Baku, Azerbaijan, Feb. 28
By Nigar Guliyeva - Trend:
Uzbekistan is joining the enhanced General Data Dissemination System (E-GDDS) of the International Monetary Fund (IMF), the Uzbek Finance Ministry reported.
The Ministry hosted a meeting with the IMF mission on Feb.22-23 within the framework of technical assistance on Uzbekistan's joining the E-GDDS.
As part of joining the E-GDDS, it is planned to place data on 15 categories on the official websites of relevant ministries on a regular basis, the ministry said.
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.