Uzbekistan is planning to attract US$693 million funds of the Asian Development Bank (ADB) for realization of priority projects within three years.
Asian Development Bank (ADB) President Haruhiko Kuroda on Tuesday praised Uzbekistan for its strong support for regional cooperation, saying that improved trade and transport links will help Central Asia reap the benefits of its strategic location.
IFC, a member of the World Bank Group, is helping create a legal framework for sharing credit information in the Kyrgyz Republic to enable the credit bureau to operate more efficiently and increase access to finance for small businesses and individual consumers.
Asian Development Bank (ADB) President Haruhiko Kuroda will travel to Uzbekistan on 15 February as part of final preparations for ADB’s upcoming Annual Meeting in Tashkent.
The Government of Spain is providing an additional US$5 million each to the Asian Development Bank (ADB)-administered Water Financing Partnership Facility (WFPF) and Clean Energy Financing Partnership Facility (CEFPF).
The World Bank and the Government of Uzbekistan signed a US$65.54 million IDA credit to the Fergana Valley Water Resource Management Phase-I Project on 9 February. The Project will improve agricultural production in areas affected by water-logging, and reduce damage to housing and infrastructure from rising ground water levels and salinity.
Alokabank open joint stock commercial bank increased its charter capital by 2.4 times to 34 billion soums.
The Central Bank of Uzbekistan kept its refinancing rate at 14% APR, the press service of the regulator said on 10 February.