THE IMPACT OF INTERNATIONAL FINANCIAL ORGANIZATIONS ON UZBEKISTAN’S INVESTMENT POLICY
Article Sidebar
Main Article Content
Abstract
This article examines the role of international financial organizations (IFOs) such as the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), and the International Monetary Fund (IMF) in shaping Uzbekistan’s investment policy. The study analyzes key initiatives including legislative reform, the development of green financing, infrastructure projects, modernization of the banking sector, and improvement of the investment climate. It demonstrates how IFOs contribute to modernizing the management of state-owned enterprises, attracting foreign direct investment, and fostering sustainable economic growth in the context of global and regional challenges.
Downloads
Article Details
Section
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain the copyright of their manuscripts, and all Open Access articles are disseminated under the terms of the Creative Commons Attribution License 4.0 (CC-BY), which licenses unrestricted use, distribution, and reproduction in any medium, provided that the original work is appropriately cited. The use of general descriptive names, trade names, trademarks, and so forth in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.
How to Cite
References
1.Asian Infrastructure Investment Bank (2022). Uzbekistan: Advancing Uzbekistan Economic and Social Transformation Development Policy Operation. -https://www.aiib.org/en/projects/details/2022/approved/Uzbekistan-Advancing-Uzbekistan-Economic-and-Social-Transformation-Development-Policy-Operation.html
2.Asian Infrastructure Investment Bank (2023). Uzbekistan: First Inclusive and Resilient Market Economy Development Policy Operation. - https://www.aiib.org/en/projects/details/2023/approved/Uzbekistan-First-Inclusive-and-Resilient-Market-Economy-Development-Policy-Operation.html
3.World Bank (2025). Uzbekistan Country Overview. -https://www.worldbank.org/en/country/uzbekistan/overview
4.World Bank (2023). Electricity Sector Transformation and Resilient Transmission Project. - https://projects.worldbank.org/en/projects-operations/project-detail/P171683
5.International Finance Corporation (2022). IFC Supports Uzbekistan’s Energy Transition with Landmark Power Projects. - https://pressroom.ifc.org/all/pages/PressDetail.aspx?ID=27264
6.European Bank for Reconstruction and Development (2022). Tashkent District Heating Rehabilitation. - https://www.ebrd.com/work-with-us/projects/psd/tashkent-district-heating-rehabilitation.html
7.International Monetary Fund (2025). Uzbekistan: 2025 Article IV Consultation – Press Release; Staff Report; and Statement by the Executive Director for Uzbekistan. - https://www.imf.org/en/Publications/CR/Issues/2025/06/18/Uzbekistan-2025-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-Executive-Director-590219
8.Organisation for Economic Co-operation and Development (2023). Financing Uzbekistan’s Green Transition. Retrieved from https://www.oecd.org/publications/financing-uzbekistan-s-green-transition-6ebf6b94-en.htm
9.Macrotrends (2024). Uzbekistan Foreign Direct Investment 2000–2024. -https://www.macrotrends.net/countries/UZB/uzbekistan/foreign-direct-investment
10.Han-Sol Lee, Sergey U. Chernikov, Szabolcs Nagy (2022). Motivations and Locational Factors of FDI in CIS Countries: Empirical Evidence from South Korean FDI in Kazakhstan, Russia, and Uzbekistan. -https://arxiv.org/abs/2212.13841