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IMF keeps forecast on economic growth of Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) --
International Monetary Fund (IMF) kept its forecast on the growth of economy of Uzbekistan at the level of 6% in 2017, the April report “World Economic Outlook” of the IMF said.
According to the estimates of the IMF specialists, the growth of the gross domestic product (GDP) of Uzbekistan will make up 6% in 2018.
The IMF report said that the economy of Uzbekistan grew by 7.8% in 2016.
Inflation rate in Uzbekistan made up 8% in 2016, the report said. IMF forecasted that inflation will make up 8.6% in 2017 (October report – 9.8%) and 8.8% in 2018.
Current account balance made up 1.4% to GDP of Uzbekistan in 2016 (October report – 0.1%). The figure will make up 2.1% to GDP (October report – 0.2%) in 2017 and 1.6% to GDP in 2018.
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