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Home»Economics»Shavkat Mirziyoyev meets IMF’s Bo Li to advance macroeconomic reform co-op
Economics

Shavkat Mirziyoyev meets IMF’s Bo Li to advance macroeconomic reform co-op

By CharlotteJune 30, 20262 Mins Read
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BAKU, Azerbaijan, June 29. Uzbek President
Shavkat Mirziyoyev met with International Monetary Fund (IMF)
Deputy Managing Director Bo Li to discuss expanding cooperation on
macroeconomic reforms, digital payments and public finance
modernization.

This was reflected in the statement published by the press
service of the Uzbek president.

Bo Li, who is visiting Uzbekistan to attend the latest meeting
of the IMF’s Swiss Constituency, conveyed greetings and best wishes
from IMF Managing Director Kristalina Georgieva at the start of the
meeting.

The two sides exchanged views on the current state and outlook
of global financial markets and reviewed progress in implementing
agreements reached during Mirziyoyev’s meeting with Georgieva in
New York in September last year.

According to the presidential press service, the discussions
focused on strengthening practical cooperation with the IMF,
particularly in support of Uzbekistan’s ongoing economic reform
agenda.




The IMF’s contribution to reforms in monetary, fiscal and
exchange rate policies was highlighted, while both sides stressed
the importance of expanding technical assistance in developing the
country’s macroeconomic policy strategy, advancing digital payment
systems, liberalizing capital flows, improving national statistics
methodology, strengthening public revenue management and
maintaining a market-based exchange rate.

The meeting also addressed broadening training programs for
specialists from Uzbekistan’s economic institutions.

“The IMF plays an important role in supporting Uzbekistan’s
large-scale reforms, including improvements in monetary, fiscal and
exchange rate policies,” the presidential press service said in a
statement.

“The sides emphasized the need to expand expert and technical
assistance in developing the macroeconomic policy strategy, digital
payments, capital account liberalization, improving national
statistics methodology, public revenue management and maintaining a
free exchange rate,” the statement added.





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