IMF may open technical assistance center for Central Asia in Uzbekistan
Baku, Azerbaijan, March 29
By Fakhri Vakilov – Trend:
The International Monetary Fund (IMF) plans to open a technical assistance center in Central Asia, Trend reports with reference to the Ministry of Finance of Uzbekistan.
Ministry of Finance of Uzbekistan spoke on the subject in a meeting with a delegation of the Federal Department of Finance and Financial Markets and the State Secretariat for International Finance Matters (SIF) of Switzerland.
"The IMF plans to open a technical assistance center in Central Asia. The Swiss side will provide full or partial funding for the center. The IMF is exploring cities in the region to host the center, and Tashkent is one of the best candidates. The center is designed to provide technical assistance in two areas: training and retraining of specialists, as well as the provision of technical assistance in various areas," Ministry of Finance noted.
At the end of the meeting, the parties agreed to consider the draft memorandum on strengthening financial cooperation between the two countries and sign it in the future.
Earlier it was reported that the mission of the International Monetary Fund, headed by senior financier Albert Eger, which recently visited Uzbekistan, shared his conclusions regarding the current state of Uzbekistan’s economy and prospects for its future development.
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