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Economy
02/02/2009
Share of small businesses in Uzbek GDP reaches 48.2%
Share of small businesses in Uzbek GDP reaches 48.2%
Tashkent, Uzbekistan (UzDaily.com) --
The share of small businesses in gross domestic product (GDP) of Uzbekistan comprised 48.2% in 2008.
As earlier reported, the GDP of Uzbekistan rose by 9% year-on-year in 2008.
The Central Bank of Uzbekistan said the commercial banks allocated 1.25 trillion soums of credits to small businesses in 2008 or up 68.2% year-on-year.
The bank said that about 72.7% of employed in Uzbekistan work in small businesses, including 19.7% to small and micro firms.
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