Committee of the Treasury service under the Ministry of Economy and Finance of the Republic of Uzbekistan

On May 12, 2026, a meeting was held at the Treasury Service Committee under the Ministry of Economy and Finance of the Republic of Uzbekistan with the participation of members of the mission of the World Bank and the International Monetary Fund.

The meeting was attended by heads of departments of the Ministry of Economy and Finance of the Republic of Uzbekistan, Chairman of the Treasury Service Committee A. Khaydarov, Deputy Chairman N. Juraev, Director of the State Unitary Enterprise “Information Technology Center” F. Khudamkulov, heads of treasury system departments, as well as other responsible officials.

The mission of the World Bank and the International Monetary Fund was represented by Senior Private Sector Specialist Erali Beksultan, Lead Public Financial Management Specialist Arman Vatyan, Senior Public Financial Management Specialist Garik Seryan, Public Financial Management Specialist Nurgul Tattibekova, International Public Financial Management Consultant Vardan Aramyan, International Public Financial Management Consultant Ruslana Rudnitska, Public Financial Management Consultant Firuza Sayfullayeva, Consultant Anna Ubaydullayeva, and Program Assistant Luiza Alimova.

The parties discussed the ongoing reforms aimed at modernizing the public financial management system, improving treasury operations, and digitalizing the sector. At the same time, the continuous practical and technical support provided by the World Bank was particularly acknowledged.

During the meeting, special attention was given to enhancing the Treasury’s capacity for liquidity management and forecasting. In particular, the participants exchanged views on the outcomes of the training and practical seminar organized jointly with the International Monetary Fund, as well as on modern forecasting mechanisms and international experience.

In addition, opportunities for the use of new financial instruments in managing idle funds of the Single Treasury Account were reviewed, and the action plan developed for their gradual implementation was discussed.

Furthermore, prospective areas of cooperation were identified with regard to expanding the coverage of the Single Treasury Account and ensuring broader inclusion of budget organizations and other state financial resources within this system.

At the conclusion of the meeting, the parties emphasized their readiness to consistently continue cooperation aimed at improving the efficiency of public financial management and further developing the treasury system.