Finance

The volume of received remittances for 8 months makes up US$4.9 billion

The basic rate of the Central Bank was left unchanged at 14% per annum in order to achieve a balance between reducing inflation to 10% by the end of the year and simultaneously maintaining economic activity in the context of persisting pro-inflationary factors and risks, as well as uncertainties about the extent of their impact.

Uzbek President announced a reduction in VAT to 12% from 2023

At the X Congress of the Liberal Democratic Party of Uzbekistan (UzLiDeP) on 9 September, Shavkat Mirziyoyev, noting the reforms implemented in the country over the five years of his presidency, presented an election program called the "New Uzbekistan Strategy".

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President departs for Tajikistan

16/09/2021Read more

The course of cooperation between Uzbekistan and Great Britain in the investment, trade and economic spheres was considered

15/09/2021Read more

Amendments and additions have been made to the Tax Code

15/09/2021Read more

151 billion tenge sent from Kazakhstan to Uzbekistan in seven months

In January-July of this year, Uzbekistan received remittances from Kazakhstan in the amount of about 151 billion tenge (US$352.73 million).

XVIII meeting of the Coordinating Council for Accounting of the CIS member States

On 7 September 2021, the Ministry of Finance of the Republic of Uzbekistan took part in a videoconference format at the XVIII meeting of the Coordinating Council for Accounting of the CIS member States (Russian Federation).

Financial penalties for late filing of tax returns to be lifted

President of Uzbekistan Shavkat Mirziyoyev signed a decree “On measures to create more favorable conditions for business entities in the fulfillment of tax obligations.”

The state debt of Uzbekistan makes up US$24.2 billion.

The state debt of Uzbekistan as of 1 July 2021 made up US$24.2 billion, or 38.5% of the gross domestic product (GDP). This was reported by the Ministry of Finance of Uzbekistan.

CBU, Mastercard organize online training Girls4Tech

The Central Bank of Uzbekistan, together with Mastercard, organized an online training Girls4Tech training for girls aged 10-14 years in order to develop girls' leadership and technological skills based on STEM principles (Science, Technology, Engineering and mathematics).

Financing of international development banks in CA countries. 2020

According to the quarterly reviews of the Eurasian Development Bank based on information from 15 international development banks, in 2020, international financial institutions approved financing in Central Asian countries in the amount of more than US$8.3 billion - one and a half times more than in 2019. This is reported by Ranking.kz

Ministry of Finance of Uzbekistan and the Islamic Development Bank signed agreements within the framework of number of projects

In accordance with the resolution of the President of the Republic of Uzbekistan PP - 5628 from 10 February 2021 “On holding the annual conference of the Board of Directors of the Islamic Development Bank in Uzbekistan in 2021”, the 46th Annual Conference of the Islamic Development Bank was held in Tashkent on 31 August - 4 September 2021.

Kapitalbank attracts a line of financing of the Islamic Corporation for the Development of the Private Sector

Kapitalbank concluded an agreement with the Islamic Corporation for the Development of the Private Sector (ICD) on attracting a line of financing for the development of small businesses.

Currency rates from 15/09/2021

$ 1 10686.62 +0.328%
€ 1 12625.17 +0.515%
₽ 1 146.54 +0.342%
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