On 30 March, the Ministry of Finance of the Republic of Uzbekistan and the joint program of training on Public Expenditure Management (PEMPAL) of the World Bank held an online seminar on the topic "Development of internal audit in Uzbekistan and the experience of PEMPAL member countries."
The PAYLOAD limited liability company was issued a license to carry out the activities of a payment organization by the decree of the Board of the Central Bank.
By the decree of the Board of the Central Bank, TEZPAY limited liability company was issued a license for the right to carry out the activities of a payment organization.
Zsuzsanna Hargitai has been appointed new Managing Director, Central Asia for the European Bank for Reconstruction and Development (EBRD). In this role she will oversee the Bank’s operations in Kazakhstan, Kyrgyz Republic, Mongolia, Tajikistan, Turkmenistan and Uzbekistan, a vast and diverse region where the EBRD has invested US$16.5 billion (€13.7 billion) through almost 890 projects to date.
A resolution of the President "On additional measures carried out within the framework of programs for the development of family entrepreneurship" was adopted.
According to the State Committee on Statistics, in January-February 2021, market services in the amount of 39.14 trillion soums were provided in Uzbekistan. The nominal volume of market services increased by 4.78 trillion soums. Compared to the same period last year, the growth rate was 4.1%.
On 23 March 2021, the National Interbank Processing Center (NMPC) and the UnionPay International (UPI) payment system announced the start of cooperation. Now UnionPay cardholders will be able to pay for goods and services, as well as withdraw cash throughout Uzbekistan through HUMO terminals and ATMs.
Azhiniyaz Kaipnazarov was appointed director of the Department of International Financial Relations of the Ministry of Finance of the Republic of Uzbekistan.
A Memorandum of Understanding (MoU) has been signed by representatives of the Ministry of Finance of Uzbekistan and UNDP, which will serve to ensure better alignment of the issuance of Eurobonds with efforts to achieve the Sustainable Development Goals (SDGs), and build transparency and accountability for national public and investors. This agreement to strengthen the financing of national sustainable development has been made possible by the success of a dual tranche of Eurobonds issued in November 2020, worth US$555 million and 2 trillion Soums, respectively, with maturities in 2030 and 2023.