U.S. Department of the Treasury will assist in the Strategy implementation
On June 12, U.S. Department of the Treasury delegation led by Deputy Assistant Secretary for Technical Assistance Policy William Larry McDonald visited the Capital Market Development Agency of the Republic of Uzbekistan.
The Department of the Treasury is an executive department and the treasury of the United States federal government. Established by an Act of Congress in 1789 to manage government revenue, the Treasury prints all paper currency and mints all coins in circulation through the Bureau of Engraving and Printing and the United States Mint, respectively, collects all federal taxes through the Internal Revenue Service, manages U.S. government debt instruments, licenses and supervises banks and thrift institutions, and advises the legislative and executive branches on matters of fiscal policy.
Director of the Capital Market Development Agency of the Republic of Uzbekistan Atabek Nazirov told the guests about activities of the agency, the concept of the Capital Market Development Strategy for the next five years. An agreement was reached on assistance of the U.S. Treasury experts in implementation of the Strategy for development of issuing bonds denominated in local currency, and improving legislation.
Munavvar Razakova, UzA