INTERNATIONAL FINANCIAL INSTITUTIONS AND THEIR STRATEGIC ROLE IN THE ECONOMIC DEVELOPMENT OF UZBEKISTAN

Abstract

This article analyzes the strategic role and significance of international financial institutions in the economic development of the Republic of Uzbekistan. In particular, it highlights the main areas of cooperation between Uzbekistan and leading international financial organizations such as the World Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Islamic Development Bank, and the International Monetary Fund. The article examines projects financed by these institutions in priority sectors of the national economy, including transport and energy infrastructure, agriculture, water management, education, healthcare, digital technologies, and social development. It also studies the volume of financial resources attracted to Uzbekistan by international financial institutions and foreign financial organizations during 2022–2024, their distribution across sectors of the economy, and the economic efficiency of the investment projects being implemented. The findings demonstrate that cooperation with international financial institutions is an important factor in modernizing the national economy, developing infrastructure, ensuring social stability, and enhancing the competitiveness of the national economy. At the same time, special attention is given to перспективive areas of projects implemented with the participation of international financial institutions, including the development of a green economy, expansion of digital transformation, ensuring environmental sustainability, and deepening economic integration.