Uzbekistan’s Ministry of Finance reported that Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov met representatives of the International Monetary Fund (IMF) mission for Uzbekistan under the Article IV consultation to discuss the economy’s current position, outlook and priority reforms, including fiscal and monetary policy issues. The meeting took place as part of the IMF Article IV mission in Tashkent from 26 March to 9 April 2026, led by mission chief Yasser Abdih. Discussions covered maintaining macroeconomic stability, supporting growth and controlling inflation, developing export-import operations and logistics, reforms in agriculture and land relations, and ongoing work to transform state-owned enterprises and banks, advance energy-sector reforms, improve sovereign credit ratings, expand public-private partnership projects and reduce the shadow economy. The agenda also included deployment of artificial intelligence and related youth training, pension reform, parameters for the 2026 state budget, financial-sector development and progress in implementing Financial Sector Assessment Program (FSAP) recommendations. Both sides characterised Uzbekistan–IMF cooperation as constructive and signalled their readiness to continue dialogue and strengthen cooperation to support reforms.
Ministry of Finance (Republic of Uzbekistan) 2026-03-31
Uzbekistan Ministry of Finance reviews 2026 budget parameters and FSAP implementation with International Monetary Fund Article IV mission
Uzbekistan’s Ministry of Finance reported that Deputy Prime Minister and Economy and Finance Minister Jamshid Kuchkarov met the IMF mission under the Article IV consultation to review the economic outlook and priority reforms. Discussions in Tashkent focused on macroeconomic stability, inflation control, state-owned enterprise and bank transformation, energy-sector reforms, financial-sector development and implementation of Financial Sector Assessment Program recommendations. Both sides described cooperation as constructive and ready to deepen engagement in support of reforms.