The Uzbekistan Ministry of Finance has issued a release regarding its transition to International Financial Reporting Standards (IFRS). The release follows the Ministry's participation in an online IFRS Global Conference held 24 to 26 June 2020, which included the topic of the introduction of IFRS in Uzbekistan. In this regard, the release notes the following:
- The government is implementing a course to accelerate integration into the global economy. This goal can be achieved by creating a…