On July 27, the Ministry of Finance signed a $300 million loan agreement within the framework of Economic management improvement program implementation.
On behalf of the Asian Development Bank, the Agreement was signed by Cindy Malvicini, Deputy Country Director/OIC of ADB Resident Mission in Uzbekistan.
As reported by the Information Service of the Ministry of Finance, at the meeting with Deputy Prime Minister and Minister of Finance Jamshid Kuchkarov, Cindy Malvicini expressed her respect to the Government of Uzbekistan on behalf of ADB leadership and members, as well as noted that the country’s desire aimed at improving the economic management, creating stable investment climate and increasing private sector participation in the economy will become one of the main directions of further mutually beneficial cooperation between the Republic of Uzbekistan and the Asian Development Bank.
Source: UzA