Amid overlapping challenges and geopolitical risks, IFC invested and mobilized over US$1.6 billion in the Central Asia region in fiscal year 2023 (FY23)—its highest ever in the region—to enhance growth, upgrade regional connectivity, and build climate resilience. That work, between July 1, 2022, and June 30, 2023, came alongside milestone engagements to boost financial inclusion, structure groundbreaking public-private partnership (PPP) projects, and promote gender diversity.
By a resolution of the board of the Central Bank, in connection with violation of the legislation of the Republic of Uzbekistan, as well as regulations of the Central Bank, the limited liability company "MIKROMOLIYA TASHKILOTI FACTORING" was excluded from the register of organizations engaged in microfinance activities. This was reported by the press service of the Central Bank.
A meeting was held at the Central Bank with the regional head of Commerzbank (Germany) for Eastern Europe, Turkey and Central Asia.
The Tax Committee has launched the implementation of the first technical support program implemented within the framework of the joint initiative of the Organization for Economic Co-operation and Development (OECD) and the United Nations Development Program (UNDP) “Tax Inspectors without Borders” without borders – (TIWB).
The Asian Infrastructure Investment Bank (AIIB) has participated in the private placement of US$100 million, five-year sustainable Eurobonds by JSCB Uzpromstroybank, Uzbekistan’s second largest bank. AIIB invested a total of US$25 million in the issuance.
President Shavkat Mirziyoyev signed a resolution introducing a number of changes to the tax legislation of Uzbekistan. This is reported by the Ministry of Justice.
The government of Uzbekistan has amended the Rules for the import and export of cash foreign currency by individuals across the border of Uzbekistan.
Today, on 5 September, a ceremony was held in Tashkent to sign a memorandum between the Central Bank of the Republic of Uzbekistan and ELINC China Co. ltd.
A meeting was held at the Central Bank with one of the developers of a mobile interactive application for financial education.