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Key rate, payment QR codes, income declarations — weekly highlights

Key decisions touched upon monetary policy, the fight against the shadow economy, and digital services.

The past week has been filled with large-scale reforms and management decisions that have encompassed the economy, public administration, healthcare, financial sector, and daily processes for citizens and entrepreneurs. FRANK has compiled a selection of the most significant events.

A unified electronic registry of tariffs and prohibitions will be created in Uzbekistan

The Cabinet of Ministers of Uzbekistan approved measures to create a unified electronic open register of prohibitions, restrictions, and tariffs on goods imported, exported, and transported by transit through the country’s territory. The registry will operate on the basis of the “Unified Tariff” interactive service database, access to it will be free, and entrepreneurs will be able to receive complete and up-to-date information in real time in one place. The launch of the online registry is scheduled for January 1, 2026, with the formation of a full list of tariffs and restrictions taking one month and the publication of the online section taking two months.

A pilot KPI management system will be implemented in 33 districts of Uzbekistan

The President signed a decree on improving the efficiency of public administration, which provides for the introduction of an experimental system for the work of local authorities. Starting January 1, 2026, in the khokimiyats of 33 “exemplary” districts and cities, the activities of government bodies will be assessed based on target indicators and KPI indicators formed by the Agency for Management Effectiveness, and recruitment for public service will be modernized. As part of the experiment, the tasks of state bodies will be divided into five levels, a rotation system will be introduced, and hokims, their deputies, and heads of local subdivisions will be able to be appointed to work in other districts within the region.

Uzbekistan plans to launch the production of humanoid robots

An Uzbek-Korean business roundtable was held in Korea, during which the delegation of Uzbekistan headed by Deputy Prime Minister Jamshid Khodjaev discussed new areas of cooperation with partners from Seoul. Following the meeting, the “Uzeltechsanoat” Association and the South Korean company ROBOTIS signed a memorandum of understanding, which provides for the launch of the production of humanoid robots in Uzbekistan. The agreement also includes the creation of a technological and production base and the training of qualified specialists in the field of robotics.

Inpatient, maternity, and unemployment benefits will be paid through the new state fund

Shavkat Mirziyoyev signed a law on state social insurance, establishing a unified system of compulsory and voluntary social insurance in Uzbekistan. The document defines the procedure for the State Social Insurance Fund, through which payments for temporary disability, pregnancy and childbirth, and unemployment will be administered. The law comes into force on January 1, 2026, with the fund being formed from a portion of the social tax, insurance premiums, and, for mandatory insurance participants, a portion of the personal income tax.

In Uzbekistan, price stabilization for a number of products will begin

Starting from 2026, it is planned to allow farmers growing cotton and grain to build lightweight buildings on their land to establish livestock farms, as well as to expand access to credit support through the Agricultural Fund. In 2026, they intend to provide farmers with loans of 12% of the value of the 2025 harvest with compensation for part of the foreign currency loan and guarantees for half of the loans, with authorities transitioning to a year-round food intervention system to stabilize prices. For the development of the industry, cattle and small ruminants are also planned to be imported, and international financial institutions and partners intend to allocate hundreds of millions of dollars for the implementation of projects in the livestock sector.

Cash payments will begin to be restricted in Uzbekistan

Starting April 1, 2026, a number of payments in Uzbekistan will be permitted only in non-cash form — using bank cards or electronic payment systems — in accordance with a government decree. The measure is aimed at reducing the share of the shadow economy by 2030, while the document sets the goal of reducing its share in GDP by 1.3 times and increasing the share of non-cash payments of the population in trade and services to 75%. Payment for state services, utilities, alcohol and tobacco products, petroleum products, large purchases exceeding 25 million soums, as well as transactions with real estate and a number of categories of vehicles will be transferred to a non-cash format.

A single QR code for accepting electronic payments will be introduced in Uzbekistan

The authorities plan to introduce a single QR code for accepting electronic payments by all legal entities engaged in trade, in accordance with a government decree. The introduction of a single QR code is planned until the end of 2025, and from July 1, 2026, the acceptance of payments through this system will become mandatory for all companies in the trade and service sector. The absence of a single QR code will be considered a violation of trade rules, with the measure aimed at unifying payment infrastructure and increasing the transparency of non-cash payments.

Uzbekistan will launch an experimental system for tracking citizens’ incomes and expenses starting in 2026

The country’s leader issued a decree on conducting an experiment on citizens submitting declarations on their total annual income, which will begin on March 1, 2026. The pilot project will cover employees of tax authorities and individuals registered in Navoi and Chirchik cities, with participants’ expenses determined based on fiscal receipts and electronic invoices registered in the Soliq system. The draft resolution on the introduction of an experimental system is to be submitted to the Cabinet of Ministers within two months, by the middle of February.

The Central Bank maintained the key interest rate at 14% per annum

The Central Bank made this decision based on the need to further reduce inflation and contain pro-inflationary risks. The regulator noted that relatively tight monetary conditions contribute to a reduction in inflationary pressures and inflationary expectations, despite persistent risks from persistent consumer demand, supply factors, and rising prices in the service sector. According to the Central Bank, annual inflation slowed to 7.5% in November, and the decision made is aimed at maintaining a stable trajectory of its decline in the medium term.

A new operating schedule is being introduced for all methane filling stations in Tashkent

Authorities have temporarily imposed restrictions on the operation of automobile gas filling compressor stations due to the cooling season and the need to ensure uninterrupted gas supply to the population and social infrastructure. In agreement with the capital’s khokimiyat, the operating schedule of all 78 methane filling stations has been approved, according to which gas will be supplied from 6:00 to 23:00. At the same time, 21 gas stations will continue to operate at night to provide public transport with fuel, and “Hududgaztaminot” reports on measures to normalize pressure in gas pipelines.

In Uzbekistan, some of the drugs have begun to be sold online

Starting December 10th, an experiment to implement the “Electronic Prescription” system on the DMED platform was launched in Tashkent and 15 other cities of Uzbekistan. By the end of 2026, it is planned to connect all medical institutions and pharmacies of the country to the system, and from January 2027, the transition to electronic prescriptions, including a separate mechanism for accounting for potent and psychotropic drugs, will become mandatory. The system provides for the issuance of prescriptions through the patient’s electronic medical record with a QR code and electronic signature, as well as digital control over the prescription and dispensing of prescription drugs.

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