World Bank Document

Coordination with development partners was continuous and effective. Uzbekistan has 

a considerable number of active development partners, ranging from European Union, USAID and 

UN, to bilateral and multilateral donors from Asia, such as Switzerland, Korea, Japan and the 

Asian Development Bank. The World Bank team actively participated in coordination of 

development assistance and dialogue, especially in the area of water/energy management and 

agriculture reforms. 

 

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Uzbekistan had fully utilized IDA-16 resources and front-loaded its FY15 allocation 

from IDA-17. The delivery of IDA-financed projects was prioritized in the early years of the CPS. 

During FY12–14, five IDA-financed projects worth US$557.5 million were delivered, out of the 

total IDA-16 allocation of some US$555 million. Uzbekistan’s IDA-17 allocation for FY15 stands 

at SDR 161.0 million was spent with 30% front-loading with the delivery of two large IDA 

operations in Q4-FY15. Since its per capita gross national income exceeded the IDA operational 

cutoff for the first time only in 2011, Uzbekistan retained its access to IDA resources for FY12–

15 CPS period, with a timetable for graduation to be set in future IDA discussions. IBRD allocation 

was under-utilized with US$542.5 million worth operations being delivered in FY12-15, out of 

US$710 million IBRD resources planned for this CPS. Actual lending programs are presented in 

the Annex 2. Total commitments by the end of CPS period amount to US$1,971.49 million 

(US$1,257 million/IDA, US$653.3 million/IBRD, US$49.9 million/GPE, US$12.7 million/GEF). 

The portfolio is relatively young, with half of the projects being less than three years old. Most of 

the active projects are on track to achieve their development objectives. The Trust Fund portfolio 

expanded from US$1million/year to around US$63 million committed during the CPS period. IFC 

has committed investments of about US$32 million (including trade finance), mostly in the 

financial sector and agribusiness. 

 

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