News

World Bank continues its support to civil aviation sector reform in Uzbekistan

The Government of Uzbekistan and the World Bank have signed an advisory services agreement for modernizing the country’s civil aviation sector.

Uzbekistan enters the next phase of market reforms with renewed support from the World Bank

World Bank Vice President for Europe and Central Asia Cyril Muller welcomed the Government of Uzbekistan’s progress in transforming the economy and pledged the institution’s continued support for further reforms.

EBRD sets new investment record in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) achieved a new record in Uzbekistan in 2019 with an annual investment of $576 million (€517 million) through 13 private and public sector projects.

ADB President visits Uzbekistan to strengthen partnership

Asian Development Bank (ADB) President Takehiko Nakao met with the President of Uzbekistan Shavkat Mirziyoyev and both agreed to further strengthen the almost 25-year partnership between ADB and Uzbekistan.

EBRD opens second office in Uzbekistan

The EBRD is expanding its regional presence in Central Asia’s most populated region by opening an office in Andijan, one of the largest municipalities in east Uzbekistan.

Doing Business 2020: Reforms propel Uzbekistan to place among world’s Top 20 business climate improvers

Uzbekistan undertook four key business climate reforms in the past year and earned a spot among the world’s top twenty most improved economies for ease of doing business, according to the World Bank Group’s Doing Business 2020 study.

ADB supports Uzbekistan in harnessing indigenous hydropower resources

The Asian Development Bank (ADB) has approved a $60 million loan to construct hydropower plants capable of adding 25 megawatts capacity, which will help the Government of Uzbekistan achieve its goal of diversifying the country’s energy mix through greater use of clean energy sources and lowering carbon emissions.

ADB vice-president reaffirms commitment to Uzbekistan’s development

Asian Development Bank (ADB) Vice-President Diwakar Gupta reiterated ADB’s support for the government’s development and reform agenda during his 2-day visit to Uzbekistan.

EBRD offers new financing opportunities for Uzbekistan exporters and importers

The EBRD is providing a boost to domestic importers and exporters in Uzbekistan by opening a limit of up to $20 million under the EBRD’s Trade Facilitation Programme (TFP) to Asaka bank.

World Bank welcomes Uzbekistan’s continued reform commitment, increases support

World Bank Vice President for Europe and Central Asia, Cyril Muller, commended the Government of Uzbekistan for accelerating social and economic reforms to improve people’s living standards.