The regular meeting of finance ministers and heads of central banks of the SCO Member States took place.

Special emphasis was placed on deepening financial partnership, ensuring economic stability, and sharing best practices in finance.

The participants emphasized the role of financial cooperation within the SCO in ensuring regional economic stability.

Project financing mechanisms were discussed, and the initiative to create the organization’s Development Bank was supported.

The Uzbekistan delegation members stressed the need to intensify practical cooperation in macroeconomic policy coordination and support for public-private partnership and privatization processes to increase investment inflows.

According to the Ministry of Economy and Finance, technological changes and climate risks, systematic analysis, and threat assessment are becoming significant in the context of the instability of the global economy. In this context, launching the SCO network of financial analytical centers was noted with satisfaction.

Following the meeting, the participants agreed to consistently continue joint efforts to deepen financial cooperation within the SCO, stimulate mutual trade and investment, and ensure regional economic stability.

Nasiba Ziyodullayeva, UzA