The Ishonch Fund was established in 2022 following a restitution agreement between Switzerland and Uzbekistan on returning illegally acquired assets for the benefit of the Uzbek people. The Fund supports transparent and effective restitution through programs that advance Uzbekistan’s national reforms and the Sustainable Development Goals (SDGs).

While guided by UN principles and values, the Fund also follows key principles of the Global Forum on Asset Recovery (GFAR): transparency, accountability, participation, and public benefit. We apply international best practices to ensure restitution is principled, practical, timely, and fair.

USD 313 million has been committed to the Fund. It currently has invested USD 87 million in a portfolio of programmes designed to improving access to and the quality of health and education services for the people of Uzbekistan.