The Central Bank of the Republic of Uzbekistan, in cooperation with the World Bank, organized a conference focused on public policy measures and strategies for mobilizing private capital to expand the use of digital payments among the population and improve access to capital for small and medium-sized enterprises in Central Asian countries.

It was emphasized that the expansion of digital payment services in the region will serve as a significant driver for job creation in new sectors of the economy, including freelancing and e-commerce. This will offer opportunities for youth, women, and rural populations, enhance employment prospects, and increase overall economic activity.

Representatives of the World Bank presented the Financial Inclusion for Growth, Returns, and Opportunities for Work Program for the Europe and Central Asia region (ECA FIN-GROW).

This program, scheduled for launch in 2026, aims to expand access to capital and digital payments for individuals and small and medium-sized enterprises in participating countries. It will enhance access to credit resources and ultimately create new, sustainable jobs.

Shakhnoza Mamaturopova, UzA