TASHKENT, Uzbekistan, May 8. A new corporate
procurement card system, “Xarid,” has been introduced within the
UZCARD payment network for use by budgetary organizations and
state-owned enterprises in Uzbekistan, Trend reports via UZCARD.
The initiative is grounded in a Cabinet of Ministers resolution
dated February 24, 2025, aimed at regulating and digitizing the
procurement processes of over 20,000 government entities.
Mikrokreditbank has begun the initial issuance of the cards to
state institutions.
The cards are designated for specific categories of government
expenditure, including accommodation and transportation costs for
official business trips, as well as the purchase of fuel and
electricity at charging stations. The system is intended to replace
traditional manual processing with a digital framework integrated
into the state treasury and the UzASBO accounting system.
The technical infrastructure developed for the project enables
the state procurement regulator to monitor transactions via a
centralized platform. This includes the automatic registration of
invoices and the capability to set expenditure limits according to
specific merchant category codes (MCC). Integration with the Tax
Committee’s database further ensures that electronic fiscal
receipts are captured for each transaction.
Currently, several government bodies, including the Agency for
Governance Efficiency and the Agency for the Development of the
Pharmaceutical Industry, have transitioned to the new payment
system. Implementation is overseen by the state procurement
regulator to ensure adherence to national financial reporting
standards.
