Published February 28, 2026
| Version v1
Journal article
Open
CURRENCY POLICY LIBERALIZATION IS AN IMPORTANT CONDITION FOR ECONOMIC GROWTH
Authors/Creators
- 1. Head of department, Institute for Legislative Analysis and Regulatory Impact Assessment under the Ministry of Justice
Description
This article analyzes the currency policy liberalization reforms implemented in Uzbekistan in 2017. Through these reforms, free access to foreign currency was granted to all entrepreneurs and individuals, bureaucratic barriers and sectoral privileges were abolished, and as a result exports and investments were stimulated, business activity increased, and overall economic prosperity was strengthened.
Files
28-32.pdf
Files
(289.7 kB)
| Name | Size | Download all |
|---|---|---|
|
md5:eb9f2c843c6a9bf8e72c0da897758338
|
289.7 kB | Preview Download |
Additional details
References
- 1. O'zbekiston Respublikasi Prezidentining "Valyuta siyosatini liberallashtirish boʻyicha birinchi navbatdagi chora-tadbirlar toʻgʻrisida"gi 2017-yil 5-sentabrdagi PF-5177-son Farmoni URL: https://lex.uz/ru/docs/-3326421;
- 2. Anderson, K., Ginting, E. and Taniguchi. K. (2020) Uzbekistan country diagnostics study: Quality job creation as a cornerstone for sustainable economic creation, ADB. URL:https://www.adb.org/publications/uzbekistan-job-creation-economic-growth;
- 3. Tsereteli, M. (2018). The Economic Modernization of Uzbekistan. A Joint Transatlantic Research and Policy Center. URL: https://www.silkroadstudies.org/resources/pdf/SilkRoadPapers/2018-04-Tsereteli-Uzbekistan.pdf;
- 4. Holzhacker, H. (2018). Uzbekistan Diagnostic: Assessing Progress and Challenges in Unlocking the Private Sector's Potential and Developing a Sustainable Market Economy. EBRD. URL: https://www.ebrd.com/publications/country-diagnostics;
- 5. Lagarde, Ch. (2019). Uzbekistan's Reforms: A New Equation for Inclusive Growth and Cooperation. Speech delivery. URL: https://www.imf.org/en/News/Articles/2019/05/17/sp051719-lagarde-uzbekistan-reforms-a-new-equation-for-inclusive-growth-and-cooperation;
- 6. World Bank Systematic Country Diagnostics for Uzbekistan (2016). URL:https://documents1.worldbank.org/curated/en/304791468184434621/pdf/106454-REVISED- PUBLIC-SecM2016-0167-1.pdf