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Sustaining Market Reforms in Uzbekistan Development Policy Operation

Abstract*

The Development Policy Loan (DPL) supports the ambitious reform program of the Government of Uzbekistan (GoU) to successfully transition to a competitive and more inclusive market-oriented economy. Reforms supported are organized under two pillars necessary to this transition: (i) increasing the role of markets and the private sector in the economy; and (ii) enhancing social inclusion. The proposed operation is a stand-alone development policy loan...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Sustain Uzbekistan's economic reforms and transition to a market economy by (i) increasing the role of markets and the private sector in the economy; and (ii) enhancing social inclusion.

Key Details

Project Details

  • P168280

  • Closed

  • Vinayakraj Nagaraj , Bakhrom Ziyaev

  • Republic of Uzbekistan

  • Uzbekistan

  • February 13, 2019

  • (as of board presentation)

    June 14, 2019

  • July 19, 2019

  • US$ 0.00 million

  • Ministry of Finance of the Republic of Uzbekistan

  • Europe and Central Asia

  • 2019

  • US$ 500.00 million

  • N/A

  • February 26, 2024

  • December 31, 2020

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 500.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 1, 2020 IBRD-91020 Loan Disb 500,000.00
Dec 15, 2020 IBRD-91020 Int Charges 394,403.75
Dec 15, 2020 IBRD-91020 Int Charges 1,331,833.40
Nov 15, 2020 IBRD-89720 Int Charges 5,060,000.00
May 15, 2021 IBRD-89720 Int Charges 3,896,527.80
Jun 15, 2024 IBRD-91020 Int Charges 39,766.72
May 15, 2024 IBRD-89720 Int Charges 17,895,322.00
Jun 15, 2021 IBRD-91020 Int Charges 1,162,777.80
Jun 15, 2024 IBRD-91020 Int Charges 6,805,622.00
Jun 14, 2019 IBRD-89720 Loan Commitment 500,000,000.00
Apr 30, 2020 IBRD-91020 Loan Commitment 200,000,000.00
Dec 15, 2022 IBRD-91020 Int Charges 3,913,126.00
May 15, 2023 IBRD-89720 Int Charges 16,038,611.00
Jun 15, 2023 IBRD-91020 Int Charges 5,632,920.00
Jun 15, 2023 IBRD-91020 Int Charges 255,882.45
Dec 15, 2023 IBRD-91020 Int Charges 106,360.19
Dec 15, 2023 IBRD-91020 Int Charges 6,429,446.00
Nov 15, 2023 IBRD-89720 Int Charges 16,994,444.00
Jun 15, 2022 IBRD-91020 Int Charges 1,243,666.60
May 15, 2022 IBRD-89720 Int Charges 3,846,250.00
Nov 15, 2021 IBRD-89720 Int Charges 3,807,777.80
Dec 15, 2021 IBRD-91020 Int Charges 1,098,000.00
Nov 15, 2022 IBRD-89720 Int Charges 8,331,111.00
Dec 9, 2019 IBRD-89720 Loan Disb 498,750,016.00
Nov 15, 2019 IBRD-89720 Int Charges 201,549.66
Nov 15, 2019 IBRD-89720 Int Charges 14,503.14
Jul 19, 2019 IBRD-89720 Loan Disb 1,250,000.00
Jul 19, 2019 IBRD-89720 Fee Charges 1,250,000.00
May 15, 2020 IBRD-89720 Int Charges 81,986.30
May 15, 2020 IBRD-89720 Int Charges 7,068,794.50
May 4, 2020 IBRD-91020 Loan Disb 199,500,000.00
May 1, 2020 IBRD-91020 Fee Charges 500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-12-2023
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-18-2023PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualityModestN/a
M&e QualityN/a

Results Framework

No data available.