Banks & Finance

Uzbekistan Targets Development of Secondary Government Bond Market

The Cabinet of Ministers of Uzbekistan has approved the relevant resolution
Photo: Depositphotos

Uzbekistan has approved a programme for the development of the secondary government bond market, according to a government resolution.

The adopted document aims to modernise the budget system and enhance the efficiency of public spending and investments. The strategy for managing public debt over the next three years is expected to be implemented.

Plans include measures to support the secondary market for government bonds and the issuance of short-term securities.

Starting in September this year, the republic plans to provide government debt reports in the PSDS statistical database.