In a meeting update, the Uzbekistan Ministry of Finance said it held talks with representatives of the World Bank, International Monetary Fund, Asian Development Bank and Asian Infrastructure Investment Bank, attended by Deputy Prime Minister and Minister of Economy and Finance Jamshid Kuchkarov, on macroeconomic trends, drivers of economic growth and future policy priorities. The discussions focused on measures to sustain growth and preserve macroeconomic balance, and ended with agreement to deepen cooperation, expand exchanges and pursue large joint projects. The ministry said particular attention was given to cooperation in industry, infrastructure, agriculture, small and medium-sized business, and transport and logistics. Other themes included use of the demographic dividend, human capital development, information technology, artificial intelligence, innovation, regional development, water resource management, climate adaptation and sustainable infrastructure. Representatives of the international financial institutions also welcomed Uzbekistan’s economic and institutional reforms and measures to improve the business environment, and indicated readiness to continue and broaden cooperation.

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