Finance

New edition of the national accounting standard adopted

The Ministry of Finance has developed a new edition of the National Accounting Standard of the Republic of Uzbekistan (NSBU No. 4) “Inventories”. The draft document was discussed on the portal of draft regulatory legal acts of the Republic of Uzbekistan and finalized on the basis of proposals and comments.

Uzbekistan receives the volume of cross-border transfers for US$2.4 billion.

The volume of cross-border transfers received in Uzbekistan made up US$2.4 billion, decreasing by US$156 million or 6% compared to the same period of the previous year. This was reported by the Central Bank of Uzbekistan.

Latest News

Ministry of Health reports on the increase in coronavirus infected in Uzbekistan

05/08/2020Read more

About 63% of those admitted to the Medical School of AKFA University are residents of Tashkent

05/08/2020Read more

Meeting of the Advisory Board of the IFC project on the development of socially responsible and environmentally sustainable cotton production in Uzbekistan takes place

05/08/2020Read more

Uzbekistan plans to attract a loan of US$200 million for the modernization of the healthcare system

Uzbekistan may attract new loans worth US$200 million to modernize the health care system and the sanitary-epidemiological service.

Uzbekistan sets the procedure for tax audit

The State Tax Committee of Uzbekistan adopted the “Regulation on the conduct of tax audits”.

ADB President, Deputy Prime Minister of Uzbekistan Discuss Partnership and Ongoing COVID-19 Support

Asian Development Bank (ADB) President Masatsugu Asakawa and Uzbekistan’s Deputy Prime Minister, Minister of Investments and Foreign Trade, and ADB Governor Sardor Umurzakov today discussed ADB’s ongoing support for Uzbekistan’s fight against the coronavirus disease (COVID-19) pandemic and the bank’s portfolio of projects in the country.

Central Bank of Uzbekistan upgrades the entire range of IT equipment

In order to ensure the full functioning of the Humo payment system integrated with Mastercard, Visa, UnionPay and others, the Central Bank of the Republic of Uzbekistan upgraded the entire complex of IT equipment manufactured by the world famous IBM used in head office of the bank.

Investment agreement between Uzbekistan and Turkey enters into force

On 9 July 2020, an intergovernmental agreement on mutual promotion and protection of investments between Uzbekistan and Turkey entered into force.

International treaty between Uzbekistan and Turkey on avoidance of double taxation of income entered into force

On 9 July 2020, a protocol on amendments and additions to the intergovernmental Agreement on Avoiding Double Taxation of Income from 8 May 1996, signed during the visit of the President of the Republic of Uzbekistan to the Republic of Turkey on 25 October 2017, entered into force.

World Bank provides US$500 million for agricultural modernization in Uzbekistan

On 11 July 2020, in a video conference format, a ceremony of signing a loan agreement with the World Bank for a total of US$500 million for the implementation of a project to modernize agriculture in Uzbekistan was held.

Head of Department of Affairs of the Ministry of Finance appointed

Dilshodbek Bulanov was appointed head of the department of affairs of the Ministry of Finance.

Currency rates from 04/08/2020

$ 1 10209.86 +0.021%
€ 1 12021.09 +1.051%
₽ 1 137.46 -3.449%
Other currencies »