{
  "title": "Uzbekistan: 2012 Article IV Consultation",
  "publication": "IMF Staff Country Reports, September 5, 2013",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/uzbekistan-2012-article-iv-consultation-40923",
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  "summary": "This paper discusses 2012 Article IV Consultation of Republic of Uzbekistan. Uzbekistan has been experiencing strong momentum in economic growth supported by sustained public investment and increased prices for commodity exports.",
  "publishDate": "2013-09-05",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary and macroeconomic context",
      "content": "- Uzbekistan has been experiencing strong momentum in economic growth supported by sustained public investment and increased prices for commodity exports.\n- The IMF report emphasizes that easing the restrictiveness of the foreign exchange and trade regimes is important because current restrictions:\n  - Impede the development of the financial and private sectors.\n  - Distort resource allocation.\n- Improving economic data quality and transparency is identified as a high-priority item in the action list."
    },
    {
      "heading": "Main findings and policy implications",
      "content": "- Findings:\n  - Strong economic growth driven by sustained public investment and higher commodity export prices.\n  - Restrictive foreign exchange and trade regimes act as a drag on financial sector development and private sector activity.\n  - Economic data quality and transparency are insufficient and require improvement.\n- Policy recommendations:\n  - Ease restrictions in the foreign exchange regime.\n  - Ease restrictions in the trade regime.\n  - Prioritize measures to improve economic data quality and transparency.\n\n---\n\n Content in this bundle\n\n- Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013\n  - Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/uzbekistan-2012-article-iv-consultation-40923"
    }
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    "Published: September 5, 2013",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484321614.002",
    "Uzbekistan has been experiencing strong momentum in economic growth supported by sustained public investment and increased prices for commodity exports.",
    "The IMF report emphasizes that easing the restrictiveness of the foreign exchange and trade regimes is important because current restrictions:",
    "Improving economic data quality and transparency is identified as a high-priority item in the action list.",
    "Findings:",
    "Policy recommendations:",
    "**Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013**"
  ],
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      "title": "Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013",
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