Meeting with representatives of the International Finance Corporation

UZBEKISTAN, March 23 – On March 24 this year, the Ministry of Economic Development and Poverty Reduction organized a meeting of Deputy Prime Minister – Minister of Economic Development and Poverty Reduction Jamshid Kuchkarov with representatives of the International Finance Corporation headed by the Senior Vice President of the IFC. Stephanie von Friedeburg.

The meeting was attended by First Deputy Minister of Economic Development and Poverty Reduction Ilkhom Norkulov, Deputy Minister of Economic Development and Poverty Reduction Bobur Abdinazarov, Deputy Minister of Finance Odilbek Isakov and Deputy -Chairman of the Central Bank Behzod Khamraev.

The guest list included World Bank Regional Director for Central Asia Tatiana Proskuryakova, World Bank Country Director for Uzbekistan Marco Mantovanelli, IFC Director for Europe and Central Asia Wiebke Schloemer, IFC Regional Director Cassandra Colbert and others.

At the start of the meeting, the parties exchanged views on the current geopolitical situation and its impact on the economy of Uzbekistan, as well as on the progress of economic reforms.

During the meeting, the operational aspects of cooperation with the IFC were discussed in detail, such as health, education, transformation of the chemical sector, privatization of public enterprises and banks, as well as projects prospective to support women’s entrepreneurship.

IFC has expressed its willingness to be a strategic partner, as well as to provide stand-by expert assistance in implementing priority socio-economic reforms.

As a result of the meeting, the parties agreed to expand mutually beneficial ties and develop cooperation.

Source: Ministry of Economic Development and Poverty Reduction of the Republic of Uzbekistan

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