Tashkent, Uzbekistan (UzDaily.com) — A meeting was held at the Agency for Strategic Reforms with representatives of the Asian Development Bank (ADB) mission to discuss the development of a new policy-based lending program aimed at supporting financial sector reforms.

The meeting was attended by First Deputy Director of the Agency for Strategic Reforms Abdulla Abduqadirov, ADB’s Principal Financial Sector Specialist Benita Ainabe, Principal Private Sector Development Specialist Adham Kuchkarov, Senior Financial Sector Specialist Malik A. Nadim, and other agency representatives.

The main purpose of the mission's visit was to conduct a preliminary assessment of priority and planned reforms, identify key barriers and stakeholder needs, review current legal and regulatory frameworks, and outline areas for technical assistance to be included in the new program.

The discussions focused on reforms in the bond market, privatization, public-private partnerships, and the implementation of the national development strategy “Uzbekistan – 2030.” Special attention was given to monitoring and oversight mechanisms for reform implementation.

ADB representatives expressed readiness to provide financial support for banking sector and capital market reforms under the new program, which will open additional opportunities for institutional transformation and investment attraction.

Abduqadirov emphasized the importance of a comprehensive and systemic approach to reforms and proposed organizing a dedicated working meeting with ADB’s technical mission team in Uzbekistan. He also initiated the exchange of analytical materials and the launch of joint research projects.

Both sides reaffirmed their commitment to maintaining constructive dialogue and working together to ensure the sustainable development of the financial sector based on openness, transparency, and strategic consistency.