The Banking and Financial Academy has established a close partnership with the Institute of Economic Policy Studies under the Ministry of Finance of Japan. Together, they conduct various activities related to studying grant projects and innovative experiments.
To elevate practical cooperation to a new level, the leadership of the Banking and Financial Academy recently met with a delegation led by the Executive Vice President of the Institute of Economic Policy Studies. Discussions revolved around the current state and future prospects of their mutual collaboration.
One significant initiative, the joint traditional summer school "Central Asia and the Caucasus," enabled around 250 Uzbek specialists in banking and finance to acquire new knowledge and gain cutting-edge experience in Japan through a full grant from the Japanese government. The Japanese side announced an increase in the quota to 10 spots in this grant project, considering the potential of the Banking and Financial Academy's attendees.
During the meeting, plans were discussed regarding pressing issues such as making scientifically grounded proposals to the government, enhancing the education system, and expanding the library resources through elevating research collaboration to a new level.
Practical visits included meetings between the Ministry of Economy and Finance of Uzbekistan, JSC "Uznaсbank," the Banking and Financial Academy, and the Institute of Economic Policy Studies under the Ministry of Finance of Japan.
As part of the practical implementation of the agreements reached, a joint seminar was organized involving the Ministry of Economy and Finance of Uzbekistan, the Banking and Financial Academy, and the Institute of Economic Policy Studies. The seminar featured a presentation by the Director of the Payment and Settlement Systems Department of the Bank of Japan on the approach to digital currencies and financial technologies.
Additionally, economists and experts discussed topics such as "Strategy for Dealing with High State Debt and Double Deficit" and "Post-Pandemic Socio-Economic Development Strategy."
