TASHKENT, Uzbekistan, April 18. Uzbekistan and
the European Bank for Reconstruction and Development (EBRD)
discussed expanding cooperation in public-private partnership (PPP)
mechanisms and broadening engagement across key economic sectors,
Trend reports via the
Ministry of Economy and Finance of Uzbekistan.
The discussions took place during a meeting between Minister of
Economy and Finance Jamshid Kuchkarov and EBRD President Odile
Renaud-Basso on the sidelines of the 2026 Spring Meetings of the
International Monetary Fund and the World Bank Group.
Both sides focused on deepening cooperation in social
infrastructure and communal services, as well as improving project
preparation standards and introducing financing models aligned with
international best practices.
The agenda also included reforms in the financial sector, such
as enhancing corporate governance in the banking system,
accelerating privatization processes, and strengthening
institutional capacity.
At the conclusion of the meeting, the parties reaffirmed their
readiness to continue existing cooperation and further expand it
into new areas.
Meanwhile, in 2025, about 85% of EBRD funds in Uzbekistan were
directed to the private sector, while the bank’s total annual
operations in the country exceeded $1 billion. Overall, the EBRD
has invested nearly $7 billion in more than 200 projects across
Uzbekistan.
