After seven years of piloting various elements of fiscal reforms, the government of Uzbekistan adopted a strategic approach to advancing the reform process.
In 2009, Uzbekistan’s government launched the Rural Housing Scheme (RHS) to jumpstart the development of the rural housing finance market. The RHS channeled rural savings into housing investments and utilized local contractors and construction materials to generate jobs and stimulate the construction industry.
In 2009, the government of Uzbekistan launched the flagship Rural Housing Scheme that channeled rural savings into housing investments and utilized local contractors and construction materials to generate jobs and stimulate the construction industry. Under the scheme, 847 houses were built in 2009 and 6,800 houses in 2010.
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