Following the auction on the Republican Stock Exchange “Toshkent” for the week from May 7 to May 11, 2018, 54 purchase and sale transactions were concluded with shares of 10 joint-stock companies. As a result, 39.4 million ordinary shares and 28 preferred shares worth 1.5 billion soums were sold. The value of the USI index for the week was 1030.46 (▼ 0.16) points. Continue reading Turkistonbank shares sold most during the week
Центральным банком на постоянной основе принимаются меры по совершенствованию спектра валютных операций, осуществляемых физическими и юридическими лицами на внутреннем валютном рынке, такие как:
– применение со стороны Центрального банка новой стратегии интервенций на валютном рынке в соответствии с принципом «нейтральности золотовалютных резервов», предусматривающей, с одной стороны, создание условий для формирования режима плавающего валютного курса, с другой – предотвращение влияния операций Центрального банка по покупке золота на рост денежной массы;
– предоставление возможности снятия с международных платежных карт физических лиц валютных средств, приобретённых в коммерческих банках;
– проведение физическими лицами отдельных валютных операций в иностранной валюте посредством мобильных приложений (купля-продажа иностранной валюты, а также перевод денежных средств с международных платежных карт на срочные вклады). Continue reading Review of internal FOREX market of Uzbekistan for january-april 2018
Солиқ ислоҳотлари бўйича концепцияда таклиф этилаётган янги солиқ ставкалари бўйича аҳоли орасида турли тушунмовчиликлар юзага келаётгани ҳеч кимга сир эмас. Ушбу ўзгаришлардан кўплаб меҳнат фаолитини юритувчи ишчи ходимларни ҳавотирга солиб қўяётган бир масала даромад солиғининг янги 25% лик ставкада белгиланиши ойликларни камроқ ойлик оладиган ишчиларнинг ойлиги янада камайишига сабаб бўларкан деган хулосалар пайдо бўлаётгани ва натижада ютказарканмиз деб ўйлаётган инсонларнинг кўпайиб бораётгани барчага маълум. Continue reading The salary can increase but does not change, the tax concept positively affects the salary
Consolidated consumer price index (CPI) and inflation rate
For the first month of 2018, goods and services in the consumer market became more expensive by an average of 2,7 %, including food products – by 3,5 %, non-food products – by 2,3 % and services – by 1,4 %.
In Uzbekistan, many organizations in the field of trade and services provide their discounts, bonuses and discount cards, which are the most effective ways to attract customers. In fact, all these are ways to keep consumers and encourage customers to re-purchase and use the services of the organization, store or service point as long as possible. From a psychological point of view, each consumer continues to participate in the loyalty program because he understands that he saves some of the total amount of goods or services he or she purchases, and that he or she can receive new products or services at the expense of this saving in the future with a discount or for free. Continue reading What is cashback and does it be provided by tax?
The ongoing reforms in the field of monetary policy have a significant impact on economic processes in the real and financial sectors of the economy. The operations of commercial banks with legal entities and individuals have reached a new level. The implemented reforms are reflected in the volume of operations, as well as the structure of demand and supply of foreign exchange funds in the domestic foreign exchange market.
After the liberalization of the foreign exchange policy, the volumes of banks’ operations on buying and selling foreign currency are steadily increasing, in particular:
the average monthly purchase of foreign currency by business entities increased by 60% – from $ 462 million in the first half to $ 740 million in September-December 2017;
the average monthly sale of foreign currency increased more than fourfold, from $ 172 million in the first half to $ 740 million in September-December 2017.
In accordance with the State Statistical Work Program, Goskomstat carried out a preliminary assessment of the gross regional product (hereinafter – GRP) of the Republic of Karakalpakstan, oblasts and Tashkent city for 2017.
GRP is the main indicator of the system of national accounts, which characterizes the final result of the production activity of institutional units – residents located on the economic territory of the region, for a certain period of time. GRP is calculated by the production method, as the sum of the gross value added by types of economic activity in basic prices and net taxes on products. Continue reading Indicators of gross regional product Uzbekistan 2017 – statistics
In accordance with the State Statistical Work Program, Goskomstat made a preliminary estimate of the gross domestic product (hereinafter – GDP) for 2017.
According to preliminary data, the GDP of the Republic of Uzbekistan for 2017 in current prices amounted to 249136.4 billion soums and grew by 5.3% relative to the corresponding period of 2016. The index-deflator of GDP in relation to the prices of 2016 amounted to 118.9%.
The main indicator of inflationary processes in the consumer sector of the country is the consumer price index (CPI). In the country the CPI calculation system was implemented in January 1994 with the technical assistance of the International Monetary Fund.
The CPI is formed according to the Methodological provisions for the organization of observation of consumer prices (tariffs) for goods and services developed on the basis of the “Consumer Price Index Manual: Theory and Practice” (IMF, OECD, Eurostat, UNECE, World Bank and ILO). Continue reading Inflation in Uzbekistan 2017: Analysis of the Consumer Price Index