IMF: Economy of Uzbekistan to grow by 7% in 2014

In October 2013, the IMF experts forecasted that the economy of Uzbekistan will grow by 6.5% in 2014. The IMF said that Uzbekistan’s economy rose by 8% in 2013.

According to the IMF forecast, the growth of economy of Uzbekistan will make up 6.5% in 2015.

The IMF’s new report said that the inflation level will decrease from 11.2% in 2013 to 11% in 2014. Specialists of IMF forecasted that the inflation level will make up 11% in 2015.

Current account balance surplus will make up 2.2% to GDP of Uzbekistan in 2014 against 1.7% in 2013, the report said. The figure will reach 1.9% in 2015.