As of 1 September 2023, the volume of gold and foreign exchange reserves of Uzbekistan exceeded US$32.69 billion, the Central Bank of Uzbekistan said in a statement.
The consolidated budget deficit of Uzbekistan made up 5.7% of GDP or 26.9 trillion soums in January-June 2023, according to the report of the Ministry of Economy and Finance on budget execution.
The Central Bank of Uzbekistan published a statement in connection with plans to tighten requirements for foreign exchange transactions for legal entities.
The Central Bank of Uzbekistan reversed its decision to tighten requirements for foreign exchange transactions for businesses. The decision to tighten requirements for foreign exchange transactions was to come into force on 18 September.
The Central Bank of Uzbekistan is tightening requirements for foreign exchange transactions for legal entities from 18 September.
FC is providing a US$10 million loan to Ipak Yuli Bank in Uzbekistan to support the bank’s lending to small and medium enterprises (SMEs), including women-owned SMEs, and promote inclusive economic growth.
At a meeting held by the Banking Supervision Committee on 12 September 2023 in order to ensure the fulfillment of the supervision tasks of the Central Bank, a decision was made on the state of concentration risk in the loan portfolio of banks.
In the modern digital world, where technology penetrates all spheres of life, cybersecurity is becoming a key issue for organizations and individual users. The era of digitalization offers enormous opportunities, but also poses threats and risks associated with fraud and cyber attacks. Financial fraud using social engineering is a common and pressing problem that poses a threat to both individuals and organizations.