Uzbekistan’s GDP to reach US$479 billion by 2035

Tashkent, Uzbekistan (UzDaily.com) -- The gross domestic product of Uzbekistan will reach US$ 479 billion by 2035. This was noted in the draft Strategy for Development of the Republic of Uzbekistan until 2035.

The draft Development Strategy of the Republic of Uzbekistan until 2035 was developed by the international non-governmental non-profit organization “Buyuk Kelajak” together with the auditing and consulting company KPMG.

The development strategy of Uzbekistan until 2035 is aimed at ensuring the country’s entry into the number of 50 economically developed countries of the world.

The concept includes such basic directions as reforming of public administration, development of economy and social sphere, support of innovations and technologies.

The draft strategy defines tasks for improving the legislative base, reforming the judicial system, increasing the political culture of the population, effectively implementing reforms and improving the institutions of public administration in order to ensure the growth of Uzbekistan’s positions in international indices.

The strategy of economic development provides for the development of industry, services and agriculture, strengthening the initiative of entrepreneurs, providing financial resources.

Uzbekistan plans to increase the share of tourism in the country’s GDP from 1.4% to 28% by 2035. It is also envisaged to bring the number of cars produced to 300 thousand per year. It is expected that the share of cars with electric motors will increase to 30%

In the social sphere, Uzbekistan plans to develop human capital at the expense of the education system and the labor market, coverage of all segments of the population with quality medical services, improvement of health indicators through the development of science and innovation, environmental protection, etc.

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