TASHKENT, Uzbekistan, November 19. Central Financial institution
of Uzbekistan and representatives of European Financial institution for
Reconstruction and Improvement (EBRD) mentioned precedence areas for
the event of the capital market in Uzbekistan, Pattern reviews.
The dialogue lined the authorized restructuring of the capital
market, encompassing derivatives and sectors eligible for Central
Financial institution help, together with broader issues in regards to the
infrastructure of the capital market.
Furthermore, representatives of the Uzbek Central Financial institution and the EBRD
consultants deliberated on the joint initiatives deliberate within the close to
future.
The EBRD accredited its 5-year nation technique in 2018,
figuring out precedence areas for the Financial institution’s actions in
Uzbekistan.
In keeping with Head of EBRD workplace in Uzbekistan Andi Aranitasi,
these priorities embody the enhancement of competitiveness by
strengthening the position of the non-public sector’s position within the financial system,
and likewise the promotion of inexperienced vitality and useful resource options
throughout sectors.
Aranitasi mentioned the assist for elevated regional and
worldwide cooperation and integration has additionally been one of many
pillars of the Financial institution’s cooperation with Uzbekistan.