Uzbekistan and IMF Discuss Improving Public Finance Management

From August 18 to 21, 2026, a delegation from Russia visited Uzbekistan to expand bilateral cooperation in the field of public financial management and treasury services. The delegation was headed by Alexander Mikhailik, Deputy Head of the Federal Treasury of Russia, according to the Ministry of Economy and Finance of Uzbekistan.

During the visit, representatives of the Russian Federal Treasury and the Treasury Service Committee under the Ministry of Economy and Finance of Uzbekistan held discussions. The main topics included the centralization of accounting processes in state institutions, budget accounting management, and improving financial reporting systems. Attention was also paid to the digitalization of public financial management and the implementation of modern information technologies in treasury operations.

Bilateral treasury interaction is carried out based on the Memorandum of Technical Cooperation signed in 2017 between the Federal Treasury of Russia and the Ministry of Economy and Finance of Uzbekistan, as well as the Joint Cooperation Program valid from 2024 to 2026. Additionally, partnership activities are regulated by a second Memorandum of Technical Cooperation, which was signed on December 9, 2024, between the Federal Treasury of Russia and the Treasury Service Committee of Uzbekistan.

During the delegation's stay, officials plan to develop a new trilateral cooperation program for the period 2027–2029. According to data from the Ministry of Economy and Finance of Uzbekistan, the goal of the meetings is to strengthen operational ties between the treasury bodies of both countries and implement best practices in the field of public financial administration.

The Ministry of Foreign Affairs of Uzbekistan reported that on August 19, 2026, another round of bilateral political consultations took place in Tashkent between the Ministries of Foreign Affairs of Uzbekistan and Azerbaijan.

The meeting was held under the leadership of Bobur Usmanov, Deputy Minister of Foreign Affairs of Uzbekistan, and Samir Sharifov, Deputy Minister of Foreign Affairs of Azerbaijan. The parties discussed the current state and future prospects of Uzbek-Azerbaijani relations within the framework of their strategic partnership and alliance.

Significant attention was paid to strengthening political dialogue and expanding bilateral interaction. An important part of the meeting was the preparation for upcoming high-level events, as well as measures to develop trade, economic, and investment cooperation.

Transport and logistics, energy, and cultural and humanitarian exchange were identified as priority areas for joint work. Participants emphasized the need to raise practical cooperation to a higher qualitative level.

Discussions focused on promoting new joint industrial projects and utilizing existing economic potential to stimulate further growth in bilateral trade. The delegations also noted opportunities to activate cooperation in the fields of healthcare and culture, exchanging views on current regional and international issues.

In Tashkent, Uzbekistan, the regular meeting of the interparliamentary groups 'Uzbekistan – Turkey' and 'Turkey – Uzbekistan' took place. According to a statement from the press service of the Senate of the Oliy Majlis of the Republic of Uzbekistan, on August 13, 2026, the parties discussed the current state and future prospects of bilateral interaction.

Particular attention was paid to the implementation of the roadmap for parliamentary cooperation for the period 2026–2027. It was emphasized that relations between the two states have reached the level of comprehensive strategic partnership, which is based on the political will and mutual trust of the leaders of Uzbekistan and Turkey.

Participants noted the activation of interparliamentary dialogue and mutual visits in recent years. In particular, the parties reviewed the progress in implementing the cooperation roadmap for 2026–2027, signed in April between the Oliy Majlis of Uzbekistan and the Grand National Assembly of Turkey.

During the meeting, opinions were exchanged regarding the organization of joint events and official visits, the exchange of experience in legislative processes and parliamentary oversight, as well as support for mutual initiatives within international parliamentary organizations.

Significant attention was given to expanding trade, economic, and investment cooperation. The parties discussed the need for legislative support for industrial cooperation projects, the development of transport and transit communications, as well as strengthening educational, tourism, and cultural and humanitarian exchange and interregional ties.

Following the meeting, it was decided to ensure parliamentary control over the implementation of agreements reached at the highest level. Furthermore, the parties agreed to organize a visit by the leadership of the Grand National Assembly of Turkey to Uzbekistan.

It was also decided to promote the participation of young Turkish parliamentarians in the XII Global Conference of Young Parliamentarians, which will be held in Samarkand.