BAKU, Azerbaijan, June 20. Uzbekistan’s
Ministry of Economy and Finance and representatives of the European
Bank for Reconstruction and Development (EBRD) held talks to
discuss reforms aimed at improving the country’s public transport
system and metro tariff policy.
This was reflected in the statement by the Ministry of Economy
and Finance of Uzbekistan, following the meeting held on June
19.
The meeting brought together staff from the ministry’s
Department of Financial Regulation and Pricing Policy in the
Housing and Communal Services, Transport and Communications Sectors
and EBRD representatives to review the development of a gross
contract system for public transport and the application of
international best practices in metro fare regulation.
Participants exchanged views on the experience of developed
countries in implementing gross contract models, approaches to
improving metro tariff policies, and factors that contribute to
greater efficiency in public transportation. The discussions also
focused on how such practices could be adapted to Uzbekistan’s
transport sector.
"Ian Jennings shared his recommendations on international
experience and practical approaches in this area." the ministry
said.
Ian Jennings, an urban transport specialist at the EBRD, shared
his recommendations on public transport management and fare-setting
mechanisms.
The meeting concluded with an agreement to continue close
cooperation on aligning Uzbekistan’s public transport system with
international standards, further refining tariff policies, and
expanding collaboration in the sector.
