The President of Uzbekistan noted with satisfaction the results of a full-scale partnership with the World Bank

On April 10, the President of the Republic of Uzbekistan Shavkat Mirziyoyev received a delegation of the World Bank Group led by Managing Director for Operations Anna Bjerde, the press service of the head of our state reports.

The issues of further development of full-scale strategic cooperation between Uzbekistan and the World Bank were discussed, primarily in matters of support by this global financial institution for the ongoing economic reform strategy in our country.

At the beginning of the meeting, Anna Bjerde conveyed sincere greetings and best wishes to the head of our state from World Bank President Ajay Banga.

The highest level of productive partnership achieved in recent years was noted with deep satisfaction.

Currently, Uzbekistan is one of the largest partners of the bank – the project portfolio exceeds 12 billion dollars. The World Bank provides financial, advisory and technical support for the implementation of reforms aimed at ensuring sustainable development of priority sectors of the economy and the social sector.

With the assistance of the bank, a new procedure was adopted to improve the mechanism, accelerate the preparation and improve the quality of projects with the participation of international financial institutions.

The following areas have been identified as priorities for further practical partnership: combating poverty, primarily through creating jobs for women and youth, including in the tourism industry, supporting the private sector and public-private partnership development programs, and transforming and privatizing state-owned enterprises.

Particular attention is paid to joint plans in the areas of decarbonization, urbanization and infrastructure modernization, increasing energy efficiency, improving the investment climate, and assisting in the country’s accession to the WTO.

An exchange of views on promoting major regional projects also took place.