IsDB’s $1.2 billion funding will support operations and projects in healthcare, water and sanitation, agriculture, transport, energy, food security, Islamic finance sectors in 10 member countries, including Uzbekistan, which will receive $330 million.

The EBRD funding will be co-financed by a joint contribution from Kyiv municipality and Kyivteploenergo of at least 26 million euros to finance the district heating network replacement.

The country's first socially transformative investment fund will be created with an initial endowment of $100 million with a further increase to $500 million.

According to S&P analysts, the key factors supporting Kazakhstan's rating are robust fiscal and external reserves.

The ADB officials, who visited the country, praised the current reforms and said that Uzbekistan had ample opportunities to expand the presence of the private sector in various industries.