The volume of the total external debt of Uzbekistan as of 1 October 2021 made up US$37.6 billion, having increased by 11% or by US$3.7 billion compared to the beginning of this year, the Central bank of Uzbekistan said in a report.
As of 1 December 2021, the number of users of remote banking services in the republic exceeded 20 million people.
Uzbeks living and working in Europe have a new opportunity to send money transfers to their homeland without paying a commission. An additional convenience is that money is immediately credited to the cards of the national payment systems Uzcard and Humo. The service is provided in the KoronaPay mobile application.
The volume of Uzbekistan’s official reserves as of 1 December 2021 exceeded US$ 34.75 billion, according to data from the Central Bank.
The Ministry of Finance hosted a meeting between Minister Timur Ishmetov and an International Monetary Fund (IMF) mission led by Chaba Feher, Senior Economist at the Department of Fiscal Affairs.
The European Bank for Reconstruction and Development (EBRD) is stimulating the local production of pharmaceuticals in Central Asia’s most populous country, Uzbekistan, by extending a senior loan of up to US$5 million to local producer Nika Pharm.
Employees of one of the banks in the capital, during the evening collection and examination, revealed fake coins in the amount of 2,470 pieces with a face value of 2 Euros for a total amount of 4,940 euros. Bank employees immediately filed an application with the Tashkent City Department of Internal Affairs.
The World Bank’s Board of Executive Directors approved a US$400 million Development Policy Operation (DPO) loan to support the Government of Uzbekistan’s implementation of important economic and social reforms that will accelerate the country’s transition to an inclusive and competitive market economy.