[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111893-en":3,"doc-seo-111893-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},111893,13056703019662,"Evangeline","https://ap-avatar.wpscdn.com/avatar/be000253a8e92610077?_k=1778726343310543188",8,"Research & Report","Uzbekistan and Türkiye - Access to Finance for Jobs and Growth (FINGROW) Program using the Multiphase Programmatic Approach (MPA) - Chair Summary","Chair Summary dated December 15, 2025 presents executive directors’ approval of an overall financing envelope for the Access to Finance for Jobs and Growth (FINGROW) program under the Multiphase Programmatic Approach (MPA) Phase 1. The package includes a US$100 million loan to Uzbekistan with US$50 million from the Global Solutions Accelerator Platform, a US$5 million grant from the IBRD Surplus-Funded Livable Planet Fund, and a guarantee to Türkiye Vakiflar Bankasi T.A.O. totaling US$867.8 million equivalent. Directors emphasize closing regional finance gaps, expanding jobs—especially for women and youth—coordinating IBRD, IFC, and MIGA financing, and using impact measurement to support the learning agenda.","Public Disclosure Authorized Public Disclosure Authorized  \nUzbekistan and Türkiye  \nAccess to Finance for Jobs and Growth (FINGROW) Program using the Multiphase Programmatic Approach (MPA) Phase 1  \nChair Summary*  \nDecember 15, 2025  \nExecutive Directors approved the proposed overall financing envelope in the amount of US$2.1 billion equivalent for the Access to Finance for Jobs and Growth (FINGROW) Program using the Multiphase Programmatic Approach (MPA) including Phase 1: (i) a loan to the Republic of Uzbekistan in the amount of US$100 million, of which US$50 million from the Global Solutions Accelerator Platform,(ii) a grant of US$5 million to the Republic of Uzbekistan from the IBRD Surplus-Funded Livable Planet Fund, under the Framework for Financial Incentives, and (iii) a guarantee to Türkiye Vakiflar Bankasi T.A.O. (Vakifbank) in the amount of US$867.8 million equivalent.  \nMs. Rechico and Mr. Maluck wished to be recorded as abstaining.  \nDirectors noted that it would be critical to narrow access to finance gaps for businesses and people in the region as a key pathway to boosting productivity, growth, and creation of more and betterpaid jobs. They welcomed the ambition of the MPA, with its strong contribution to new and better jobs, particularly for women and the youth. Directors expressed their strong support for the One World Bank Group approach, and for deploying coordinated financing across IBRD, IFC, and MIGA to mobilize private capital at scale. Directors emphasized the importance of the program’s regional, sequenced approach, designed to address persistent market gaps, foster regional solutions and advance its learning agenda. They welcomed the focus on impact measurement to inform the program’s learning agenda. Directors noted the innovative and scalable nature of the Phase 1 engagements in Uzbekistan and Türkiye, anchored on innovative approaches and private capital mobilization.  \nDirectors appreciated Management’s proposal to provide an informal briefing on the planned Georgia project in phase 2 before it is approved (assuming it meets the MPA Policy for delegated authority approval) .  \n*This Summary is not an approved record.","cbCaimmaKhEOZDII","https://ap.wps.com/l/cbCaimmaKhEOZDII","pdf",95365,1,"English","en",105,"# Executive Directors’ Financing Approval\n# Phase 1 Components and Amounts\n# Director Discussion and Program Rationale\n# Regional Sequencing and Impact Measurement","[{\"question\":\"What financing was approved for FINGROW MPA Phase 1?\",\"answer\":\"Executive Directors approved an overall financing envelope of US$2.1 billion equivalent for FINGROW under the MPA Phase 1, including Uzbekistan loan and grant components and a Türkiye bank guarantee.\"},{\"question\":\"How 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