Cooperation With International Financial Organizations
There is integration of the Republic of Uzbekistan and its Central Bank in the world community. The Central Bank maintains Mutual cooperation with:
- International Monetary Fund (IMF)
- World Bank
- European Bank for Reconstruction and Development
- Asian Development Bank
The international cooperation has allowed the bank to begin realization of the received credits on transformation system, maintenance of balance of payments, financing of private business, institutional and rehabilitation loans, and others.
There is a special working group, including an IMF representative, which is in charge of implementing further liberalization of the exchange market. The basic task of the working group is the creation of conditions, and development of a strategy, for maintenance of the convertibility of the Uzbek som on the current international operations.
The positive results of work with the international financial organizations opens new prospects for the realization of joint projects together with various economic institutes and large banks of the world.
Read more about this topic: Central Bank Of Uzbekistan
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