Rustam Azimov noted that currently the ADB and World Bank are completing development and approval of new cooperation strategies with Uzbekistan for 2016-2020 with total cost of US$12 billion. Earlier UzDaily reported that the World Bank plans to allocate about US$4 billion in 2016-2020 under the new cooperation strategy with Uzbekistan.
Vice Premier said that the portfolio of joint projects of Uzbekistan with the ADB and World Bank is growing sustainably. Currently, the portfolio of the projects of the ADB in Uzbekistan makes up US$13 billion and the World Bank – US$6 billion.
The financial institutes finance projects in the sphere of privatization, development of financial markets, modernization of agriculture, power, infrastructure, healthcare and education.