Executive Board
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on the Republic of Uzbekistan:

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August 31, 2015
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Republic of Uzbekistan: Financial Position in the Fund

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Republic of Uzbekistan and the IMF
Updated June 8, 2016

On August 31, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the consideration of the Article IV consultation of Uzbekistan. Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with governments and central bank officials. Upon its return, staff submits a report to the IMF Executive Board for discussion. The authorities have not consented to publication of the staff report.

The last Article IV Executive Board Consultation was on August 31, 2015. Listed below are items related to the Republic of Uzbekistan, in reverse chronological order (you can also view items by category).

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January 22, 2003 -- Press Release: Lucerne Conference on the CIS-7 Initiative
December 16, 2002 -- News Brief: CIS-7 Poverty Reduction Strategy Forum Sees New Opportunity to Reduce Poverty
December 01, 2002 -- Cross-Border Issues in Energy Trade in the CIS Countries
Author/Editor: Dodsworth, John | Mathieu, Paul Henri | Shiells, Clinton R.
Series: Policy Discussion Paper No. 02/13
September 28, 2002 -- IMFC Statement by the Honorable Kaspar Villiger, President of Switzerland and Minister of Finance
The International Monetary and Financial Committee statement on behalf of the of the constituency comprising Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan
September 28, 2002 -- Press Briefing on Developments in Baltic and CIS Countries, Opening Remarks by John Odling-Smee, Director, European II Department, IMF
July 29, 2002 -- Republic of Uzbekistan -- Staff Monitored Program Letter of Intent, July 29, 2002
This letter of intent describes the policies that the Republic of Uzbekistan is implementing in the framework of a staff-monitored program.
July 02, 2002 -- Transcript of a Press Briefing By Thomas C. Dawson, Director, External Relations Department, IMF
April 20, 2002 -- Press Release: Ministers Endorse International Initiative for Seven Poor Countries of the Commonwealth of Independent States
April 20, 2002 -- Statement by the Honorable Kaspar Villiger, President of Switzerland and Minister of Finance, International Monetary and Financial Committee, Washington, D.C., April 20, 2002
IMFC member for the constituency consisting Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan, Serbia and Montenegro
April 08, 2002 -- Financial Soundness Indicators : Analytical Aspects and Country Practices
Series: Occasional Paper No. 212
January 31, 2002 -- Uzbekistan Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 31, 2002
This memorandum describes the policies that Uzbekistan is implementing in the framework of a staff-monitored program.
December 11, 2001 -- IMF Staff Papers - Dezember 2001 - Welfare Effects of Uzbekistan’s Foreign Exchange Regime By Christoph B. Rosenberg and Maarten de Zeeuw
In addition to transferring about 16 percent of GDP from exporters to importers, Uzbekistan’s quasi-fiscal multiple exchange rate regime generates identifiable welfare losses of 2-8 percent of GDP on import markets and up to 15 percent on export markets.
November 17, 2001 -- Statement by Mr. Jean-Pierre Roth, Chairman of the Swiss National Bank, to the International Monetary and Financial Committee, Washington, D. C., November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Uzbekistan, and the Federal Republic of Yugoslavia
October 01, 2001 -- The Russian Financial Crisis and its Consequences for Central Asia
Author/Editor: Pastor, Gonzalo C. | Damjanovic, Tatiana
Series: Working Paper No. 01/169
October 01, 2001 -- The Russian Financial Crisis and its Consequences for Central Asia
Author/Editor: Pastor, Gonzalo C. | Damjanovic, Tatiana
Series: Working Paper No. 01/169
April 29, 2001 -- IMFC and Development Committee Joint Meeting Statement by Messrs. Kaspar Villiger, Minister of Finance and Pascal Couchepin, Minister of Economic Affairs of Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Tajikistan, Turkmenistan, Uzbekistan, Serbia and Montenegro
March 28, 2001 -- Transcript of a Press Briefing by Thomas Dawson, Director, External Relations Department
Welcome to another one of our regular press briefings
September 24, 2000 -- Statement to the IMFC by Mr. Kaspar Villiger, Minister of Finance of Switzerland
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan
April 16, 2000 -- Statement by Mr. Kaspar Villiger, Minister of Finance of Switzerland to the International Monetary and Financial Committee, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Azerbaijan Republic, Kyrgyz Republic, Republic of Poland, Switzerland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan
March 29, 2000 -- Republic of Uzbekistan: Recent Economic Developments
Series: IMF Staff Country Report No. 00/36

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