The budget deficit should not exceed 4 percent in 2024. This was stated by the President of Uzbekistan Shavkat Mirziyoyev. This goal will be achieved by strengthening financial discipline.
The volume of allocated mortgage loans in Uzbekistan in 2023 amounted to 16.85 trillion soums, according to the Central Bank of Uzbekistan. The growth of mortgage loans compared to 2022 was 17.36%.
ASIA ALLIANCE BANK entered into a deal with the Swiss company Symbiotics Investments.
From 1 January 2024 to 1 January 2026, income of commercial banks participating in the “Comprehensive Program for Continuous Support of Small Businesses” in the form of interest received on bank loans allocated for projects for tax purposes income is recognized as a deductible expense.
The largest bank in Spain, Santander, plans to finance projects in Uzbekistan.
Work continues in the CIS to create an International Center for Assessing the Risks of Legalization (Laundering) of Proceeds from Crime and the Financing of Terrorism, the press service of the CIS Executive Committee reports.
The amounts of social tax for individual entrepreneurs have been approved, the Tax Committee of Uzbekistan said.
The volume of revenues to the state budget of Uzbekistan in 2023 reached 165.9 trillion soums This was stated by the press service of the Tax Committee.
On 10 January, the Central Bank held a meeting-discussion with the management of 20 commercial banks aimed at summing up the implementation of activities in 2023 and discussing planned financial literacy projects for 2024.