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Uzbek central bank raises forecast of economic growth
Uzbek central bank raises forecast of economic growth
The Central Bank of Uzbekistan (CB) has revised its forecast for economic growth in 2021 from 4.5%-5.5% to 5.8%-6.8%.
It made the move amid an increase in consumption and a recovery in household incomes.
The figure on export growth excluding gold has grown significantly, from 8%-10% at the beginning of the year to 20-25% now.
Import growth was revised from 6-8% to 12-15%.
The forecast for inflation remained unchanged at the level of 9%-10%. At the end of June, this indicator was 10.9%.
Economic growth in 2Q in annual terms amounted to 6.2%.
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