Accelerating Uzbekistan's Transition Development Policy Operation

closed

The development objectives of the Accelerating Uzbekistan’s Transition Development Policy Operation in Uzbekistan support a faster and more equitable economic transition through: (i) stronger market institutions and better management of state-owned enterprises; (ii) improved fiscal transparency and accountability; and (iii) increased economic and social inclusion, especially of women and persons with disabilities. Under the first pillar, the operation supports measures to liberalize wheat markets and strengthen the corporate governance of state-owned enterprises. Under the second pillar, the operation supports measures to fully consolidate all public sector spending into the budget and establish new public debt legislation that would allow for more transparent and systematic debt management. Under the third pillar, the operation supports measures to align social assistance spending with improved poverty measures, overhaul and modernize Soviet-era labor market regulations, and improve equal opportunities and protections for the disabled.