WB improves forecast for economic growth in Uzbekistan

Askar Yakubov · 23:03, 06.06.2023 · Updated 15:21 · 711 views

WB improves forecast for economic growth in Uzbekistan / Photo: World Bank..

Tashkent, Uzbekistan (UzDaily.uz) -- The World Bank (WB) has improved its forecast for the growth of the economy of Uzbekistan in 2023 and 2024.

According to the latest edition of the World Bank’s Global Economic Prospects report, Uzbekistan’s GDP will grow by 5.1% in 2023. Earlier, the bank predicted that the growth of the economy of Uzbekistan in 2023 would be 4.9%.

WB experts also improved the forecast for Uzbekistan’s GDP growth in 2024. The growth of the economy of Uzbekistan in 2024 is expected at the level of 5.4%.

According to the bank’s forecasts, the economy of Uzbekistan will grow by 5.8% in 2025.

Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.