This validation report covers Asian Development Bank (ADB) support for Uzbekistan during 2019–2023. The validation assessed approved, closed, and ongoing ADB operations during the country partnership strategy (CPS) period to inform ADB’s future country program.
The validation assesses the ADB program successful on the borderline. It was relevant, effective, likely sustainable with satisfactory development impacts, but less than efficient.
The validation has three recommendations to help develop the next CPS, 2024–2028.
1. Strengthen policy coherence for a successful market transition by providing adequate technical advice and innovative financing modalities.
2. Maintain a combined and reinforcing upstream and downstream presence for key sectors promoting the country’s market transition.
3. Deliver regional integration solutions that go beyond the infrastructure sectors.