While good progress was made on the infrastructure elements of the program, the
Strategic Theme 2 Enhance Competitiveness of the Economy is rated Moderately
Unsatisfactory. Of the two main outcomes under this strategic theme, both were partially
achieved. The CPS program has been able to contribute to a certain extent to the increase of the
competitiveness of the Uzbek economy, as measured through Doing Business indicators. The
WBG has also well exceeded its target of providing access to finance to MSMEs. However, the
lack of publicly available data, the prevalent governance issues, and delays in introducing
important reforms (e.g., financial infrastructure) have hindered the opportunities for the WBG to
advance further the CPS competitiveness agenda.
8.
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