Asian Development Bank Member Fact Sheet: Uzbekistan April 2021 ; ADB Fact Sheets

In: http://hdl.handle.net/11540/13570

Abstract

Uzbekistan joined the Asian Development Bank (ADB) in 1995. Today, emboldened by a new development strategy and a comprehensive reform agenda, the country is striving for a vibrant economy led by the private sector. In 2019, ADB approved a new country partnership strategy for Uzbekistan covering 2019–2023. This partnership strategy is aligned with the country's national development strategy and supports the Government of Uzbekistan's ongoing reforms to transition toward a more inclusive and market-driven economy. The government's objectives can only be achieved by developing a robust private sector and reducing the state's pervasive footprint. ADB will assist this transition by providing policy advice, investments, and capacity-building projects that support private sector development, reduce economic and social disparities, and promote regional cooperation and integration.