India, Dec. 13 -- WASHINGTON -The World Bank's Board of Executive Directors approved a $250 million loan for Uzbekistan to support a program aimed at expanding equitable access to student financing in higher education and in technical and vocational education and training (TVET) (the EduImkon Program). Over the next three years, this program will help strengthen the student financing support system and expand access to tuition loans for an estimated 600,000 young people across the country. Around 80% of program funds will be directed toward providing loans for low-income students and women.

Considering Uzbekistan's relatively large number of people aged 14-30, estimated at around 10 million, the government has prioritized expanding access ...