Meanwhile, the Asian Development Bank (ADB) said in September, that the economy of Uzbekistan will increase by 8% in 2009. EBRD forecasted 7% GDP growth in 2009 and IMF said in October in its World Economic Outlook that Uzbekistan’s real gross domestic product (GDP) will increase 7.5% in 2009.

According to the presidential resolution from 29 December 2008 “On forecast of main macroeconomic figures and parameters of the State Budget of Uzbekistan for 2009”, the industrial output in Uzbekistan will go up 9.3% year-on-year in 2009.

Agriculture production will increase 5% year-on-year, while retail trade turnover will rose 14.8% year-on-year next year.

Uzbekistan forecasted that consumer prices index will make up 7-9%. The IMF said the consumer prices in Uzbekistan will fell from 12.3% in 2007 to 11.1% in 2008. The consumer prices will decrease further to 10.6% in 2009.

It is expected that capital investments will grow by 18% year-on-year in 2009.

Deficit of the state budget will comprise 1% to GDP.