Finance

Conference on the topic: "Prospects for the development of insurance companies – IFRS and digitalization of the insurance market of Uzbekistan"

The Ministry of Finance, together with the Chamber of Auditors of Uzbekistan, on April 20 of the current year, held a conference “Prospects for the development of insurance companies - IFRS and digitalization of the insurance market in Uzbekistan”. The main purpose of the meeting was to discuss topical issues of applying IFRS in insurance companies and digitalization of the insurance market.

Central Bank ensures uninterrupted settlements for foreign trade operations

As part of making payments under foreign trade contracts, money transfer systems and making other cross-border payments, the activities of the relevant International Financial Message Transmission System have been established.

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"Uzbekistan International Poverty Reduction Forum" was held in Bukhara

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A memorandum was signed between the Ministry of ICT and the Research Institute of Electronics and Telecommunications of Korea

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President of Uzbekistan takes part in the online summit of the Eurasian Economic Union

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Commercial banks to receive credit lines in the equivalent of US$300 million

A Presidential resolution "On measures to further expand the mechanisms for financing entrepreneurial projects in the regions" was adopted. The document was published by UzA.

A loan of up to 5 billion soums to be allocated for small entrepreneurs

A Presidential resolution "On measures to further expand the mechanisms for financing entrepreneurial projects in the regions" was adopted.

The volume of official reserves of Uzbekistan amounted to US$35.15 billion

As of 1 April 2022, Uzbekistan’s official reserves exceeded US$35.15 billion, according to data from the Central Bank.

President signs resolution “On further improvement of interbudgetary relations and tax administration”

Presidential resolution “On further improvement of interbudgetary relations and tax administration” was adopted.

What is the number of users of remote banking services in Uzbekistan?

As of 1 April 2022, the number of users of remote banking services in Uzbekistan exceeded 22 million people.

1.1 trillion soums will be allocated for projects put forward by citizens through the “Initiative Budget”

It has become a good tradition for the Senate to regularly organize training seminars in order to effectively organize the activities of local Kengashes of people’s deputies and their methodological support, improve practical skills and qualifications of deputies.

Individuals bought US$1.73 billion worth of foreign currency in the first quarter.

In the first quarter of 2022, commercial banks of Uzbekistan sold foreign currency to individuals for US$1.73 billion, the Central Bank of Uzbekistan reports.

Uzbekistan receives remittances worth US$1.47 billion in 1Q

In January-March 2022, Uzbekistan received money transfers in the amount of US$1.47 billion, the press service of the Central Bank reported.

Currency rates from 25/05/2022

$ 1 11074.93 -0.090%
€ 1 11863.47 +0.228%
₽ 1 194.90 +2.374%
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