Second Inclusive and Resilient Market Economy Development Policy Operation

The development objective of the Second Inclusive and Resilient Market Economy Development Policy Operation for Uzbekistan is to support Uzbekistan’s transition to an inclusive and resilient market economy through: (i) creating markets, (ii) improving fiscal risk management and public procurement, and (iii) supporting social inclusion and climate change action. The operation supports key government priorities. The first program development objective (PDO) pillar supports measures to improve the business and investment environment, and to enhance efficiency and reduce state dominance in the key sectors of agriculture, rail, and energy. The second pillar supports measures to improve fiscal risk management, especially relating to public-private partnership (PPPs) and public procurement. The third pillar supports measures to expand in-work social protection, further measures to protect victims of domestic violence, and measures to strengthen environmental sustainability and climate change action.