Republic of Uzbekistan

Uzbekistan is embarking on a comprehensive reform program to strengthen public financial management and fiscal transparency. Wide-ranging reforms to improve the coverage, reliability, quality, and accessibility of fiscal reports are being developed and implemented, and some good progress already made. More information on the use of public funds is now being disclosed. Concept notes have also been prepared to strengthen public financial management, fiscal reporting and to support the introduction of a medium-term budget framework. Successful implementation of these reforms will result in meaningful gains in fiscal transparency, which can help underpin credibility and confidence in the management of public funds and enhance transparency, accountability, and public engagement.