NEWS
11 September 2024
World Bank Vice President for Europe and Central Asia Cyril Muller reaffirmed the World Bank Group’s strong commitment to supporting Uzbekistan’s economic and social transformation, urging the Government to maintain the impressive pace and scope of reforms.
Muller’s visit to Uzbekistan on July 12-13, 2018, followed a meeting between President of Uzbekistan Shavkat Mirziyoyev and World Bank Group President Jim Yong Kim at the World Bank’s Washington, D.C., headquarters in May. Muller’s visit to Uzbekistan provided an opportunity to discuss the country’s economic and social transformation and reaffirm the World Bank Group’s strong commitment to supporting reforms to boost economic growth and improve the well-being of Uzbeks, including through the implementation of World Bank-supported projects in the 2019 fiscal year in rural development, social protection, urban infrastructure, early childhood education, institutional development financing, and policy reforms.
In Tashkent, Muller held a productive meeting with President Mirziyoyev. The parties discussed further steps to deepen economic and social reforms in Uzbekistan and the role that the World Bank can play in this process. Talks were also held with high-ranking representatives of the Oliy Majlis and the Government of Uzbekistan to discuss further ways to develop a market economy and modernize agriculture in the country. Among them were First Deputy Chairman of the Senate Sodyk Safoyev, Deputy Prime Minister and Minister of Finance Jamshid Kuchkarov, Deputy Prime Minister and Chairman of the State Investment Committee Sukhrob Kholmuradov, Minister of Foreign Trade Jamshid Khodjaev, Minister of Employment and Labor Relations Sherzod Kudbiev.
“The World Bank welcomes Uzbekistan’s commitment to implementing difficult but important reforms for the country. We will continue to support the Government in its efforts to build a brighter future for all citizens of Uzbekistan,” Muller said.
The World Bank Vice President also had the opportunity to openly discuss with representatives of local civil society and the private sector the political and economic transformations in Uzbekistan, the progress achieved in protecting labor rights, citizen participation in decision-making, and the growing role of civil society in the life of the country.
Over the past year, the Government of Uzbekistan has taken significant steps to reform the national economy by liberalizing the foreign exchange market, removing barriers to trade and investment, creating favorable conditions for doing business, and opening markets to attract investment and stimulate imports and exports. The Government also pays special attention to citizen participation in decision-making to involve them in the implementation of reforms.
Currently, the World Bank's investment portfolio in Uzbekistan consists of 18 projects totaling more than $3.3 billion. They contribute to the implementation of significant economic reforms, the development of agriculture and irrigation, energy, transport, health, education, urban infrastructure, water supply and sanitation services, contributing to the country's economic growth and improving the living standards of the population.
UzDaily.uz
Muller’s visit to Uzbekistan on July 12-13, 2018, followed a meeting between President of Uzbekistan Shavkat Mirziyoyev and World Bank Group President Jim Yong Kim at the World Bank’s Washington, D.C., headquarters in May. Muller’s visit to Uzbekistan provided an opportunity to discuss the country’s economic and social transformation and reaffirm the World Bank Group’s strong commitment to supporting reforms to boost economic growth and improve the well-being of Uzbeks, including through the implementation of World Bank-supported projects in the 2019 fiscal year in rural development, social protection, urban infrastructure, early childhood education, institutional development financing, and policy reforms.
In Tashkent, Muller held a productive meeting with President Mirziyoyev. The parties discussed further steps to deepen economic and social reforms in Uzbekistan and the role that the World Bank can play in this process. Talks were also held with high-ranking representatives of the Oliy Majlis and the Government of Uzbekistan to discuss further ways to develop a market economy and modernize agriculture in the country. Among them were First Deputy Chairman of the Senate Sodyk Safoyev, Deputy Prime Minister and Minister of Finance Jamshid Kuchkarov, Deputy Prime Minister and Chairman of the State Investment Committee Sukhrob Kholmuradov, Minister of Foreign Trade Jamshid Khodjaev, Minister of Employment and Labor Relations Sherzod Kudbiev.
“The World Bank welcomes Uzbekistan’s commitment to implementing difficult but important reforms for the country. We will continue to support the Government in its efforts to build a brighter future for all citizens of Uzbekistan,” Muller said.
The World Bank Vice President also had the opportunity to openly discuss with representatives of local civil society and the private sector the political and economic transformations in Uzbekistan, the progress achieved in protecting labor rights, citizen participation in decision-making, and the growing role of civil society in the life of the country.
Over the past year, the Government of Uzbekistan has taken significant steps to reform the national economy by liberalizing the foreign exchange market, removing barriers to trade and investment, creating favorable conditions for doing business, and opening markets to attract investment and stimulate imports and exports. The Government also pays special attention to citizen participation in decision-making to involve them in the implementation of reforms.
Currently, the World Bank's investment portfolio in Uzbekistan consists of 18 projects totaling more than $3.3 billion. They contribute to the implementation of significant economic reforms, the development of agriculture and irrigation, energy, transport, health, education, urban infrastructure, water supply and sanitation services, contributing to the country's economic growth and improving the living standards of the population.
UzDaily.uz