TASHKENT, Uzbekistan, December 10. Uzbekistan
will ban cash payments for the purchase of alcohol and tobacco
products starting from April 1, 2026, Trend reports via the Chamber of Commerce and
Industry of Uzbekistan.
The initiative is stipulated in a presidential decree signed by
President Shavkat Mirziyoyev and is part of a broader strategy
titled “On Additional Measures to Promote Cashless Payments and
Reduce the Share of the Shadow Economy.”
In addition, cash payments will no longer be allowed for:
▪️ electricity, natural gas, and water supply;
▪️ fuel purchases at gas stations and services for charging
electric vehicles;
▪️ goods and services worth more than 25 million soums
($2,080);
▪️ services provided by government authorities;
▪️ real estate and vehicles of categories M, N, O, and G that are
no older than 10 years, as well as special-purpose transport.
In summary, Uzbekistan is strategically positioning itself to
elevate the proportion of digital transactions to 75% by the year
2030.
The implementation of these strategic initiatives is designed to
mitigate the prevalence of the informal sector while enhancing the
visibility and accountability of economic transactions.
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