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Annual Report 2003 :
Moving the Poverty Reduction Agenda Forward: Priorities and Outcomes :
East and Central Asia
Uzbekistan
Strategy and Policy Dialogue.
Based on the country operational strategy prepared in 2000 and updated
annually through the CSPU, ADB’s operations focused on managing
the transition from a centrally planned system to a market-based
economy. Dialogue with the Government centered on improving living
standards, on regional cooperation and trade, on agriculture sector
reforms, on water resource management, on woman and child health,
and on the environment for foreign direct investment. The primary
objective of projects approved in 2003 was unlocking the potential
for future growth and improving living standards. Support was provided
for the Government’s formulation of a comprehensive medium-term
strategy for poverty reduction and for private sector development,
particularly developing capital markets and improving the policy
environment for foreign direct investment. The resident mission
played a prominent role in portfolio management and in facilitating
coordination with development partners, particularly in the areas
of living standards, regional cooperation, health, and the establishment
and monitoring of MDG indicators.

Loans and Technical Assistance.
Two loans amounting to $99.2 million were approved to improve grain
productivity and to rehabilitate the Amu Zang irrigation system.
Nine technical assistance projects totaling about $3.2 million were
also approved.