Uzbekistan plans to further liberalize its foreign exchange market

Uzbekistan plans to further liberalize its foreign exchange market. This is stated in the draft State Program “Year of Active Investments and Social Development”, which is based on the Actions Strategy along five priority areas of development of the Republic of Uzbekistan in 2017-2021.

In particular, the draft normative-legal document will be developed by March 1, 2019.

It is planned that the project will eliminate unreasonable restrictions on the exchange of foreign currencies.

Responsible bodies for execution of the project are the Central Bank, the Ministry of Finance, and the Ministry of Economy.

Earlier, it was reported that the currency exchange offices would be equipped with video surveillance cameras.