Government • 09 January, 2018

Uzbek President urges to keep money in Uzbekistan

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The Uzbek President Shavkat Mirziyoyev urged the country’s entrepreneurs to transfer their money from accounts in foreign banks to Uzbekistan, said in the extraordinary session of the Tashkent regional Kengash of People's Deputies.

The head of Uzbekistan mentioned that the government would not check entrepreneurs who will invest their money in the Uzbek economy.

‘I want to say to everyone: I will not permit to check the accounts of people who keep their money in Uzbekistan. Bring your money, build factories, create clusters, earn as much as you want. Everything, the past times have passed, what is done is done’, he stressed.

 Earlier, Kazakh President Nursultan Nazarbayev also instructed to the government to return the financial assets of domestic companies from abroad.

‘18 domestic companies hold $12.5 billion abroad, including Tengizchevroil $4.5 billion, KazMunayGas $3 billion. KazMunaiGas EP $2 billion, and the Asian gas pipeline is $1 billion. The Beyneu-Shymkent gas pipeline is 100 million’, President enumerated. He also warned that if they do not return the money, he will work differently with them.

 

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