TRANS Asian Journal of Marketing & Management Research (TAJMMR)
  • Year: 2020
  • Volume: 9
  • Issue: 12

Cooperation of uzbekistan with the Islamic development bank: Current state and prospects

Professor, Doctor of Economics, Department of Islamic Economics and Finance, Pilgrimage Tourism, International Islamic Academy, Uzbekistan, Email id: ravshan.v.abdullaev@gmail.com

Online published on 12 February, 2021.

Abstract

The article examines the aactivities of the Islamic Development Bank in the Republic of Uzbekistan from 1991 to the present day, as well as cooperation aimed at the near future. Provides statistical data on completed and existing projects in such areas as health care, energy, agriculture, construction and equipment of secondary schools and vocational colleges, construction and repair of highways, support for small and private businesses, assistance in public finance management reform, etc. By its nature and scale, all activities of the IDB in Uzbekistan are divided into three stages: "passive, moderate and active phases" of cooperation.

Keywords

Islamic Development Bank (IDB), Organization Of The Islamic Conference (OIC), Islamic Corporation For The Development Of The Private Sector (ICDC), International Islamic Corporation For Trade Finance (IICFT), Tranche Of Loan Funds, Stages Of Cooperation, "Passive Phase", "Moderate Phase" And "Active Phase "