Uzbekistan forecasts 8.3% GDP growth in 2010

Industrial output of Uzbekistan is expected at the level of 8.3% and agriculture output at the level of 5%. The capital investments will increase by 5% in 2010. The inflation is expected at 6-8%.

According to government’s forecast, industrial output will grow by 9.3% and agriculture production will rise by 5% in 2009. The capital investment will increase by 18%. Uzbekistan expects the inflation is 6-8%.

As earlier reported, EBRD and IMF forecasted that Uzbekistan’s economy will grow by 7% in 2009 and 2010.