Republic of Uzbekistan: Technical Assistance Report-Fiscal Transparency Evaluation Update
IMF Staff Country Reports, May 1, 2019
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- Republic of Uzbekistan: Technical Assistance Report-Fiscal Transparency Evaluation Update
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Bibliographic details
- Published: May 1, 2019
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781498312721.002
Summary of progress
- The report provides a summary of progress made since the prior Fiscal Transparency Evaluation and is based on practices in place at the time of a Fiscal Affairs Department visit.
- Uzbekistan has improved its fiscal transparency practices against eight of the Code’s standards since the June evaluation.
- Most improvements have been accomplished in the areas of fiscal forecasts and budgeting, and fiscal risk disclosure.
Key findings
- Improvements recorded against eight of the Code’s standards.
- Notable advances in:
- Fiscal forecasts and budgeting.
- Fiscal risk disclosure.
- A road map has been developed to:
- Expand the coverage and quality of fiscal reports.
- Better align fiscal reporting with international standards.
- Further enhance fiscal risk disclosure.
- Ensure greater parliamentary scrutiny of the budget.
Commitments and ongoing work
- Work has commenced to identify all off-budget fiscal activities.
- The government has committed to including off-budget fiscal activities in future budget and government finance statistics (GFS) reports.
- Efforts are underway to expand the coverage of GFS reports so that they reflect all general government fiscal transactions, including those of nonmarket state-owned enterprises.
Thematic scope
- Subjects covered include:
- Budget planning and preparation
- Fiscal policy
- Fiscal risks
- Fiscal transparency
- Macroeconomic and fiscal forecasts
- Public financial management (PFM)
Document identifiers and logistics (as cited in the content)
- Pages: 13
- Volume: 2019
- Issue: 116
- Series: Country Report No. 2019/116
- DOI: https://doi.org/10.5089/9781498312721.002
- Stock No: 1UZBEA2019001
- ISBN: 9781498312721
- ISSN: 1934-7685
- Publication date noted: May 1, 2019
Republic of Uzbekistan: Technical Assistance Report-Fiscal Transparency Evaluation Update
Content in this bundle
- Republic of Uzbekistan Fiscal Transparency Evaluation Update