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Finance 20/01/2025 The Central Bank of Uzbekistan discusses cooperation prospects with international financial institutions

The Central Bank of Uzbekistan discusses cooperation prospects with international financial institutions

Tashkent, Uzbekistan (UzDaily.com) — The leadership of the Central Bank of the Republic of Uzbekistan held a meeting with the heads of the representative offices of leading international financial institutions (IFIs), including the World Bank, the International Monetary Fund (IMF), the Asian Development Bank (ADB), the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), and the Islamic Development Bank (IDB).

During the meeting, participants discussed the current state of cooperation and outlined ways to expand collaboration on the Central Bank's new initiatives for the current year.

Special attention was given to the importance of recommendations and technical assistance from IFIs in key areas such as:

  • Enhancing the functions of the Central Bank: further development and modernization of the regulator's activities.
  • Improving financial accessibility: expanding access to financial services for the population and small and medium-sized businesses.
  • Developing the financial market: implementing advanced international practices and modern tools.
  • Joint research: conducting analytical work on pressing issues in the financial sector.

As a result of the meeting, the parties agreed to continue active dialogue and cooperation on the implementation of the planned initiatives this year. This will help strengthen Uzbekistan's financial system and contribute to the country's sustainable economic development.

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