Uzbekistan expects at least 8% GDP growth in 2012-2015

Speaking at the Uzbekistan-US Business Forum, Minister of Economy of Uzbekistan Galina Saidova underlined that it is expected that Uzbekistan’s economy will grow by 8.2% in 2012.

She said that the country expects that the GDP will grow by 8.1% in 2013, 8.2% in 2014 and 8.2% in 2015.

Uzbek economy minister stated that the inflation rate is expected at 7-9% in 2012 and 2013. The inflation level is expected at 6-8% in 2014 and 6-5% in 2015.

Galina Saidova stated that industrial output is expected at the level of 8.6% in 2012. The figure should make up 8.4% in 2013, 9.1% in 2014 and 9.3% in 2015.

Uzbekistan expects that agriculture output of the country will grow by 6.9% this year, 5.9% in 2013, 5.2% in 2014 and 5.1% in 2015.

The growth of capital investments in Uzbekistan makes up 9.3% in 2012, 9.1% in 2013, 9.4% in 2014 and 9.7% in 2015.