Coordination Council on Capital Market Reforms established in Uzbekistan

On March 13, the first meeting of the interdepartmental coordinating council, dedicated to the promotion of the Capital Market Development Strategy of Uzbekistan, was held, the Capital Market Development Agency reports Kun.uz.

The council included representatives of the Presidential Administration, the Senate of Oliy Majlis, the economic bloc of the government, the Anti-Monopoly Committee, the representative office of international financial institutions and other relevant state bodies.

During the meeting, key issues on beginning the work of the coordinating council for further implementation of comprehensive measures to reform the financial ecosystem were discussed.

The main function of the council is to implement reforms in the economic sector of the capital market, through the coordination and monitoring of the activities of a project group under the Capital Market Development Agency.

The project team will include local and international experts, whose task is to study the capital market in detail, identify problems and make recommendations for their solution, as well as make proposals for changing the legislation and developing new acts.