Thursday, 13 November 2003

ASIAN DEVELOPMENT BANK TO LOAN UZBEKISTAN UP TO $150 MILLION ANNUALLY

Published in News Digest

By empty (11/13/2003 issue of the CACI Analyst)

The Tashkent representative of the Asian Development Bank (ABD) told RIA-Novosti on 13 November that under the bank\'s revised program for Uzbekistan for 2004 to 2006, the country will receive loans of $100 million to $150 million annually for the next three years. The loans are intended to stimulate economic growth and the development of human resources, focusing particularly on maternal and child health, publication of textbooks, entrepreneurship, agricultural development, and modernizing energy-delivery systems. The ADB loaned Uzbekistan $695.
The Tashkent representative of the Asian Development Bank (ABD) told RIA-Novosti on 13 November that under the bank\'s revised program for Uzbekistan for 2004 to 2006, the country will receive loans of $100 million to $150 million annually for the next three years. The loans are intended to stimulate economic growth and the development of human resources, focusing particularly on maternal and child health, publication of textbooks, entrepreneurship, agricultural development, and modernizing energy-delivery systems. The ADB loaned Uzbekistan $695.5 million from 1996 to 2002. (RIA-Novosti)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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