Economy

Uzbekistan’s GDP to grow by 5% in 2021 - draft budget

Uzbekistan’s GDP to grow by 5% in 2021 - draft budget
Uzbekistan’s GDP to grow by 5% in 2021 - draft budget

Tashkent, Uzbekistan (UzDaily.uz) -- The Uzbek government expects the country’s economy to grow by 5% in 2021 compared to 2020. This was stated in the commentary of the Ministry of Finance to the draft law "On the state budget of the Republic of Uzbekistan for 2021".

The commentary notes that industrial production growth in 2021 is expected at 5.8%, agriculture - 2.7% and services rendered - 6.4%.

The document emphasizes that inflation in the country will decline and will be at the level of 10% in 2021.

 

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.