The World Bank has given Uzbekistan a soft loan of $50 million to grow its digital economy.
The loan will help employ about 9,000 young people — including 4,500 women and 360 persons with disabilities — in IT-related services. The funds will also be used to create 11 IT service centers, and train 6,200 people in digital skills, communication and foreign languages. The program, which will run until 2029, foresees the creation of a legislative framework in the IT sphere.
The IT sector’s contribution to Uzbekistan’s GDP remains insignificant — it was just 1.9% in 2022.
