On January 20, the Ministry of Finance together with “Raiffeisen Bank International” organized a global video conference with the participation of about 30 international investors.

At the conference with the participation of the Deputy Minister of Finance of the Republic of Uzbekistan Odilbek Isakov and senior officials of the ministry and the central bank, international investors were familiarized with information on the growth rates of the country's economy, long-term factors of expected economic growth, fiscal policy and public debt, monetary policy instruments and their impact on inflation. 

In particular, taking into account the situation in the global economy due to the coronavirus pandemic and negative economic growth in a number of countries, according to preliminary estimates, Uzbekistan achieved positive economic growth of 1.6%.

Investors also highly appreciated the direction of funds received from international bonds placed in national currency to finance a number of projects to achieve the Sustainable Development Goals of Uzbekistan, monitoring the implementation of projects together with international experts and further widespread implementation of this practice in other investment projects.

During the teleconference, answers were given to questions from international investors about the continuation of the country's privatization program, structural and institutional reforms, basic plans and targets for financial plans and monetary policy for 2021. 

Source: Ministry of Finance of the Republic of Uzbekistan