WB's Portfolio In Uzbekistan Exceeds Over $11Bln - Official
Date
6/10/2023 12:11:37 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 10. Uzbekistan is one of
the largest beneficiaries of the World bank with the project
portfolio tripling and currently exceeding $11 billion, Antonella
Bassani, WB Vice President for Europe and Central Asia, said,
trend reports.
She made the remark at the meeting with President of the
Republic of Uzbekistan Shavkat Mirziyoyev.
During the meeting, they discussed further deepening the
comprehensive strategic cooperation between Uzbekistan and the
World Bank Group in effectively advancing the program of
socio-economic reforms in Uzbekistan.
Bassani also noted that Preparation of the Country Climate
Change and Development Report is nearing completion. With the
Bank's participation, the "Country Platform" has been launched as
an effective mechanism to coordinate practical interaction with
development institutions.
The VP highly appreciated the modern level of fruitful
cooperation and confirmed the World Bank's commitment to consistent
and comprehensive support for the program of irreversible reforms
in our country.
Projects focusing on poverty reduction, modernization of rural
infrastructure and mid-sized cities, promoting women and youth
employment, healthcare and education reforms in line with the
targets for the period up to 2030 are in the spotlight. Special
attention is given to the implementation of "green" energy, land
reform, comprehensive regional development programs, and
privatization of state enterprises.
The current WB Partnership Program 2026 includes priority
projects worth $4 billion. The WB provides support in implementing
reforms in the fields of healthcare, education, agriculture,
banking sector, energy, transportation, digitalization, and other
areas.
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