Republic of Uzbekistan: 2008 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Uzbekistan

July 25, 2008

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Format: Chicago

Republic of Uzbekistan: 2008 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Uzbekistan, (USA: International Monetary Fund, 2008) accessed November 26, 2024

Summary

This 2008 Article IV Consultation highlights that the Uzbek economy has performed well in recent years. The favorable external environment and improvements in macroeconomic policies resulted in high growth rates, large current account surpluses, a significant decline in the debt burden, and a more than quadrupling of foreign exchange reserves from 2003 to 2007. Executive Directors have commended the authorities for Uzbekistan’s continued strong economic performance, which has benefited from a generally favorable external environment and an improved policy framework.

Subject: Banking, Budget planning and preparation, Expenditure, External debt, Fiscal policy, Fiscal stance, Inflation, Prices, Public debt, Public financial management (PFM)

Keywords: Article IV consultation discussion, Broad money growth, Budget planning and preparation, Consultation, Consultation informational annex, CR, Fiscal stance, Foreign direct investment inflow, Global, IMF office, Inflation, ISCR, U.S. dollar, Uzbek authorities, Uzbek economy, Uzbekistan

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/235
Stock No:

1UZBEA2008003
ISBN:

9781451839852
ISSN:

1934-7685

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