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NEWS

Uzbekistan, IMF mull tax sector

www.azernews.az
7 May 2015

A mission of the International Monetary Fund and Uzbekistan’s State Tax Committee have discussed the process of carrying out reforms in the country’s tax administration and demand for IMF’s assistance in this sphere.

The IMF mission was led by Daniela Gressani, deputy director of the organization’s Middle East and Central Asia Department, according to the Committee.

The sides discussed the issues related to improving the tax administration, reformation of the tax policy, reducing the tax burden, expanding the tax base and the measures to create new jobs, according to the message.

They also discussed the issues of rendering interactive services by the Uzbek State Tax Committee and their role in the tax administration and expanding the taxable basis, according to the message from the State Tax Committee.

A representative of Uzbekistan’s financial circles told Trend that the IMF mission arrived in the country on Apr.29 and the visit will last till May 14.

During the visit, meetings will be held in Uzbekistan’s Central Bank, Ministry of Finance and other ministries. These meetings will focus on the issues related to the recommendations of IMF as part of rendering technical assistance.

Moreover, the IMF representatives intend to hold meetings with the government members, representatives of the civil society and private sector of Uzbekistan.

Uzbekistan became a member of IMF in 1992. IMF’s representative office started operating in Uzbekistan from 1993.