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Thursday, 13 November 2003
ASIAN DEVELOPMENT BANK TO LOAN UZBEKISTAN UP TO $150 MILLION ANNUALLY
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)