The Central Bank of Uzbekistan became the main seller of gold in January, reducing reserves by 11.5 tons.
Experts from the Institute for Forecasting and Macroeconomic Research (IPMI) have analysed the results of monetary reforms in 2017-2022.
Composite consumer price index (CPI) in February 2023 made 0.5% against previous month and 1.4% against December 2022. In annual terms (to February of the previous year) this index reached 12.2%. This is reported by the State Agency of Uzbekistan.
The European Bank for Reconstruction and Development (EBRD) is helping to improve the efficiency of irrigation in the Fergana Valley in Uzbekistan, the most densely populated part of Central Asia. The EBRD funds will finance necessary engineering works in three Uzbek oblasts that are heavily reliant on fresh water withdrawals from the Syr Darya river, which is largely fed by glacial melts affected by global warming.
Private Joint-Stock Bank Turkiston was declared bankrupt in line with the court decision. The press service of the Central Bank of Uzbekistan said in a statement.
The Central Bank of Uzbekistan hosted the first meeting with the Mastercard delegation, within the framework of joint memorandum.
The Central Bank of Uzbekistan hosted a meeting with the World Bank delegation to discuss the issues of large-scale development of renewable energy sources, particularly solar energy as an alternative source of energy.
From 1 April 2023 to 1 May 2024, on a pilot basis, a procedure will be introduced for the return of the income tax paid to farms specializing in the cultivation of cotton or grain to the income of their employees in the form of wages at the same time, subject to the following conditions: