TASHKENT, Uzbekistan, February 11. Uzbekistan
and the World Bank discussed further expanding cooperation to
support the development of small and medium-sized enterprises
(SMEs) in the country, Trend reports via the Ministry of Economy and Finance
of Uzbekistan.
The issue was reviewed during a meeting between a World Bank
delegation and First Deputy Minister of Economy and Finance Ilkhom
Norkulov.
During the talks, the sides explored prospects for implementing
joint initiatives and projects aimed at strengthening the SME
sector. Particular attention was paid to providing systematic
support to businesses, ensuring broader access to financial
resources, and promoting financial inclusion.
The discussions also focused on helping SMEs foster innovation,
expand quality and formal employment, and enhance the overall
capacity of entrepreneurial entities across the country.
At the conclusion of the meeting, the parties agreed to further
advance bilateral cooperation and maintain dialogue on the
identified priority areas.
Meanwhile, Uzbekistan’s portfolio of joint projects with the
World Bank currently exceeds $14 billion, reflecting the scale of
their ongoing partnership.
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