At the new stage of the country’s development, the role of qualified personnel in the financial system is growing immeasurably, and the requirements for employees of the financial system are increasing.
On 19 November, at the site of the Center for Economic Research and Reforms (CERR) under the Presidential Administration of the Republic of Uzbekistan, a new edition of the draft Tax Code (NK) was discussed in the Open Space format.
The list of state trust funds included in the Consolidated Budget of the Republic of Uzbekistan was approved.
The President’s Decree “On improving monetary policy with a phased transition to inflation targeting” was adopted.
Fitch Ratings has assigned Uzbek Industrial and Construction Bank Joint-Stock Commercial Bank (UICB) planned senior unsecured Eurobond issue an expected long-term rating of ‘BB-(EXP)’.
A training course for tax officials on changes in tax legislation on the administration of value added tax was held at the State Tax Committee. This was reported by the press service of the State Tax Committee.
A few days ago, an event was held at the Central Bank of the Republic of Uzbekistan with the participation of State Advisor to the President of the Republic of Uzbekistan R. Gulamov and Chairman of the Senate Committee of the Oliy Majlis on budget and economic reforms M. Jumagaldiyev, promoting the tasks assigned to banking system, as well as laws relating to this area and their implementation in practice.
On 14 November, Westminster International University in Tashkent, University of Westminster in London and the Institute for fiscal studies under the Ministry of Finance held the International Conference “On the current state and evolution of integrated financial services sector Uzbekistan”.
S&P Global Ratings today assigned its ‘BB-’ long-term issue rating to the U.S. dollar-denominated senior unsecured notes to be issued by Uzbekistan-based Uzpromstroybank (Uzbek Industrial and Construction Bank). “The rating is subject to our analysis of the notes’ final documentation,” the agency said.
On 16 November, the State Tax Committee hosted a training for managers, chief accountants of business entities, as well as individual entrepreneurs on the topic “The Procedure for Applying Value Added Tax,” the State Tax Service Press Service reports.