Republic of Uzbekistan: Technical Assistance Report-Monetary and Financial Statistics Mission (July 17-August 2, 2019)
IMF Staff Country Reports, January 23, 2020
Source details
- Canonical URL
- Republic of Uzbekistan: Technical Assistance Report-Monetary and Financial Statistics Mission (July 17-August 2, 2019)
Other formats
Bibliographic details
- Published: January 23, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513527086.002
Mission outcomes and context
- The mission achieved all its objectives.
- Uzbekistan’s country page is now ready to be introduced in International Financial Statistics.
- Uzbekistan has recently intensified its efforts to improve its financial sector statistics.
- With the ongoing liberalization of the Uzbek economy, availability of granular data for an assessment of risks related to the financial sector is becoming more important.
Financial soundness indicators (FSIs) reporting
- Uzbekistan reports 11 core and one additional financial soundness indicators (FSI) for deposit takers on a quarterly basis for publication on the IMF’s website.
- The Prudential Supervision Department is now ready to report all core and additional FSIs for deposit takers (DT), as well as their underlying financial statements.
- Reporting frequency for these reports is planned to be increased from quarterly to monthly.
Surveys and classifications — identified gaps and technical support
- One important improvement needed, particularly for the other depository corporation survey, is the enhancement of the counterparty sector classifications.
- The mission assisted the Central Bank of Uzbekistan in establishing an initial framework for the compilation of a quarterly other financial corporation survey using the Standardized Report form 4SR.
Recommendations and implementation support
- The mission recommended a detailed action plan with the priority recommendations summarized to support progress in several areas.
Republic of Uzbekistan: Technical Assistance Report-Monetary and Financial Statistics Mission (July 17-August 2, 2019).
Content in this bundle
- 1uzbea2020001