Finance

Uzbekistan to host Annual Meeting of the European Bank for Reconstruction and Development

On 16-18 May, Samarkand will host the 32nd Annual Meeting of the Board of Governors of the European Bank for Reconstruction and Development (EBRD), under the common main theme - Investing in Resilience.

Cases of abuse of registration of checks for VAT refunds were identified

The state is creating conditions for social support for vulnerable segments of the population. One of these measures is the introduction from 1 May 2023 of a mechanism for obtaining cashback for a certain group of essential goods by returning the paid VAT (12%) to individuals included in the Unified Register of Social Protection.

Latest News

"Better Work" and "Better Cotton" standards are being introduced into the cotton and textile industry of Uzbekistan

30/05/2023Read more

Tripartite memorandum signed in China

30/05/2023Read more

Chairperson of the Senate discusses the prospects for cooperation with EU representatives

30/05/2023Read more

UZCARD and HUMO complete technical work on the integration of ATMs

United Republican Processing Center LLC, together with the National Interbank Payment System, completed technical work on the integration of ATMs of UZCARD and HUMO payment systems.

Uzpromstroybank introduces the "Budgeting" system based on SAP technologies

On 10 May, Uzpromstroybank held a presentation in Tashkent of a major project developed on the basis of SAP technologies - the Budgeting system.

The new rule on tax control of p2p transfers to be canceled

President of Uzbekistan Shavkat Mirziyoyev signed a decree on priority measures to implement the new Constitution of Uzbekistan, which envisages the abolition of tax controls on money transfers between individuals from 1 June 2023.

Foreign companies paid taxes for 32.4 billion soums

For the period January-April 2023, 42 foreign companies providing electronic services in Uzbekistan paid taxes totaling 32.4 billion soums, which is 1.6 times more than in the same period of last year, the press service of the Tax Committee of Uzbekistan said in a statement.

Specialists from Uzbekistan and Tajikistan exchange experience on tax reform

From 3 to 10 May this year, a delegation of the Ministry of Finance of the Republic of Tajikistan and the Tax Committee under the Government of the Republic of Tajikistan, with the support of the World Bank, is visiting Uzbekistan to exchange experience on reforming and digitalizing tax administration.

A license was issued for the right to carry out banking activities of YANGI BANK JSC

By a resolution of the Board of the Central Bank of the Republic of Uzbekistan, a decision was made to register the YANGI BANK joint-stock company in the city of Tashkent and issue it a license for the right to carry out banking activities, the press service of the Central Bank reports.

Uzbekistan receives US$3.1 billion worth of transfers in January-April.

In January-April 2023, Uzbekistan received money transfers in the amount of US$3.1 billion, according to a report from the Central Bank.

Works on the integration of UZCARD and HUMO are coming to an end

Work on the integration of UZCARD and HUMO payment systems is coming to an end. This was stated by the Chairman of the Central Bank of Uzbekistan Mamarizo Nurmuratov.

Currency rates from 23/05/2023

$ 1 11450.03 -0.245%
€ 1 12387.79 -0.088%
₽ 1 143.41 -0.306%
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