Tashkent, Uzbekistan (UzDaily.com) -- On 14 April this year, a regular meeting of the Republican Council for Work with International Ratings and Indices was held.

The event was hosted by the Chairman of the Senate of the Oliy Majlis of the Republic of Uzbekistan, Chairman of the Republican Council for International Ratings and Indices Tanzila Narbayeva. 

The meeting was attended by members of the Republican Council, senior officials of ministries and departments, representatives of non-governmental non-profit organizations and the media. 

As noted, during 2021 Uzbekistan took part in a total of 19 international rankings, which are priorities for our country, and improved its position in 11 rankings.

In particular, positive trends were noted in the Sovereign Credit Ratings. The international rating agency S&P (S&P) has changed the outlook on the credit rating of our country from negative to stable, and Moody’s - from stable to positive.

In the Global Innovation Index in 2021, Uzbekistan rose by 7 positions and took 86th place among 132 countries and entered the top 10 best countries in the world that have most noticeably improved their positions.

In Transparency International’s 2021 Corruption Perceptions Index, our country has risen by 6 positions to rank 140 out of 180 countries and has risen by 17 positions over the past five years. The report of the Organization emphasized that Uzbekistan serves as an example for the countries of Central Asia and has become one of the 6 countries in the world that have achieved the most sustainable growth rates over the past 5 years.

The event discussed the implementation of the action plan for 2021 to improve the position of our country in priority international ratings and indices of socio-economic, political and legal spheres.

In particular, over the past year, according to the plan, drafts of 43 laws, 3 codes in a new edition, 24 decrees and resolutions of the President, 44 resolutions of the Government were developed, of which 16 laws, 16 decrees and resolutions of the President, 27 resolutions of the Cabinet of Ministers were adopted.

The meeting criticized the activities of the ministries and departments that approached the implementation of the plan irresponsibly.

The event heard information from relevant ministries and departments, discussed the status of work with international ratings in the regions, existing problems and shortcomings, untapped opportunities, as well as the issue of determining some international ratings as priorities for Uzbekistan, including the “Government readiness index for artificial intelligence” , which is conducted by the UK consulting company Oxford Insights and the Institute for the Development of International Studies of Canada.

Also at the event, the Plan of organizational measures for 2022 was approved to improve the position of our country in priority international ratings and indices of socio-economic and political and legal spheres, during the year it is planned to develop 1 strategy, 5 codes, 9 laws, 2 concepts and 35 draft regulatory -legal acts.

In particular, it is planned to complete more than 300 tasks, such as a phased reduction in the provision of state guarantees when financing investment projects of state-owned companies, improvement of the “Government Hour” institution in parliament and the procedure for nominating candidates for deputies, introduction of a system for publishing information on the cost of products developed by monopoly enterprises .

As a result of the meeting, the relevant decision of the Republican Council was adopted.