On November 11, the President signed the new version of the Central Bank Bill into Law with immediate effect. The new version of the Law was developed taking into account the Central Bank's functions to ensure and maintain the stability of prices, the sustainability of the banking system and payment systems, the Central Bank said.
Dairy products consumers across Uzbekistan will enjoy a greater variety of cheeses by a popular local producer Tillo Domor following its expansion supported by the EBRD and Hamkorbank.
The Minister of Innovative Development of Uzbekistan, Ibrohim Abdurahmanov hosted a delegation led by the president of the Venture Fund Council of the Union of Chambers and Commodity Exchanges of Turkey, Göktekin Dinçerler, the ministry said.
On November 8, at the Ministry of Investments and Foreign Trade was held a meeting with the director of financial operations at the Export-Import Bank of the Republic of Korea, Chang Yong-soo, the ministry said.
The EBRD believes the economy of Central Asia’s most populated state will continue its strong showing in 2020.
The President Shavkat Mirziyoyev signed the new version of the Banks and Banking Activities Bill into Law on November 5, with immediate effect.
President Shavkat Mirziyoyev ordered to cut inflation to 9.5% in 2022, said the head of State Budget Department at the Ministry of Finance, Jamshid Abruev at the presentation of the draft Citizens’ Budget on Friday.
President Shavkat Mirziyoyev signed the Currency Regulation Bill into Law which allows individuals to carry 100 million soums, or US$ 10,600 out of Uzbekistan without any permits.