The Turkmen parliament adopted a number of bills
The Mejlis of Turkmenistan of the 7th convocation held its fourth meeting, the main topic of which was the adoption of the draft law “On the State Budget of Turkmenistan for 2024”, as well as the resolution “On the execution of the State Budget of Turkmenistan for 2022,” TDH reports.
In Uzbekistan, confectionery enterprises will receive financial support
Financial assistance for confectionery enterprises will be implemented in accordance with the Presidential Decree dated November 21, 2023, No. UP-198, which approves additional measures to enhance the quality and competitiveness of products in certain industrial sectors.
Transactions through participants' bank cards in gambling activities are prohibited for international transfers
The President has issued Resolution No. PP-381 dated November 30, 2023, on measures to strengthen the protection of consumer rights for digital products (services) and combat offenses committed through digital technologies.
The suspension of determining the rental fee in the equivalent of a sum in foreign currency has been extended
Previously, the landlord´s right to determine the fee as equivalent to a certain amount in foreign currency was suspended from the 23rd of September, 2022 to the 1st of January, 2024.
Announcement for the submission of proof of debt claims by the depositors and creditors of FBME Bank Ltd in Cyprus
Announcement for the submission of proof of debt claims by the depositors and creditors of FBME Bank Ltd in Cyprus (the “Branch”) with registration no. AE1830 – in liquidation.
In Belarus, the regulations for registering currency contracts on the National Bank's web portal have been updated
On October 1, 2023, a new version of Instruction No. 37 took effect. This update provides greater clarity on how to complete the registration form for currency contracts on the National Bank of Belarus's web portal.
New Belarusian Insolvency Law in effect from October 1: Bankruptcy under the new rules
In December 2022, a new Law No. 227-Z was signed, titled "On Insolvency Resolution", aimed at modernizing bankruptcy regulations to align with the current economic landscape in the country.
Priority areas of interaction between Turkmenistan and the World Bank Group were discussed
On October 4, 2023, in the building of the Ministry of Foreign Affairs of Turkmenistan, a meeting was held between the Deputy Minister of Foreign Affairs of Turkmenistan B.Myatiev and the World Bank’s Regional Director for Central Asia Tatiana Proskuryakova.
In Belarus, a procedure has been established for the calculation of dividends to foreign shareholders in Belarusian companies.
On September 15, 2023, the Edict of the President of the Republic of Belarus No. 282 "On Special Accounts" came into effect. This act outlines the procedures for using special accounts during the implementation of restrictive measures which are not in effect nowadays.
In Belarus, completing projects funded by the International financial institutions is underway
On September 8, 2023, the Edict of the President of the Republic of Belarus No. 282 "On Project Completion" came into effect in the Republic of Belarus. This Edict aims to address issues related to the termination of obligations to the International Bank for Reconstruction and Development, the European Bank for Reconstruction and Development, and the Nordic Investment Bank.
Changes to credit financing service rules for Belarusian banks
On July 12, 2023, the President of Belarus signed Law No. 282-Z "On Amendments to Laws Regarding Banking Activities"
ADB Expands Support for Turkmenistan
The Asian Development Bank (ADB) is developing a new strategy for Turkmenistan (CPS) that will focus on private sector development, human capital development, and climate change, ADB reports on its official website on Friday, citing the Vice-President Shixin Chen.