Khalq Bank (the People’s Bank) of Uzbekistan, as a borrower, signed an agreement with Deutsche Bank AG (Germany) for a credit line in the amount of 1.54 trillion soums.
In order to fulfill the tasks assigned to the Ministry of Finance for the methodological support of the activities of the internal audit and financial control services of ministries and departments, stipulated in the Decree of the President of the Republic of Uzbekistan No. PP-3231 "On further improvement of the financing of educational and medical institutions along with the system of state financial control" dated August 21, 2017, the Ministry of Finance and the Institute for Fiscal studies held a webinar on the topic “International theoretical and practical experience of internal control systems” for representatives of internal audit and financial control services.
President of Uzbekistan Shavkat Mirziyoyev approved an intergovernmental agreement between Uzbekistan and Germany on the creation of a local bureau of the Credit Institute for Economic Recovery (KfW) in Tashkent.
In September 2020, the average level of consumer prices and tariffs in Uzbekistan increased by 1.4%, the State Statistics Committee of Uzbekistan said.
Deputy Prime Minister - Minister of Investments and Foreign Trade of the Republic of Uzbekistan Sardor Umurzakov in the format of a video conference held talks with the Acting President of the European Bank for Reconstruction and Development (EBRD) Jurgen Rigterink on cooperation between the Republic of Uzbekistan and the EBRD.
Resolution of the President of the Republic of “On measures to further develop the sphere of tax consulting” from 30 September 2020 was adopted in order to develop the institution of tax consulting and improve tax administration.
The European Bank for Reconstruction and Development (EBRD) is supporting the business activity of local small and medium-sized enterprises (SMEs) in Uzbekistan affected by the coronavirus pandemic.
It is a mistake to believe that only entrepreneurs pay taxes. Ordinary citizens, or speaking in legal language - individuals - also have a duty to the state. Article 51 of the Constitution of the Republic of Uzbekistan states: “Citizens are obliged to pay taxes and local fees established by law”.