Economy of Uzbekistan - Wikipedia
WebUzbekistan's banks have demonstrated reasonably stable performance in a largely state-dominated local economy. Sector stability is currently supported by rapid economic growth, low exposure to external financial markets and the strong external and fiscal position of the sovereign.
Uzbekistan Overview: Development news, research, data | World Bank
WebIn 2023, Uzbekistan's economy grew by 6%, fueled by investment, private consumption, and exports. Inflation reached a seven-year low. In December 2023, consumer prices dropped to 8.8%, compared to 12.3% in 2022.
Uzbekistan’s Transition to Market Economy to Accelerate by …
WebDec 8, 2023 · World Bank approved a Development Policy Operation (DPO) to financially support the government of Uzbekistan in implementing a new generation of economic, social, and climate reforms.
Uzbekistan Economy, Politics and GDP Growth Summary - The …
WebEconomy. Risk. In brief. Uzbekistan is an authoritarian regime and a rapidly developing lower-middle-income country. Shavkat Mirziyoyev, the president, will continue to foster closer ties with neighbouring countries and attract …
Uzbekistan - Agriculture, Industry, Trade | Britannica
WebEconomy of Uzbekistan. Uzbekistan is among the world’s leading cotton producers. It is known for its orchards and vineyards and is also important for raising Karakul sheep and silkworms. Uzbekistan’s mineral and oil and gas reserves are substantial. The country produces and exports a large volume of natural gas.
WebWhile the pandemic hit Uzbekistan’s economy especially hard in the first half of 2020 and inflicted considerable hardship, the recession was moderated by strong and timely containment and support measures.
Uzbekistan - The Observatory of Economic Complexity
WebIn 2022, Uzbekistan exported a total of $16.9B, making it the number 83 exporter in the world. During the last five reported years the exports of Uzbekistan have changed by $5.92B from $11B in 2017 to $16.9B in 2022.
Uzbekistan: Toward a New, More Open Economy - World Bank …
WebAug 22, 2019 · Uzbekistan is implementing ambitious market-oriented economic reforms. Starting in September 2017, the government unified the exchange rate, liberalized the foreign exchange market, initiated price and trade liberalization and, since January 2019, has made significant cuts to tax rates for both firms and individuals.
Republic of Uzbekistan and the IMF
WebCountry News. How More Effective Monetary Policy Can Tame Inflation in the Caucasus and Central Asia. Addressing persistent inflation also requires tackling structural factors that are making monetary policy less effective. Read the Article. Blogs about Uzbekistan. All videos about Uzbekistan. All news about Uzbekistan. At a Glance.
WebHighlights. Uzbekistan’s economy is recovering rapidly. Real gross domestic product (GDP) increased by 6.9 per cent year-on-year in the first three-quarters of 2021, driven by services, manufacturing and mining.
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