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Wednesday, 04 November 2026RU UZ EN

CBU ratesUSD11 911.71▼ 29.94EUR13 319.67▼ 63.34RUB146.49▼ 1.16CNY1 785.22▼ 10.95KZT26.30▼ 0.06GBP15 974.79▼ 42.55As of 04.11.2026

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Uzbekistan considers bill on escrow accounts in shared-equity construction

The system is intended to protect buyers’ money and reduce the risk of fraud

04 Nov, 12:11

The bill provides for placing buyers’ funds in special bank accounts. Developers will be able to receive these funds only after meeting the established conditions, the National Committee for Sustainable Development of Urbanization and the Housing Market reported.

According to the mechanism’s authors, escrow accounts will also help prevent construction from being halted: if serious problems arise with a project, another developer can be brought in. The committee identified the protection of buyers’ funds, developers’ fulfilment of their obligations and equal conditions for market participants as priorities.

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