Uzbekistan plans to attract a credit line of the Asian Infrastructure Investment Bank (AIIB) in the amount of US$200 million to support business entities during the coronavirus pandemic.
In December 2021, goods and services in the consumer market increased on average by 1.26%, the State Statistics Committee said in a report. In general, in 2021, the increase in prices in the consumer sector amounted to 9.98%.
Uzbekistan introduced changes and additions to the Tax Code.
The Law "On Amendments and Additions to the Tax Code of the Republic of Uzbekistan" was signed by the President of Uzbekistan on 29 December 2021. The Law introduced a special rental tax for the extraction of minerals.
Genesis Innovation became the owner of 51.05% or 18.02 billion shares of the Kafolat insurance company, according to the data of the Republican Stock Exchange "Toshkent".
The European Bank for Reconstruction and Development (EBRD) and the Asian Development Bank (ADB) will take part in the privatization of Uzpromstroybank.
Kapitalbank will buy back its shares from shareholders. This was stated in the statement of the bank.
The Law "On amendments and additions to some legislative acts of the Republic of Uzbekistan in connection with the improvement of the budgetary process" was adopted. This was reported by the Ministry of Justice.
The Central Bank of the Republic of Uzbekistan hosted a meeting of the Banking Supervision Committee of the Central Bank following the results of a case study on the provision of deposit services to individuals in commercial banks. It was attended by representatives of commercial banks.
The Asian Development Bank (ADB) and Anglesey Food Foreign Enterprise LLC (Korzinka) have signed US$12 million in debt financing to promote food security and sustain the livelihoods of more than 5,000 employees and 1,200 farm workers in Uzbekistan.