Uzbekistan: Recent Economic Developments
October 31, 1997
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This paper reviews economic developments in the Republic of Uzbekistan during the 1990s. After several years of high inflation, the thrust of financial policies was shifted toward stabilizing prices and the exchange rate in late 1994, following the introduction of the national currency. In 1995, stabilization and structural reform efforts were intensified, and the authorities’ economic program for 1995 was supported by a first drawing under the IMF’s Systemic Transformation Facility and a rehabilitation loan from the World Bank.
Subject: Agricultural commodities, Banking, Commercial banks, Commodities, Currencies, Exports, Financial institutions, Foreign exchange, Imports, International trade
Keywords: Agricultural commodities, Baltics, broad money, Central Asia, Commercial banks, CR, Exports, foreign exchange, Imports, ISCR, market price, minimum wage, trade balance, U.S. dollar
Pages:
113
Volume:
1997
DOI:
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Issue:
098
Series:
Country Report No. 1997/098
Stock No:
1UZBEA0011997
ISBN:
9781451839777
ISSN:
1934-7685
