Executive Board
Board Discussions
on the Republic of Uzbekistan:

August 31, 2015
February 22, 2013
August 30, 2010
July 14, 2008
February 12, 2007

Article IV Staff Reports

Projected % Change
   2016  2017
Real GDP 5 5.5
Consumer Prices 8.6 9.4
Source: World Economic Outlook (April 2016)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Republic of Uzbekistan: Financial Position in the Fund

Transactions with the Fund

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Republic of Uzbekistan and the IMF
Updated June 8, 2016

On August 31, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the consideration of the Article IV consultation of Uzbekistan. Under Article IV of its Articles of Agreement, the IMF has a mandate to exercise surveillance over the economic, financial and exchange rate policies of its members in order to ensure the effective operation of international monetary system. The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually once a year, to collect and analyze data and hold discussions with governments and central bank officials. Upon its return, staff submits a report to the IMF Executive Board for discussion. The authorities have not consented to publication of the staff report.

The last Article IV Executive Board Consultation was on August 31, 2015. Listed below are items related to the Republic of Uzbekistan, in reverse chronological order (you can also view items by category).

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March 15, 2005 -- Press Release: Statement by IMF Staff Mission to the Republic of Uzbekistan
October 02, 2004 -- IMFC Statement by H. E. Hans-Rudolf Merz, Minister of Finance of Switzerland
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 82Kb
August 01, 2004 -- Analysis of Recent Growth in Low-Income CIS Countries
Author/Editor: Loukoianova, Elena | Unigovskaya, Anna
Series: Working Paper No. 04/151
May 01, 2004 -- Debt Accumulation in the CIS-7 Countries: Bad Luck, Bad Policies, or Bad Advice
Author/Editor: Helbling, Thomas | Mody, Ashoka | Sahay, Ratna
Series: Working Paper No. 04/93
April 26, 2004 -- Press Release: IMF, World Bank, EBRD and AsDB Release Report on CIS-7 Initiative
April 24, 2004 -- IMFC Statement by Hon. Jean-Pierre Roth, Chairman of the Governing Board of the Swiss National Bank
On behalf of: Republic of Azerbaijan, Switzerland, Kyrgyz Republic, Republic of Poland, Republic of Tajikistan, Turkmenistan, Republic of Uzbekistan. PDF File Size: 556Kb
April 23, 2004 -- Recent Policies and Performance of the Low-Income CIS Countries -- An Update of the CIS-7 Initiative
The second report to the Executive Boards since the launch of the CIS-7 Initiative in April 2002. This Initiative was designed to increase donor awareness about the problems of these countries, and to enhance donor and country coordination. Presents a review of recent trends and developments in the seven low-income countries of the CIS, Armenia, Azerbaijan, Georgia, Kyrgyz Republic, Moldova, Tajikistan, and Uzbekistan. Also describes donor activities in support of reforms in these areas.
January 30, 2004 -- IMF Macroeconomic Research on Low-Income Countries
December 01, 2003 -- Country Focus: The Commonwealth of Independent States -- Finance & Development - December 2003 - Volume 40 - Number 4
A decade after starting their transition to market economies, the CIS countries have achieved impressive economic growth but need to implement further structural reforms to strengthen the investment climate; a statistical analysis illustrated with six graphs.
PDF File Size: 63 Kb
December 01, 2003 -- Bridging the "Great Divide" -- Finance & Development - December 2003 - Volume 40 - Number 4
Poorly developed financial systems in the CIS-7 countries may jeopardize their sustained growth.
PDF File Size: 195 Kb
November 12, 2003 -- Press Release: IMF Deputy Managing Director Shigemitsu Sugisaki's Statement at the Conclusion of a Visit to Uzbekistan
November 11, 2003 -- Press Release: The Republic of Uzbekistan Accepts Article VIII Obligations
October 01, 2003 -- Of Openess and Distance: Trade Developments in the Commonwealth of Independent States, 1993-2002
Author/Editor: Elborgh-Woytek, Katrin
Series: Working Paper No. 03/207
October 01, 2003 -- Priorities for Further Fiscal Reforms in the Commonwealth of Independent States
Author/Editor: Lorie, Henri
Series: Working Paper No. 03/209
October 01, 2003 -- Financial Development in the CIS-7 Countries: Bridging the Great Divide
Author/Editor: De Nicoló, Gianni | Geadah, Sami | Rozhkov, Dmitriy
Series: Working Paper No. 03/205
September 21, 2003 -- Statement by the Honorable Kaspar Villiger, Minister of Finance of Switzerland, on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
on behalf of Azerbaijan, Kyrgyz Republic, Poland, Serbia and Montenegro, Switzerland, Tajikistan, Turkmenistan, Uzbekistan
September 01, 2003 -- Reforming Tax Systems: Experience of the Baltics, Russia, and Other Countries of the Former Soviet Union
Author/Editor: Stepanyan, Vahram
Series: Working Paper No. 03/173
September 01, 2003 -- Nominal Anchors in the CIS
Author/Editor: Keller, Peter | Richardson, Thomas J.
Series: Working Paper No. 03/179
May 10, 2003 -- Economic Performance and Trade in the CIS -- Speech by John Odling-Smee, Director, European II Department, IMF
Given at the International Conference dedicated to the 10th Anniversary of the National Currency of the Kyrgyz Republic, Bishkek
April 12, 2003 -- IMFC Statement by Kaspar Villiger, Minister Finance, Switzerland, April 12, 2003
The International Monetary and Financial Committee statement on behalf of the constituency consisting of Azerbaijan, Kyrgyz Republic, Poland, Switzerland, Serbia and Montenegro, Tajikistan, Turkmenistan, Uzbekistan

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