In the WBG’s Worldwide Governance Indicators 2015, Uzbekistan scores in the
bottom 2.5 percent of countries on voice and accountability, the bottom 27 percent on
government effectiveness, and the bottom 11 percent on control of corruption.
12
However,
since only the country’s planning and budgeting functions are currently used for WBG-financed
projects, its financial management system does not impact implementation. If the government
makes progress in economic governance, including PFM reforms, the country’s financial
management risk will be re-visited and other elements of the country system could be used.
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