The decision, which was made public last weekend, is expected to improve the quality and speed of the internet service in the country, which has been severely compromised by the monopoly of EKTs, operated by the joint-stock company Tojiktelecom.
Kazakhstan has become the latest country to launch a digital version of its national currency, the tenge, in a bid to modernize its payment system and reduce corruption.
The bill, which was made public for discussion by the parliament on November 14, proposes fines and community service for those who violate the ban, which it says is necessary to ensure public security and identify individuals.
The upcoming legislation focuses on stricter lending rules. Lenders will face lowered government-set interest rates, enhanced borrower assessment protocols, and restrictions on new loans for those who have delayed repayments for over 90 days.
The leaders of Pakistan, Turkey and Iran arrived in Uzbekistan on Thursday for a regional economic summit, amid a diplomatic push by the Muslim countries to assert their influence in Central Asia.
French President Emmanuel Macron concluded his two-day tour of Central Asia on Saturday, visiting Kazakhstan and Uzbekistan in a bid to boost France’s strategic and economic interests in the region.
Uzbekistan, a Central Asian country with a predominantly Muslim population, has been praised for its efforts to reform its religious policies and improve its human rights record under President Shavkat Mirziyoyev, who came to power in 2016.