A meeting was held at the Central Bank of the Republic of Uzbekistan with representatives of the World Bank and the International Finance Corporation to discuss priority areas of cooperation under the FINGROW Program. During the meeting, the parties discussed the development of payment systems, support for financing small and medium-sized enterprises, as well as the expansion of analytical and institutional cooperation.
The parties emphasized the importance of continuing cooperation on improving digital payment infrastructure, increasing the share of cashless payments, and introducing modern payment solutions. In the area of SME financing, the meeting addressed the development of partial credit guarantee and portfolio guarantee mechanisms, the use of digital tools in lending processes, and the improvement of risk assessment systems.
The meeting also covered opportunities for cooperation in knowledge exchange between regulators and work with analytical materials. In this regard, the parties proposed studying international experience, exchanging research and analytical materials, supporting evidence-based approaches, and organizing separate expert discussions on key areas in the future.
Following the meeting, the parties agreed to further develop cooperation under the FINGROW Program and to proceed with the next stages of implementation of the identified priority initiatives.
