TASHKENT, Uzbekistan, July 25. Deputy Minister
of Economy and Finance of Uzbekistan, Ilkhomjon Umrzakov, held a
meeting with a delegation led by Ali Khan Muhammad, Regional
Director of the Islamic Development Bank (IsDB), and discussed the
current state and prospects of mutually beneficial cooperation,
Trend reports.
The meeting was also attended by Alibek Kazangapov, Project
Management Specialist at the IsDB Regional Center in Almaty, Husan
Hasanov, IsDB Representative in Uzbekistan, along with other senior
officials from both sides.
Particular attention was given to enhancing the effectiveness of
joint projects and expanding their scope. Discussions focused on
support for initiatives in transport and road infrastructure
development, comprehensive and sustainable rural development, and
the implementation of socially significant and economically
impactful programs.
Special emphasis was placed on the progress of major joint
initiatives, including the Sustainable Rural Development Project,
Integrated Rural Development Program, and the SERVE project –
Strengthening the Economic Resilience of Small and Medium
Enterprises.
Following the meeting, the parties reaffirmed their commitment
to strengthening cooperation, improving coordination mechanisms,
and enhancing the exchange of ideas to ensure the successful
implementation of shared objectives.
The Islamic Development Bank is a multilateral development
finance institution comprising 57 member countries across four
continents. Headquartered in Jeddah, Saudi Arabia, the bank
maintains regional hubs in Morocco, Malaysia, Kazakhstan, and
Senegal, along with operational offices in Egypt, Türkiye,
Indonesia, Bangladesh, and Nigeria, to effectively manage and
implement development programs.
