Finance

Timur Ishmetov meets with representatives of the Ministry of Finance of the Sultanate of Oman

On 3 September, in the Ministry of Finance of the Republic of Uzbekistan Timur Ishmetov held a meeting with representatives of the Ministry of Finance of the Sultanate of Oman, who arrived as part of the 46th annual meeting of the Board of Governors of the Islamic Development Bank (IDB).

Uzbek, Egyptian FMs discuss tax and customs administration issues

On 3 September 2021, Finance Minister Timur Ishmetov met with Finance Minister of the Arab Republic of Egypt Mohammed Maait, who arrived in Tashkent within the framework of the 46th annual meeting of the Board of Governors of the Islamic Development Bank (IDB).

Latest News

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

Why has Islamic finance not been fully implemented in Uzbekistan?

Deputy Minister of Economic Development and Poverty Reduction Ilkhom Norkulov, after a report on a new era of economic development in Uzbekistan, answered questions from participants at the International Congress Center in Tashkent as part of the annual meeting of the Board of Governors of the Islamic Development Bank (IDB) panel session.

ITFC signs an agreement with a number of banks in Uzbekistan to provide financing for USD 15 million

An event organized by the International Islamic Trade and Finance Corporation (ITFC) for partner organizations in the CIS region was held on 1 September as part of the 46th annual meeting of the IDB group.

Discussion on the insurance division of the IDB High Level Panel of Experts takes place in Tashkent

Within the framework of the forum, the Islamic Corporation for Insurance of Investments and Export Credit (ICIEC), the insurance division of the Islamic Development Bank Group (IDB), held a discussion of a high-level expert group (HEG). The annual meeting of the IDB group in 2021, held at the Tashkent City Congress Hall, is dedicated to discussing the role of public-private partnerships (PPPs) in attracting investments in the post-COVID period.

Increase in prices in the consumer sector amounted to 4.8% - State Statistics Committee of Uzbekistan

In August 2021, goods and services in the consumer market in Uzbekistan increased on average by 0.5%. Since the beginning of this year, the increase in prices in the consumer sector amounted to 4.8% with an average monthly value of 0.6%. In annual terms, the CPI growth reached 11.1%.

Islamic Development Bank Launches Resilience Index to Aid in COVID-19 Recovery

The Islamic Development Bank (IsDB), the AAA-rated Multilateral Development Bank of the Muslim world, has launched a new Resilience Index in order to help policymakers create mechanisms that support economic resilience.

Islamic Countries Seek Joint Response to COVID-19 Challenges at IsDB Annual Meeting

Ministers and senior officials from 57 countries have gathered today in Tashkent, Uzbekistan for the annual meetings of the Islamic Development Bank Group, which comprises the Muslim world's premier multilateral financial institutions. In addition, more than 2,000 participants of business, experts, and media representatives join the events during 1-4 September 2

Secretary General of the General Council of Islamic Banks and Financial Institutions hold meeting at Central Bank of Uzbekistan

The Central Bank of Uzbekistan hosted a meeting with the Secretary General of the General Council of Islamic Banks and Financial Institutions (CIBFI) Abdelil Belatik.

Uzbekistan’s Khalq Bank Downgraded To ‘B+’ On Deteriorated Asset Quality; Outlook Stable

S&P Global Ratings lowered its long-term rating on Khalq Bank to ‘B+’ from ‘BB-’ and affirmed the short-term rating at ‘B’. The outlook is stable.

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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