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Uzbekistan secures 380 mln USD World Bank concessional loan for electricity sector - World News
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World Bank approves $60 million loan for tax administration reform project in Uzbekistan
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Uzbekistan, World Bank to develop Country Partnership Framework for 2022-2026 BUSINESS 16:03 / 29.01.2021 1042
The parties considered the implementation of ongoing WB projects in Uzbekistan aimed, inter alia, at eradicating poverty, supporting youth and women’s entrepreneurship, improving rural infrastructure and mitigating the effects of the pandemic.
The sides exchanged views on priority areas for the implementation of social and economic reforms in Uzbekistan, the measures being taken to expand the scope and quality of education, the strengthening of human resources capacity, the upgrading of the skills of specialists and other issues.
Marco Mantovanelli also expressed his readiness to support the successful implementation of the State Program Year of Support for Youth and Public Health Promotion.
World Bank approves $500 million to support reforms in Uzbekistan BUSINESS 12:31 / 18.12.2020 741
The World Bank’s support under this Development Policy Operation has helped the Government of Uzbekistan mitigate the negative economic and social impacts of the COVID-19 crisis while also supporting the continued implementation of Uzbekistan’s 2017-2021 Development Strategy. In addition to launching a large anti-crisis program, the Government has also enacted several important reforms over the last year to accelerate Uzbekistan’s transition to an open, competitive, and more inclusive market economy.
Several major reforms implemented by the Government under this Development Policy Operation include: (i) the transformation of the previously restrictive propiska (local residence permit) system into an efficient electronic residency registration process; (ii) the cancellation of state production targets and man