Events → Financial Markets


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CER—Business Forum organized
Published: July 1, 2008 16:47
June 1, 2008 - June 30, 2008

CER/UNDP Public Finance Reform Project, Chamber of Commerce and Industry of Uzbekistan, UNDP Business Forum of Uzbekistan Project co-hosted an expert council meeting on New Tax Code of Uzbekistan: Ways for Improvement on June 6, 2008.

Taxes No comments yet
Commission for Monetary-Credit Policy meets in Tashkent
Published: March 19, 2008 16:35
March 19, 2008 - March 21, 2008

The issues concerning the execution of the resolutions of the country's President aimed at improvement of the circulation of cash, uninterrupted provision for the payment of cash from the deposit accounts in the banks, and further development of the system of payments based on plastic cards and a number of other issues were discussed at the meeting.

Monetary and Credit Policy No comments yet
Tajikistan guarantees to return IMF credits in time
Published: March 10, 2008 15:56
March 10, 2008 - March 11, 2008

Tajikistan guarantees to return all credits to the sum of 47 million dollars allocated by the International Monetary Fund (IMF) in the time fixed.

Monetary and Credit Policy No comments yet
Hungary - taxes to be reduced by 300bn in 2008
Published: February 29, 2008 17:03
February 29, 2008 - March 2, 2008

Hungary's central budget will have a gross 300 billion forints (about 1.2bn euros) to reduce taxes and social security contributions next year.

Taxes No comments yet
Hungary - FinMin expects HUF 219.8m budget deficit in Feb
Published: February 22, 2008 10:18
February 22, 2008 - February 24, 2008

Hungary's Finance Ministry expects a cashflow-based budget deficit of 219.8 billion forints (838.9 million euros) excluding local councils in February.

Monetary and Credit Policy No comments yet
Azerbaijan to double currency reserves in 2008
Published: February 15, 2008 11:04
February 15, 2008 - February 18, 2008

Conference on implementing the State Socio-Economic Development of Regions for 2004-2008 Program was held today in Baku.

Monetary and Credit Policy No comments yet
In the 2nd half of 2008 KfW to start direct financing for development of banks’ operations in Azerbaijan’s agrosector
Published: January 30, 2008 09:38
January 30, 2008 - February 1, 2008

KfW is starting direct financing of Azerbaijan’s agrosector how it was supposed by protocol for results of negotiations between German and Azerbaijani Governments concluded on August 14-16, 2006.

Banking Sector No comments yet
IFC signed Memorandum of Technical Assistance to Azerbaijan Mortgage Fund
Published: January 21, 2008 14:10
January 21, 2008 - January 22, 2008

International Finance Corporation (IFC) has launched co-operation with the Azerbaijan Mortgage Fund under the National Bank

Monetary and Credit Policy No comments yet
In the first half of January Azerbaijan to sign memorandum on mutual understanding with EC on financing by ENP
Published: January 7, 2008 10:05
January 7, 2008 - January 8, 2008

The European Commission (EC) and the Azerbaijani government have finished the memorandum on mutual understanding regulating financing within European Neighborhood Policy (ENP) 2007-10.

Financial Markets No comments yet
IES - Seminar on Financial Instability
Published: January 3, 2008 09:38
December 20, 2007 - December 31, 2007

IES hosted a public seminar on the transmission mechanism of financial instability and its implications for portfolio theory, modelling, and monetary policy on December 20, 2007. The event took place in the framework of the University course called Portfolio Analysis and Financial Risk Management by Jan Toporowski, SOAS London University.

Financial Markets No comments yet
IFC Mortgage Project in Central Asia develops a new model of Azerbaijan Mortgage Fund
Published: December 14, 2007 15:22
December 13, 2007 - December 15, 2007

Azerbaijan has been presented a project of primary market of mortgage crediting in Central Asia.

Banking Sector No comments yet
Thumbs Down for Uzbek Bank Reform
Published: December 12, 2007 11:53
December 11, 2007 - December 13, 2007

New measures designed to encourage people to put their money in Uzbekistan’s banks are likely to come up against resistance from a population that deeply distrusts both the financial sector and any official attempt to monitor their incomes.

Banking Sector No comments yet
Kazakh expert about country’s economy: We have problems
Published: September 27, 2007 11:40
September 27, 2007 - September 27, 2007

“The problem lies not in the fact that domestic banks have taken too much foreign loans, but how the loans were used."

Monetary and Credit Policy No comments yet
Hungary to set up special commission to coordinate euro adoption
Published: September 13, 2007 17:18
September 13, 2007 - September 13, 2007

Hungary will set up a special commission to coordinate technical preparations for its adoption of the euro. The commission will be headed by the Finance Minister and the president of the National Bank of Hungary.

Monetary and Credit Policy No comments yet
Poland may adopt euro in 2012
Published: September 7, 2007 17:04
September 7, 2007 - September 7, 2007

Poland may adopt the euro in 2012 at the earliest, Poland’s central bank chief Slawomir Skrzypek told Polish media

Monetary and Credit Policy No comments yet
Moldova remains among credit-risky nations - The economist intelligence unit
Published: September 5, 2007 14:56
September 5, 2007 - September 5, 2007

The Economist Intelligence Unit's Country Risk Service has placed the Republic of Moldova on the 79th position on the list of 120 nations in terms of credit risk.

Financial Markets No comments yet
Czech Finance Ministry proposes 2008 state budget with deficit at 2.95%of GDP
Published: September 3, 2007 17:06
September 3, 2007 - September 3, 2007

Budget expenditures should equal CZK 1,107 bln, up by 6.4% year-on-year (y/y), while incomes should stand at CZK 1,037 bln, up by 9.2% y/y next year

Financial Markets No comments yet
Polish utility IPO plans anger investors
Published: August 28, 2007 15:53
August 27, 2007 - August 28, 2007

27.08.2007 - Poland plans to consolidate its power companies in four regional groups, then sell shares in them to the public in a $4 billion offering. But workers and investors who bought shares in the original companies would not be able to participate in the sale.

Stock Markets No comments yet
Danske Bank Analyst Comments On Why Czech Ministry Withdrew Euro Adoption Plan
Published: August 28, 2007 15:47
August 27, 2007 - August 28, 2007

27.08.2007 - Czech Ministry of Finance has withdrawn its original plan for adoption of the euro, which was previously set for 2012. The withdrawal is due to the disagreement of Czech Prime Minister Mirek Topolanek with the concept

Monetary and Credit Policy No comments yet
Belarus abandons pegging its currency to Russian ruble
Published: August 24, 2007 17:31
August 23, 2007 - August 24, 2007

23.08.2007 - Last week the National Bank of Belarus (NBB) released a draft for the 2008 monetary policy guidelines. According to the document, Belarus would abandon pegging the Belarussian ruble to the Russian ruble in 2008.

Monetary and Credit Policy No comments yet
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