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ADB updates on current sovereign portfolio in Uzbekistan

Uzbekistan Materials 31 January 2024 07:55 (UTC +04:00)
ADB updates on current sovereign portfolio in Uzbekistan
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, January 31. Asian Development Bank's (ADB) current sovereign portfolio in Uzbekistan amounted to $5.06 billion as of January 2024, Trend reports.

The bank’s current sovereign portfolio includes 32 loans, 1 grant, and 1 sovereign guarantee.

According to the bank's data, ADB has committed 240 public sector loans, grants, and technical assistance to Uzbekistan worth $11.5 billion to date.

Moreover, cumulative loan disbursements to Uzbekistan reach $7.69 billion, which were financed by regular and concessional ordinary capital resources, and other special funds.

Earlier, ADB has approved a $240 million loan to Uzbekistan for the reconstruction of 700 kilometers of rural roads.

As per data by ADB, the new investment project is aimed to make the rural road infrastructure safer and more resilient to climate change, as well as improve transport links and promote rural development.

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