Finance

Financing of international development banks in CA countries. 2020

According to the quarterly reviews of the Eurasian Development Bank based on information from 15 international development banks, in 2020, international financial institutions approved financing in Central Asian countries in the amount of more than US$8.3 billion - one and a half times more than in 2019. This is reported by Ranking.kz

Ministry of Finance of Uzbekistan and the Islamic Development Bank signed agreements within the framework of number of projects

In accordance with the resolution of the President of the Republic of Uzbekistan PP - 5628 from 10 February 2021 “On holding the annual conference of the Board of Directors of the Islamic Development Bank in Uzbekistan in 2021”, the 46th Annual Conference of the Islamic Development Bank was held in Tashkent on 31 August - 4 September 2021.

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Kapitalbank attracts a line of financing of the Islamic Corporation for the Development of the Private Sector

Kapitalbank concluded an agreement with the Islamic Corporation for the Development of the Private Sector (ICD) on attracting a line of financing for the development of small businesses.

Timur Ishmetov meets with representatives of the Ministry of Finance of the Sultanate of Oman

On 3 September, in the Ministry of Finance of the Republic of Uzbekistan Timur Ishmetov held a meeting with representatives of the Ministry of Finance of the Sultanate of Oman, who arrived as part of the 46th annual meeting of the Board of Governors of the Islamic Development Bank (IDB).

Uzbek, Egyptian FMs discuss tax and customs administration issues

On 3 September 2021, Finance Minister Timur Ishmetov met with Finance Minister of the Arab Republic of Egypt Mohammed Maait, who arrived in Tashkent within the framework of the 46th annual meeting of the Board of Governors of the Islamic Development Bank (IDB).

Why has Islamic finance not been fully implemented in Uzbekistan?

Deputy Minister of Economic Development and Poverty Reduction Ilkhom Norkulov, after a report on a new era of economic development in Uzbekistan, answered questions from participants at the International Congress Center in Tashkent as part of the annual meeting of the Board of Governors of the Islamic Development Bank (IDB) panel session.

ITFC signs an agreement with a number of banks in Uzbekistan to provide financing for USD 15 million

An event organized by the International Islamic Trade and Finance Corporation (ITFC) for partner organizations in the CIS region was held on 1 September as part of the 46th annual meeting of the IDB group.

Discussion on the insurance division of the IDB High Level Panel of Experts takes place in Tashkent

Within the framework of the forum, the Islamic Corporation for Insurance of Investments and Export Credit (ICIEC), the insurance division of the Islamic Development Bank Group (IDB), held a discussion of a high-level expert group (HEG). The annual meeting of the IDB group in 2021, held at the Tashkent City Congress Hall, is dedicated to discussing the role of public-private partnerships (PPPs) in attracting investments in the post-COVID period.

Increase in prices in the consumer sector amounted to 4.8% - State Statistics Committee of Uzbekistan

In August 2021, goods and services in the consumer market in Uzbekistan increased on average by 0.5%. Since the beginning of this year, the increase in prices in the consumer sector amounted to 4.8% with an average monthly value of 0.6%. In annual terms, the CPI growth reached 11.1%.

Islamic Development Bank Launches Resilience Index to Aid in COVID-19 Recovery

The Islamic Development Bank (IsDB), the AAA-rated Multilateral Development Bank of the Muslim world, has launched a new Resilience Index in order to help policymakers create mechanisms that support economic resilience.

Currency rates from 17/09/2021

$ 1 10681.06 -0.233%
€ 1 12572.68 -0.689%
₽ 1 147.49 +0.061%
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