WB: Uzbekistan’s GDP to grow by 7.5% in 2013

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Economy 16/01/2013 WB: Uzbekistan’s GDP to grow by 7.5% in 2013

WB: Uzbekistan’s GDP to grow by 7.5% in 2013

Tashkent, Uzbekistan (UzDaily.com) -- The growth of gross domestic product (GDP) of Uzbekistan will grow by 7.5%, says the World Bank in the newly-released Global Economic Prospects (GEP) report, which was published on 16 January 2013.

According to forecast of the World Bank’s specialists, economy of Uzbekistan will grow by 7% in 2014 and 6.8% in 2014. The report said that the GDP of Uzbekistan rose by 8.2% in 2012.

The report noted that the current account balance of Uzbekistan will make up 4.5% to GDP in 2013 and 4% in 2014, as well as 3.8% in 2015. The figure made up 4.5% in 2012, according to the World Bank estimates.

Uzbek President Islam Karimov said Uzbekistan posted 8.2% GDP growth in 2012. The Government of Uzbekistan expects that the GDP of the country will increase by 8% in 2013.

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