20 September 2024

On September 20 of this year, a meeting with the mission of the International Monetary Fund was organized at the Statistics Agency under the President of the Republic of Uzbekistan.

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This meeting was attended by employees of the central office of the Statistics Agency under the President of the Republic of Uzbekistan under the leadership of Director Begalov Bahodir Abdusalomovich, as well as representatives of the mission of the International Monetary Fund.

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The topic of the meeting was the revision of GDP statistics, the progress of the transition to "Special data Dissemination Standard" of IMF data, issues of calculating inflation, issues of technical assistance and the existing needs for the involvement of international IMF experts.

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For reference: The Statistics Agency has carried out work to improve the assessment of the informal economy and the assessment of the shadow economy. Together with international experts, as well as on the basis of suggestions and comments from relevant ministries and departments have developed "Methodological guidelines for the statistical assessment of the unobserved economy" and for the first time in the history of statistics in Uzbekistan, statistical calculations were carried out. Thus, based on the collected data, the volume of the informal and shadow economy and its impact on GDP in the context of economic sectors and regions for 2017-2023 was estimated.

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The IMF mission highly appreciated the work carried out by the Statistics Agency in improving the methodology for assessing the informal and shadow economy and also active work on the transition to a "Special data Dissemination Standard".

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