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Republic of Uzbekistan: 2008 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Uzbekistan

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  • International Monetary Fund

Abstract

This 2008 Article IV Consultation highlights that the Uzbek economy has performed well in recent years. The favorable external environment and improvements in macroeconomic policies resulted in high growth rates, large current account surpluses, a significant decline in the debt burden, and a more than quadrupling of foreign exchange reserves from 2003 to 2007. Executive Directors have commended the authorities for Uzbekistan’s continued strong economic performance, which has benefited from a generally favorable external environment and an improved policy framework.

Suggested Citation

  • International Monetary Fund, 2008. "Republic of Uzbekistan: 2008 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Uzbekistan," IMF Staff Country Reports 2008/235, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/235
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22184
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    Cited by:

    1. Andrea Kendall-Taylor, 2012. "Purchasing Power: Oil, Elections and Regime Durability in Azerbaijan and Kazakhstan," Europe-Asia Studies, Taylor & Francis Journals, vol. 64(4), pages 737-760.
    2. Roland Beck & Geoff Barnard, 2009. "Towards a Flexible Exchange Rate Policy in Russia," OECD Economics Department Working Papers 744, OECD Publishing.

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