## Uzbekistan: 2012 Article IV Consultation

_IMF Staff Country Reports, September 5, 2013_

## Source details

**Canonical URL:** [Uzbekistan: 2012 Article IV Consultation](https://www.imf.org/en/publications/cr/issues/2016/12/31/uzbekistan-2012-article-iv-consultation-40923)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/uzbekistan-2012-article-iv-consultation-40923/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/uzbekistan-2012-article-iv-consultation-40923/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/uzbekistan-2012-article-iv-consultation-40923/bundle-manifest.json)

## Bibliographic details
- Published: September 5, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484321614.002

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### Summary and macroeconomic context
- 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:
  - Impede the development of the financial and private sectors.
  - Distort resource allocation.
- Improving economic data quality and transparency is identified as a high-priority item in the action list.

### Main findings and policy implications
- Findings:
  - Strong economic growth driven by sustained public investment and higher commodity export prices.
  - Restrictive foreign exchange and trade regimes act as a drag on financial sector development and private sector activity.
  - Economic data quality and transparency are insufficient and require improvement.
- Policy recommendations:
  - Ease restrictions in the foreign exchange regime.
  - Ease restrictions in the trade regime.
  - Prioritize measures to improve economic data quality and transparency.

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## Content in this bundle

- **Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013**
  - [Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr13278.pdf.md){rel="alternate" type="text/markdown"}
  - [Republic of Uzbekistan: 2012 Article IV Consultation; IMF Country Report 13/278; February 1, 2013 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr13278.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/uzbekistan-2012-article-iv-consultation-40923_