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News and analytical articles about Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.

The Asian Development Bank today approved a $100 million policy-based loan to help Uzbekistan undertake reforms to improve the enabling environment for small and medium-sized enterprises in the country.

ADB announces $93mn loan to help boost employment in Uzbekistan “This project will play a significant role in helping to boost employment in Uzbekistan, particularly for young people, and will help students and job seekers pick up the relevant skills they need to thrive in the job market of the 21st century.” said ADB Senior Social Sector Specialist Xin Long.ADB | Tashkent | Updated: 15-12-2020 18:54 IST | Created: 15-12-2020 18:54 IST Representative Image. Image Credit: Twitter(@deptoflabour) The Asian Development Bank (ADB) today announced that it has approved a $93 million loan to h...

ADB approves $93 million loan to boost skills development and inclusive growth in Uzbekistan AKIPRESS.COM - The Asian Development Bank (ADB) announced that it has approved a $93 million loan to help enhance competitiveness in Uzbekistan and boost inclusive growth by improving market-relevant skills development for young people and unemployed job seekers. "Uzbekistan has significant potential to drive economic growth and create jobs but a lack of skills has been a critical constraint for private sector growth and economic diversification," said ADB Senior Social Sector Specialist Xin Long. "Th...