Uzbekistan get IMF backing for convertibility plan

Horst Koehler assured Uzbekistan that the IMF's staff are ready to provide the necessary assistance in regard to Uzbekistan taking on obligations arising from Article 8 of the IMF Charter by the end of 2003.

Source: Uzbek Television

We have already mentioned in our [previous] programme that in June the government publicized the action plan to ensure convertibility of the national currency on current transactions. The IMF has studied this plan, and a few days ago the IMF Managing Director Horst

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