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Uzbekistan

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Uzbekistan and ADB
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Contact Information
Uzbekistan Resident Mission
1, Khodjaeva Street.
Tashkent 700027
Republic of Uzbekistan

Tel: + 998 71 140 1920/21/22/23/24/25
Fax: + 998 71 140 1976
Emailadburm@adb.org

Office Hours: 8:30 AM -5:30 PM, Monday-Friday

Uzbekistan
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Asian Development Outlook 2009

Unemployment and Inflation to Hinder Efforts to Stimulate Demands

A favorable export environment and prudent fiscal and monetary policies have driven strong economic performance in the last few years. But in the second half of 2008, the economy started slowing as international commodity prices retreated. Although the global financial crisis has hardly touched the domestic financial sector directly, the economic downturn has slowed exports, remittances, and investment. Rising unemployment and inflation will hinder government efforts to stimulate demand, and successful implementation of anticrisis policies will require acceleration of structural reforms.

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Uzbekistan and ADB
Uzbekistan has received $1.1 billion in 26 loans and $35.5 million in technical assistance since joining the ADB in 1995. It is the 15th largest shareholder among ADB's regional members and the 14th largest borrower.

Learn more about ADB's partnership with Uzbekistan [ PDF ]

Read the Country Strategy and Program 2006-2010.

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