Visiting Uzbekistan, World Bank Vice President Reaffirms Support for Ongoing Reforms to Achieve Development Goals

TASHKENT, October 2, 2021 – Anna Bjerde, Planet Bank Vice President for Europe and Central Asia, visited Uzbekistan on September 29-30, in which she satisfied with President Shavkat Mirziyoyev and senior authorities and parliamentary officers. Ms. Bjerde also attended the Initial Uzbekistan Financial Discussion board and a assembly of the not too long ago released Uzbekistan Country Platform.

In Tashkent, Ms. Bjerde attended the Uzbekistan Financial Forum that brought together local and worldwide participants. Along with other gurus, Ms. Bjerde reviewed the progress Uzbekistan has accomplished in reworking its overall economy considering the fact that 2017 and discussed further measures the Government could take to make certain the good results of the changeover toward an inclusive and sustainable market place economic climate.   

 “The Planet Lender welcomes Uzbekistan’s designs to halve poverty by 2026 and attain the standing of an higher-middle-money country by 2030. The following technology of reforms will help achieve these goals if they concentration on accelerating personal sector development to develop new and much better work opportunities. Similarly critical is transforming the position of the Condition from the key producer of items and solutions into a facilitator of competitors and growth of private corporations and corporations,” said Ms. Bjerde. “The Authorities will also require to devote far more in individuals by way of improving wellness, schooling and social safety providers, as perfectly as in increased environmental sustainability. We stand ready to support these reforms through the Environment Bank’s new country partnership program for Uzbekistan, which defines precedence spots for our support over the up coming five years”

Throughout her visit Ms. Bjerde had productive talks with President Shavkat Mirziyoyev, Chairperson of the Senate of Oliy Majlis (Parliament) Tanzila Narbaeva, Deputy Prime Minister and Minister of Financial Enhancement and Poverty Reduction Jamshid Kuchkarov, Deputy Primary Minister and Minister of Investments and Foreign Trade Sardor Umurzakov, Minister of Finance Timur Ishmetov. Ms. Bjerde also fulfilled with Chairman of the Central Bank Mamarizo Nurmuratov.

Discussions with national companions centered on the Government’s endeavours to realize inclusive growth to lessen poverty, unemployment and gender inequality enhance access to health, schooling and social protection products and services create a conducive atmosphere for business and expenditure reform general public institutions, point out-owned enterprises and financial institutions, and agriculture digitize public services introduce water and electricity-conserving systems and incentives and promote sustainable and inexperienced expansion.

All through her keep in Tashkent, Ms. Bjerde also attended a conference of the Uzbekistan State Platform, a forum that coordinates activities of global advancement partners assisting the Governing administration in implementing reforms in several sectors. The scope and mandates of the freshly designed Strategic Advancement Agency and the Company for International Cooperation and Progress were also presented and mentioned.

The Globe Bank supports Uzbekistan by specialized guidance and the funding of 26 tasks totaling all over $4.8 billion. These projects provide assist in critical places this kind of as macroeconomic reforms, agriculture, health and fitness, education, drinking water provide and sanitation, electricity, transportation, social security, urban and rural enhancement, and mitigation of overall health, economic and social effects of the COVID-19 pandemic.