The World Bank’s Board of Executive Directors approved a US$400 million Development Policy Operation (DPO) loan to support the Government of Uzbekistan’s implementation of important economic and social reforms that will accelerate the country’s transition to an inclusive and competitive market economy.
The Central Bank of Uzbekistan will issue banknotes worth 50,000 soums and 100,000 soums. The new banknotes will be issued into circulation from 22 December 2021.
At the twenty-second plenary meeting of the Senate of the Oliy Majlis of the Republic of Uzbekistan, the Law "On Amendments and Additions to the Tax Code of the Republic of Uzbekistan" was discussed.
At the twenty-second plenary meeting of the Senate of the Oliy Majlis, the Law "On the State Budget of the Republic of Uzbekistan for 2022" was discussed.
At the twenty-second plenary meeting of the Senate of the Oliy Majlis, the report of the Cabinet of Ministers on the execution of the State budget of the Republic of Uzbekistan for nine months of 2021 was heard.
The Asian Development Bank (ADB) has approved a US$162 million loan that will electrify 465 kilometers of railway line connecting major urban centers in western Uzbekistan, improving railway services and boosting trade and tourism in the region.
On 10 December, the Ministry of Finance hosted a meeting with the representatives of EY audit and consulting company.
The Presidential Decree “On additional measures to provide the population with housing through mortgage lending based on market principles” was adopted.