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Uzbekistan seeks to join IMF General Data Dissemination System

Business Materials 30 November 2017 14:35 (UTC +04:00)
Uzbekistan intends to complete all work on joining the enhanced General Data Dissemination System (E-GDDS) of the International Monetary Fund (IMF) by the end of next year

Baku, Azerbaijan, Nov. 30

By Nigar Guliyeva – Trend

Uzbekistan intends to complete all work on joining the enhanced General Data Dissemination System (E-GDDS) of the International Monetary Fund (IMF) by the end of next year, Uzbek media reported.

"In January-February of the next year, the IMF mission arrives for technical assistance, and by the end of 2018 we intend to complete all work on joining the General Data Dissemination System," said Bokhodir Mirusmanov, the first deputy chairman of the State Statistics Committee.

This will allow Uzbekistan to provide foreign investors, leading foreign companies and international financial institutions with full access to various economic data in the format in which they are accustomed, and will provide an opportunity to stimulate an increase in the volume of attracted foreign investment, as many foreign investors today do not trust official Uzbek statistics .

Today, the IMF Statistics Department is one of the key players in the international statistical cooperation.

The International Monetary Fund annually publishes a wide range of data on loans, exchange rates, as well as economic and financial statistics and on Uzbekistan's entry into the E-GDDS.

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