ADB Supports Uzbekistan's Economic Transformation and Global Trade Integration
Uzbekistan, Oct. 14 -- The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the Government of Uzbekistan in strengthening public sector efficiency, advancing economic governance, and accelerating the country's integration into the global economy.The Economic Management Improvement Program (Phase 2) builds on earlier reform efforts and supports a new generation of institutional measures to improve fiscal transparency; modernize the governance of state-owned enterprises (SOEs); and foster a more competitive, inclusive, and resilient economic environment. The program is aligned with international standards and reflects Uzbekistan's commitment to deepening its market-based transformation. The program introdu...
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