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A New Meter Inspection System: Convenience or Another Headache?

An interesting innovation from officials: periodic inspection of electricity, gas, cold, and hot water meters will now be conducted in a proactive format. This was announced by the Ministry of Justice. What does this mean? Citizens no longer need to worry about the deadlines for meter inspections or contact the authorities themselves. Responsible officials are...
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Uzbekistan May Introduce a Zero VAT Rate for Transportation Services

Uzbekistan is considering an initiative that could become a significant step in the development of the transportation sector and in reducing costs for businesses. During a meeting with President Shavkat Mirziyoyev, the founder of Ardena Transport, Denis Pavlenko, proposed introducing a zero VAT rate on transportation services, citing the successful experience of other countries. Why...
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When the Dream of Housing Turns into a Nightmare: A Wave of Complaints Against Developers

Housing construction in Uzbekistan, which should symbolize progress and prosperity, has become a source of widespread complaints. Since the beginning of this year alone, the Consumer Rights Protection Committee has received over 1,700 complaints from citizens facing issues with unscrupulous developers. Thanks to these complaints, construction companies were forced to refund 20 billion soums to...
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The Banking Sector Suggested That the Authorities of Uzbekistan Allow the Storage of Personal Data in the Cloud

At a meeting between entrepreneurs and the President of Uzbekistan, the Director for International Operations at TBC Bank Group, Oliver Hughes, raised the issue of revising the legislation governing the storage of personal and banking data. Hughes proposed allowing banks to use cloud technologies both domestically and internationally, which, in his opinion, would be a...
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A Bank Employee in Uzbekistan Arrested for Embezzling $250,000 from Client Transfers to Fund Gambling

An egregious case occurred in Andijan, Uzbekistan. An employee of a local bank, responsible for processing international money transfers, abused his position to embezzle client funds. In total, the offender misappropriated $250,000, which he spent on online gambling. How Did It Happen? During the investigation, it was revealed that the employee repeatedly transferred client funds...
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Illegal Business: A 21-Year-Old Supplied Fraudsters with SIM Cards, Helping to Steal Money from Uzbek Citizens’ Bank Cards

A 21-year-old young man was detained in the Navoi region for actively collaborating with international fraudsters and deceiving unsuspecting citizens. According to the investigation, the detainee set up a scheme to supply SIM cards from local operators to fraudulent groups on Telegram. These fraudsters used the cards to obtain confirmation codes for transactions, hack accounts,...
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Sibutramine Banned: What You Need to Know to Stay Out of Jail

In October of this year, sibutramine—a globally popular weight-loss substance—was officially included in Uzbekistan’s list of controlled substances. From that moment, its import into the country was prohibited, and starting January 1, 2025, the sale of such products will only be allowed through licensed pharmacies authorized to sell narcotic and psychotropic substances. This announcement comes...
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Real Estate Sales in Uzbekistan Are Growing: November Results

In November, Uzbekistan’s real estate market demonstrated positive dynamics. According to the Center for Economic Research and Reforms, 21,900 sales transactions were recorded during the month, which is a 2.5% increase compared to October. On a year-over-year basis, growth reached 0.8%. Tashkent Leads the Real Estate Market The capital remains the country’s largest real estate...
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