World Bank Document

Development Agenda 

ii. 

A primary development challenge, given the rapidly increasing labor force, is the creation 

of new productive and sustainable jobs, requiring accelerated transition toward a private sector-

driven, market-based economy. Uzbekistan’s public sector will not be able to create the large number 

of jobs required to meet the needs of a labor force that is expected to continue growing until 2040. Private 

sector development and investment are thus essential, as are measures to address four other challenges: 

improving market incentives; using natural resources, especially energy and water, more efficiently and 

sustainably; investing further in the human and physical assets required to sustain robust income growth 

in the future; and improve data availability and quality. 

 

iii. 

The Uzbekistan Systemic Country Diagnostic (SCD) identified ten priority areas that 

would need to be addressed to eliminate poverty, boost shared prosperity, and enable Uzbekistan