The Central Bank and EBRD discussed business support and banking sector reforms.

The parties discussed a wide range of issues, including:

- Support for small and medium enterprises: special attention was given to expanding access to financial resources for all categories of entrepreneurs, including family farms, women, and youth.

- Transformation of the banking system: measures to enhance the effectiveness of corporate governance in commercial banks and the implementation of a risk-oriented management approach were discussed.

- Privatization of state-owned commercial banks: the parties reviewed the progress of privatization processes and the next steps for reforming state banks.

- Reduction of the shadow economy: the Central Bank and EBRD emphasized the importance of joint efforts from all stakeholders to combat the shadow economy.

EBRD presented information on measures to accelerate the transformation of state-owned banks. The meeting reaffirmed the commitment of both parties to further collaboration aimed at developing the financial sector of Uzbekistan, enhancing its resilience, and improving access to financial services for the population and businesses.