date:Mar 26, 2020
The World Bank has approved a $500m financing package to support the agriculture modernisation project in Uzbekistan.
The funds will be used to upgrade agricultural research and development capabilities.
World Bank Uzbekistan country manager Hideki Mori said: Agriculture generates more than 30% of GDP, employs 27% of the countrys labour force, or around 3.6 million workers, and earns 25% of all export revenues.
Modernisation of the agriculture sector will lead to many better-paid jobs in rur