Tashkent, Uzbekistan (UzDaily.uz) — An Uzbek delegation has studied the UK’s experience in financing higher education and managing student loans during a visit to the London School of Economics and Political Science (LSE), the press service of Uzbekistan’s Tax Committee reported.
The visit was organised at the initiative of Uzbekistan’s Ministry of Economy and Finance. The delegation included representatives of ministries and government agencies who are in the UK on a working visit.
On the second day of the programme, participants examined mechanisms for issuing student loans, recording debt obligations, collecting payments and recovering outstanding debts. They also discussed the role of tax authorities in these processes and information exchange between government agencies.
Turabek Turaev, a department director at the Tax Committee, took part in discussions on the practical application of tax administration in the repayment of student loans. In particular, the participants considered mechanisms for cooperation between tax authorities, employers and authorised government organisations.
Particular attention was paid to using tax administration tools to collect student loan repayments, record outstanding debts and recover arrears.
Following their examination of the British experience, the participants proposed measures to improve transparency in Uzbekistan’s student loan system, strengthen financial discipline and enhance management.
The study of international experience is continuing as part of the working visit.
