Republic of Uzbekistan: 2025 Article IV Consultation-Press Release; and Staff Report

Author: International Monetary Fund. Middle East and Central Asia Dept.

Volume/Issue: Volume 2025 Issue 143

Publication date: June 2025

ISBN: 9798229014755

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Topics covered in this book

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Exports and Imports , Inflation , Public Finance , Government debt management , Inflation , Public and publicly-guaranteed external debt , Debt sustainability analysis , Contingent liabilities

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Summary

Uzbekistan has made remarkable progress in its transition to a market-oriented economy. Far-reaching economic reforms have transformed the economy and spurred capital inflows which, combined with buoyant remittances and favorable commodity prices, have driven robust growth. The authorities remain firmly committed to their reform agenda to entrench macro-financial stability, reduce the footprint of the state in the economy, and foster a vibrant private sector.