Economy
Octobank Explains: How Cash Payments Were Restricted in Uzbekistan — and What it Means for the Region
Octobank Explains: How Cash Payments Were Restricted in Uzbekistan — and What it Means for the Region
As of April 1, new rules have come into force in Uzbekistan significantly limiting the use of cash for payments across a range of goods and services. This is not a complete elimination of cash, but rather targeted regulation of the most “sensitive” segments — those where informal transactions have traditionally been widespread.
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