30 May 2024

Work on attracting additional resource sources for the Company is progressing rapidly

Work on attracting additional resource sources for the Company is progressing rapidly.

Work on attracting additional resource sources for the Company is progressing rapidly.

A delegation from the World Bank's Treasury Group (https://www.vsemirnyjbank.org/ru/country/uzbekistan), consisting of Miguel Navarro-Martin (https://treasury.worldbank.org/en/about/unit/treasury/contact), Ghislain Yanou (https://www.worldbank.org/en/about/people/g/ghislain-yanou), Andrea Dore, Kanat Kaiyrberli, and Valeria Goffe, visited the Company within the framework of a meeting organized by the government of Uzbekistan.

The meeting focused on the issue of attracting funding from international financial institutions, with discussions around the opportunities provided by the World Bank. The World Bank presented its proposals to the Company. At the end of the meeting, the next steps were outlined.

It is worth noting that attracting additional resources for the Company will, in turn, serve to ensure long-term liquidity for commercial banks and meet the growing housing needs of the population."