Part of the initial payment and (or) interest on the mortgage will be covered by the State budget, the Ministry of Justice of Uzbekistan said in a statement. This is provided for by the Government decree “On approval of the…
The stable sector outlook in Uzbekistan reflects the predominance of state-owned companies in loan portfolios and of state-owned lenders in the banking system, and Fitch’s expectation of continued government support for these entities.
The Central Bank of Uzbekistan said on Wednesday that a sharp depreciation of the local currency soum is unlikely, despite a significant drop in the exchange rate of the Russian ruble and the Kazakh tenge.
Deaths from the virus in Britain jumped to 335 on Monday as the government said the military would help ship millions of items of personal protective equipment (PPE) including masks to healthcare workers who have complained of shortages.