Finance

Tax Free system is being introduced in Uzbekistan

A Resolution of the Cabinet of Ministers was adopted, in accordance with which, from 1 January 2023, the Tax Free system is introduced as an experiment to refund to foreign citizens the amounts of VAT paid by them when purchasing certain types of goods from entrepreneurs engaged in retail trade in the territory of Uzbekistan.

Issues of cooperation with the International Monetary Fund discussed

As part of the staff visit of the International Monetary Fund (IMF), a meeting was held between the Chairman of the Central Bank of the Republic of Uzbekistan and an IMF delegation led by country mission chief Ron van Ruden.

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Central Bank: The current account deficit of the balance of payments amounted to US$346.6 million.

The current account deficit of the balance of payments, according to preliminary data, made up US$346.6 million, the Central Bank of Uzbekistan said in a statement.

Balance of payments indicators of Uzbekistan discussed

As part of the staff visit of the International Monetary Fund (IMF), a meeting was held between the leadership of the Central Bank of the Republic of Uzbekistan and an IMF delegation led by country mission chief Ron van Ruden.

ADB supports housing finance in Uzbekistan with US$150m loan

The Asian Development Bank (ADB) has approved a US$150 million loan that will help expand green renovation loans in Uzbekistan while boosting the funding available to commercial lenders in the country to continue providing affordable home loans.

Banks provided retail loans for 45 trillion. soums

Commercial banks of Uzbekistan in January-September 2022 provided retail loans in the amount of 44.9 trillion. soums. This was reported by the Central Bank of Uzbekistan.

Central Bank hosts a meeting with the delegation of the International Monetary Fund

As part of the staff visit of the International Monetary Fund (IMF), a meeting was held between the leadership of the Central Bank of the Republic of Uzbekistan and an IMF delegation led by country mission chief Ron van Ruden.

Banks of Uzbekistan provided loans for 141.3 trillion soums

Commercial banks of Uzbekistan issued loans in the amount of 141.3 trillion soums in January-September 2012, according to the date of the Central Bank of Uzbekistan.

Uzpromstroybank brings the direction of the treasury to a new stage

Within the framework of the II International Economic Forum of Uzbekistan, held on 3-4 November this year in the city of Samarkand, a number of agreements were reached aimed at expanding the participation of Uzpromstroybank in the financial market.

Qishloq Qurilish Bank and Avesta Investment Group sign an agreement on the start of a public offering (FPO) of the bank’s shares on the domestic market

Qishloq Qurilish Bank and Avesta Investment Group, as part of the Second Economic Forum of Uzbekistan in Samarkand, signed an agreement to start the process of additional public offering (FPO) of the bank’s shares on the domestic market on the site of Uzbekistan Stock Exchange (UZSE).

Currency rates from 25/11/2022

$ 1 11230.39 +0.069%
€ 1 11700.94 +0.980%
₽ 1 186.04 +0.351%
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