World Bank Portfolio
Number of active projects
The World Bank has launched a Systematic Country Diagnostic for Uzbekistan to inform the preparation of a new Country Partnership Framework (CPF) for FY22–26.
The Bank’s country program under the ongoing CPF for FY16–21 was adjusted through a Performance and Learning Review conducted in FY18. It is being implemented to support the Government’s reform agenda in the following priority areas:
i) a sustainable transformation to a market economy
ii) reform of state institutions and citizen engagement
ii) investments in human capital, focusing on the development of the health and education sectors
The World Bank Group’s financial and technical assistance and analytical support have grown substantially since 2017, bolstering the Government’s efforts to implement a comprehensive program of reforms for Uzbekistan’s transition to a market economy.
As of April 1, 2020, the World Bank portfolio in Uzbekistan consisted of 22 projects, with net commitments totaling $4.14 billion. They include loans from the International Bank for Reconstruction and Development (IBRD) for $1.93 billion and International Development Assistance (IDA) credits for $2.21 billion.
These efforts support the Government in implementing economic and institutional reforms that will help to modernize the agriculture, health, education, water supply and sanitation, energy, transport, and social protection sectors, as well as promote urban and rural development.
The World Bank’s country program in Uzbekistan is the second largest in the Europe and Central Asia region, following Turkey.
The Bank’s project portfolio in Uzbekistan is supplemented by a comprehensive program of technical assistance delivered jointly with the International Finance Corporation (IFC). The current program includes core diagnostics work, such as the Systematic Country Diagnostic and the Public Expenditure Review, and also inputs to sector strategies for agriculture, transport, energy, and water supply and sanitation.
The Bank’s current Advisory Services and Analytics outline the tasks required to support reforms in the aviation sector, tax policy and administration, the banking sector, trade facilitation, poverty and vulnerability mapping, and citizen engagement in Uzbekistan.
Responding to the global COVID-19 outbreak, and at the request of the Government, the World Bank, in close coordination with other development partners, is preparing a series of emergency response operations to help Uzbekistan cope with the immediate health, economic, and social implications of the pandemic.
As of April 1, 2020, IFC was managing a $53 million investment portfolio in Uzbekistan. It provides advisory services designed to assist the country in privatizing state-owned banks, transforming the cotton sector, developing and diversifying the financial market, and piloting public-private partnership transactions in the energy and health sectors.