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EBRD Invests Over €5 Bn in Uzbekistan’s Economy

Private sector receives the largest share of funding
Shavkat Mirziyoyev and Odile Renaud-Basso. Photo: Press service of the president of Uzbekistan

The European Bank for Reconstruction and Development (EBRD) has invested over €5 bn in Uzbekistan’s economy. President Shavkat Mirziyoyev discussed the figure during his meeting with EBRD President Odile Renaud-Basso.

The bank has primarily directed its investments towards Uzbekistan’s private sector. During the meeting, both sides highlighted the role of EBRD experts in supporting banking sector reforms and business development.

Plans are in place to expand cooperation in supporting small and medium-sized enterprises (SMEs), as well as female and youth entrepreneurship.

Key priorities include the green economy, decarbonisation, digitalisation, artificial intelligence, mortgage market development, and transport connectivity.