Finance

Uzbek Finance Minister holds online meeting with EBRD officials

On 6 May, the Minister of Finance of the Republic of Uzbekistan Timur Ishmetov held a meeting with representatives of the European Bank for Reconstruction and Development in the format of a video conference.

Uzpromstroybank becomes the winner of the international competition "SAP QUALITY AWARD-2021"

Uzpromstroybank’s project "Development and implementation of a budgeting system" in the "SAP Quality Awards" competition, held among the CIS countries, was recognized as the winner in the "Digital Evolution" nomination.

Latest News

Effectiveness of reforms in public services presented to Uzbek leader

10/05/2021Read more

The Judicial Collegium of the Supreme Court announces a verdict in the of Sardobin reservoir case

10/05/2021Read more

The 8th meeting of the Uzbek-French Intergovernmental Commission on Trade and Economic Cooperation takes place in Tashkent

10/05/2021Read more

State Tax Committee proposes to introduce mandatory declaration of income and assets of tax officials

The State Tax Committee of Uzbekistan has developed a draft regulatory legal act providing for the establishment of a mandatory requirement for the annual submission of income and asset declarations by tax officials.

Uzbekistan is dramatically changing the system of payment of pensions

The process of assigning state pensions is being simplified and the system for delivering pensions and benefits will be improved. This is stipulated by the presidential decree "On measures to further simplify the process of assigning state pensions and improve the system for delivering pensions and benefits to citizens."

The supervisory system of the Central Bank to be improved with the help of SupTech

As part of comprehensive financial sector reforms, the Central Bank of the Republic of Uzbekistan, with technical assistance from World Bank experts, initiated a multi-stage transformation program to expand its supervisory capabilities using innovative technologies and SupTech solutions.

Foreign IT companies paid 4.3 billion soums to the state budget of Uzbekistan

In the first quarter of 2021, foreign companies providing electronic services paid 4.3 billion soums to the state budget of Uzbekistan as value added tax (VAT). This was reported by the State Tax Committee.

JP Morgan Development Finance Institution reflected Uzbekistan’s local currency Eurobond transaction in its 2020 annual report

On 27 April, the JP Morgan Development Finance Institution (JP Morgan DFI) published its 2020 annual report. This report also specifies the first issuance of local currency denominated Eurobonds of the Republic of Uzbekistan, which was issued on 19 November 2020 with "Development Finance Qualification". According to the assessment, it is marked as an international transaction with a "high level" of influence on development.

Goods and services in the consumer market of Uzbekistan increases by 1.5%,

In April 2021, goods and services in the consumer market of Uzbekistan increased on average by 1.5%, the State Statistics Committee of Uzbekistan said.

Collected insurance premiums in 2020 reaches 2.34 trillion. soums

The collected insurance premiums by insurance companies of Uzbekistan in 2020 amounted to 2.34 trillion. soums. This was reported by the State Statistics Committee of Uzbekistan.

The Bank of Russia and the Capital Market Development Agency of Uzbekistan sign an agreement on the admission of securities

The Bank of Russia and the Agency for the Development of the Capital Market of the Republic of Uzbekistan on 23 April 2021 signed an Agreement on the procedure for interaction between the Central Bank of the Russian Federation and the Agency for the Development of the Capital Market of the Republic of Uzbekistan on the placement and circulation of securities.

Currency rates from 11/05/2021

$ 1 10529.73 +0.170%
€ 1 12808.36 +0.875%
₽ 1 142.32 +0.338%
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