The World Bank
Agriculture Modernization Project (P158372)
Page 66 of 70
These private solutions will have sufficient scale and sustainability to make a lasting impact, and they will also benefit
from IFC’s engagement in reforming the national standards and quality enhancement system, and advisory services to
local companies to create joint-ventures with leaders in horticulture exports.
Table A4.1: MFD phased engagement for Uzbekistan’s horticulture sector development
Constraints
Phase 1
Phase2
Phase 3
Policy support
Implementation support
Inclusive value chain
support for export
orientation
Policy hindering
investments and
export at scale
Exchange rate liberalization,
removal
of export revenue
surrender requirement
(DPO1)
Removal of minimum export
prices,
export prepayment
requirements, and
Uzagroexport monopoly
(DPO2)
Enabling environment for
crop receipts, a financing
instrument for secure
finance (IFC)
Poor value chain
organization
CPSD
Improved
access to finance
(HDP)
Agri-finance program with
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