The will to reform and socio-economic challenges
Since the end of 2016, President Shavkat Mirziyoyev has been charting a path of reform. The exchange rate policy was eased, initial steps were taken to restructure the government and measures were taken to improve cooperation with neighbouring countries. The economy is still dominated by state-owned enterprises, which will be transformed into more efficient economic entities as part of the adopted reforms. The Uzbek government also aims to provide modern healthcare that meets international standards. The same is true for setting up and expanding small and medium-sized enterprises in the private sector, which is an important prerequisite for further development in Central Asia’s most populous country.
KfW Development Bank is providing support to Uzbekistan for reforms in healthcare and sustainable economic development (financial sector). To promote the further social and economic development of Uzbekistan, KfW will focus in future on projects in vocational training and the digitalisation of the healthcare sector.
KfW Office Tashkent
Director KfW Office: Dr. Andreas Schneider
7 A., Chimkentskaya Str.
Phone: +99 871 280 6759
Fax: +99 871 280 6760