Uzbekistan became a member of IFC in 1993. Since 1996, IFC invested $94 million to support 27 private sector projects in the financial, agribusiness and food sector. As of June 30 2013, IFC’s portfolio in Uzbekistan stood at $9.4 million with investments in the financial and general manufacturing sectors.
IFC Strategy in Uzbekistan
IFC strategy in Uzbekistan is in line with the World Bank Group Country Promotion Strategy and is mainly focused on the financial sector and agribusiness. Through a combination of investment and advisory services, IFC works to improve the business environment, promote public-private partnerships, improve tax administration, and develop credit information infrastructure.