Finance

The number of payment terminals exceeds 437,200

In Uzbekistan, the number of payment terminals as of 1 December 2020 exceeded 437,200. Compared to the same period of 2019, the number of terminals increased by 17% or 62,000 the Central Bank of Uzbekistan said.

Issues of interbank cooperation between Uzbekistan and Russia discussed

On 23 December 2020, the Central Bank of Uzbekistan hosted a regular meeting of the Sub-Commission on Interbank Cooperation of the Republic of Uzbekistan with the Russian Federation in an online format.

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Chairperson of the Senate meets with residents of Beruniy and Turtkul districts

24/01/2021Read more

Further steps to reform the energy sector of Uzbekistan discussed

24/01/2021Read more

Two SZE and Investment Agreements were signed for two wind farms located in Bukhara and Navoi regions

24/01/2021Read more

HAMKOR SUG‘URTA has been granted a license

In accordance with the order of the Agency for the development of the insurance market under the Ministry of Finance of the Republic of Uzbekistan, the limited liability Company HAMKOR SUG‘URTA was issued a license of the SF series No. 00005 from 18 December 2020, for the implementation of voluntary and compulsory insurance by class 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, and 17 branches of General insurance, including compulsory insurance of civil liability of vehicle owners, compulsory insurance of civil liability of the employer and compulsory insurance of civil liability of the carrier.

Shavkat Mirziyoyev signs a decree on the appointment of the Deputy Chairman of the Central Bank

President of the Republic of Uzbekistan Shavkat Mirziyoyev signed a decree on the appointment of the Deputy Chairman of the Central Bank.

Fitch affirms Uzagrosugurta at ‘BB-’; Outlook Stable

Fitch Ratings has affirmed Uzbekistan-based Uzagrosugurta Joint-Stock Company’s Insurer Financial Strength (IFS) Rating at ‘BB-’. The Outlook is Stable.

Information about a twofold increase in the size of pensions turned out to be false

The off-budget Pension Fund under the Ministry of Finance denied reports on social networks about a twofold increase in the size of pensions.

The second stage of studying the concept of creating an international financial center in Tashkent city (TIFC) begins

The British government approved technical assistance to start the second phase of studying the concept of creating an International Financial Center in Tashkent (TIFC).

IDB approves financing of projects in Uzbekistan for US$509.2 million

On 19 December 2020, the Board of Directors of the Islamic Development Bank (IDB) approved financing of two large-scale and economically significant projects in Uzbekistan for a total of US$509.2 million, the press service of the Ministry of Investment trade said.

The implementation of the State budget of Uzbekistan in nine months of 2020 was discussed

During the tenth plenary meeting of the Senate of the Oliy Majlis, the report of the Minister of Finance of the Republic of Uzbekistan on the execution of the State budget of the Republic of Uzbekistan for nine months of 2020 was heard.

State Budget for 2021 approved

At the tenth plenary meeting of the Senate, the laws of the Republic of Uzbekistan “On the State Budget of the Republic of Uzbekistan for 2021”, “On Amendments and Additions to Some Legislative Acts of the Republic of Uzbekistan in Connection with Improving the Budget Process”, “On amendments and additions to some legislative acts of the Republic of Uzbekistan in connection with the adoption of the Law of the Republic of Uzbekistan “On the State Budget of the Republic of Uzbekistan for 2021” were discussed.

Currency rates from 19/01/2021

$ 1 10500.81 +0.264%
€ 1 12682.88 -0.885%
₽ 1 142.66 +0.970%
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