background of high economic growth dynamics.
In January-December 2021, compared to the corresponding period in 2020, there was an increase in investment activity, the growth rate of development of investments in fixed assets amounted to 5.2%.
In 2021, the main factor in the formation of demand and supply for cash was the accelerated growth in retail trade compared to 2020 from 5.7 percent to 12 percent, the provision of paid services from 3 percent to 19 .2 percent, as well as an increase in wages, pensions, allowances and other payments.
The volume of allocated mortgage loans in Uzbekistan in 2021 reached 9.8 trillion. soums.
Irodakhon Abboskhonova has been appointed director of the Department of Tax and Customs Policy and Revenue Forecasting of the Ministry of Finance.
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekistan approved measures to implement the project "Financing the sustainable development of the livestock sector" with the participation of the French Development Agency (Agence Française de Développement, AFD).
Currently, there is an expansion of the types of digital financial services and an increase in the number of consumers using them. In particular, the rise in the use of digital financial services during the coronavirus pandemic has demonstrated their benefits.
The Russian company Telecominvest acquired 8.33% of the shares of JSCB Kapitalbak. This was said in a disclosure statement of the company.
The Board of the Central Bank approved general principles for responsible lending, which are advisory in nature for use in the activities of commercial banks and microcredit organizations in relation to the provision of consumer loans and microloans to individuals.