Review of the currency market of Uzbekistan by the results of 2017

Картинки по запросу валютный рынокThe 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.

Continue reading Review of the currency market of Uzbekistan by the results of 2017

Share

Indicators of gross regional product Uzbekistan 2017 – statistics

Похожее изображениеIn 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

Share

Analysis of the stock market of Uzbekistan by the results of 2017

Review of exchange trades at the end of 2017

As a result of 2017, the volume of exchange transactions on the Republican Stock Exchange “Toshkent” reached – UZS 298.6 billion, which is 0.4% lower than last year (in 2016 – 299.8 billion soums) and 1.8 times more than the indicator for the end of 2015 (161.0 billion soums).

The number of transactions concluded at RSE “Toshkent” amounted to 2,572 transactions (in 2016 – 3,080 transactions). In total, during the reporting period, 1,551.6 million securities of 99 joint-stock companies were sold.

Continue reading Analysis of the stock market of Uzbekistan by the results of 2017

Share

New banknotes and innovative banking services in 2018 Uzbekistan

Картинки по запросу инновации банкPress Service of the Central Bank published a brief information “On the results of 2017 and the tasks for 2018 in the monetary and banking sector.”

Continue reading New banknotes and innovative banking services in 2018 Uzbekistan

Share

GDP growth Uzbekistan and industrial production at the end of 2017 – analysis

Картинки по запросу промышленность узбекистанаIn 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%.

Continue reading GDP growth Uzbekistan and industrial production at the end of 2017 – analysis

Share

In Uzbekistan, the “subsistence minimum” and “consumer basket” will be introduced

Похожее изображениеDecent life of the population will be ensured by determining the necessary level of income on the basis of “subsistence minimum” and “consumer basket”.

This is laid down in the draft State program for the implementation of the Strategy for the five priority development directions of the Republic of Uzbekistan in 2017-2021 in the “Year of support of active entrepreneurship, innovative ideas and technologies” Continue reading In Uzbekistan, the “subsistence minimum” and “consumer basket” will be introduced

Share

Inflation in Uzbekistan 2017: Analysis of the Consumer Price Index

Похожее изображение

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

Share

Taxation in 2018 Uzbekistan: Comments of the Tax Committee

Картинки по запросу налогообложениеThe present information message on the introduced additions and changes to the tax legislation and approved rates of taxes and other mandatory payments for 2018 was prepared in accordance with the following legislative documents:

Law of the Republic of Uzbekistan No. ZRU-454 of December 29, 2017 “On Amendments and Additions to Certain Legislative Acts of the Republic of Uzbekistan in Connection with the Adoption of the Main Directions of the Tax and Budget Policy for 2018”; Continue reading Taxation in 2018 Uzbekistan: Comments of the Tax Committee

Share

The rates of excise taxes have changed: will cars become cheaper now in Uzbekistan

Картинки по запросу акцизный налог автомобильBefore we talk about news related to changes in excise tax rates for goods produced in Uzbekistan, we wanted to explain that such an excise tax in general and why it is needed.

Excise – this is not direct, but an indirect tax, which the producer pays. This type of tax collection really affects the price policy of producers of a certain type of product. Continue reading The rates of excise taxes have changed: will cars become cheaper now in Uzbekistan

Share