Ministry of Economy and Finance of the Republic of Uzbekistan

The meeting was attended by Lisa Kestner, IFC Division Director for Kazakhstan, Türkiye, and Uzbekistan; Nodirbek Ochilov, Deputy Chairman of the Central Bank of the Republic of Uzbekistan; Jasur Karshibayev, Adviser to the Minister of Economy and Finance; and other relevant officials.

The discussions focused on the reforms being implemented in Uzbekistan and their results, as well as prospects for expanding mutually beneficial cooperation.

In particular, the parties emphasized infrastructure development, private sector support, and the effective use of public-private partnership (PPP) mechanisms.

The meeting also included an exchange of views on prospective projects in transport, energy, water management, and social infrastructure. These included the Tashkent–Andijan toll road project, improvements to the electricity distribution system, modernization of irrigation pumping stations, opportunities for public-private partnerships in the water sector, and the construction of public schools in the regions.

Furthermore, the development of the private sector and the creation of a favorable business environment featured prominently in the discussions. The parties exchanged views on prospects for leveraging IFC’s expertise and technical capabilities to develop the mortgage market, privatize state-owned enterprises, and improve the effectiveness of government support for entrepreneurs.

At the conclusion of the meeting, the parties agreed to strengthen cooperation on the issues discussed and expand the exchange of views.

PR and Communications Department
Ministry of Economy and Finance