Over $800,000 was allocated for the purchase of equipment. The new system can identify (find) individuals with debts in property and land on the territory of the inspector via GPS.
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Central Bank explains importance of privatizing banks with state share
According to the message of the banking regulator of Uzbekistan, although the number of private banks significantly exceeds the state, their share (excluding the state’s share) in the banking services market is only 15%.
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Uzbekistan intends to privatize six banks by 2025
By 2025, Uzbekistan plans to attract at least three strategic foreign investors to the capital of at least three banks with a state share.
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Who stole $108.7 million from the budget?
The Accounting Chamber reported on its activities in 2019 during the fourth plenary session of the Senate. Representatives of the…
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Uzbekistan can become a “safe haven” for investors and producers
According to the forecasts of Frontier Capital’s Asia analysts, Uzbekistan may become a kind of safe haven for investors and producers in the medium term. The bne IntelliNews article says that globalization has undoubtedly had a positive impact on the…
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ЦБ прогнозирует инфляцию ниже прогнозов МВФ и ожидает стабилизацию цен на базовые продукты
Международный валютный фонд в своем последнем докладе прогнозировал уровень инфляции в Узбекистане на уровне 12,6% в текущем году, и 10,6% в следующем.
Подробнее Central Bank of Uzbekistan lowers its key benchmark
More detailed information on this will be announced during an online briefing with the Central Bank’s Chairman on April 15.
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Dow sinks, virus pushes it to sharpest quarterly plunge in over 3 decades
The Dow Jones Industrial Average fell 410.32 points, or 1.84%, to 21,917.16, the S&P 500 lost 42.06 points, or 1.60%, to 2,584.59 and the Nasdaq Composite dropped 74.05 points, or 0.95%, to 7,700.10.
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Fitch Ratings: CIS banks pressured by coronavirus and oil price slump, except Uzbekistan
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.
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Central Bank of Uzbekistan does not expect sharp fall in exchange rate of national currency
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.
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