In September 2020, the average level of consumer prices and tariffs in Uzbekistan increased by 1.4%, the State Statistics Committee of Uzbekistan said.
Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov in the format of a video conference held talks with the Acting President of the European Bank for Reconstruction and Development (EBRD) Jurgen Rigterink on cooperation between the Republic of Uzbekistan and the EBRD.
Resolution of the President of the Republic of “On measures to further develop the sphere of tax consulting” from 30 September 2020 was adopted in order to develop the institution of tax consulting and improve tax administration.
The European Bank for Reconstruction and Development (EBRD) is supporting the business activity of local small and medium-sized enterprises (SMEs) in Uzbekistan affected by the coronavirus pandemic.
It is a mistake to believe that only entrepreneurs pay taxes. Ordinary citizens, or speaking in legal language - individuals - also have a duty to the state. Article 51 of the Constitution of the Republic of Uzbekistan states: “Citizens are obliged to pay taxes and local fees established by law”.
An online video conference was held between the Central Bank and experts of the World Bank to discuss the work carried out in the field of combating money laundering and financing of terrorism (AML / CFT).
The Asian Development Bank (ADB) today approved a US$200 million policy-based loan to strengthen Uzbekistan’s power sector by improving its financial sustainability and ensuring adequate investment in critical infrastructure.
On 17 September 2020, the procedures for the entry into force of the "Convention between Japan and the Republic of Uzbekistan on Taxation", signed in December 2019 by the Ambassador Extraordinary and Plenipotentiary of Japan to the Republic of Uzbekistan EP Mr. Yoshinori Fujiyama and the Minister of Foreign Affairs of the Republic of Uzbekistan EP Mr. Abdulaziz Kamilov, were completed.
In the system of JSCB "Uzpromstroybank", together with local and foreign organizations, the anti-corruption policy will be radically revised, and an anti-corruption system operating on the basis of international standards will be introduced, the activities of an independent structure subordinate only to the Bank’s Council will be established.
In the implementation of large-scale reforms in the further development of the economy of our country, the creation of a number of facilities for society using modern Information Systems is of great importance at the present time.