Macroeconomic Forecast Uzbekistan

We anticipate Uzbekistan's economic growth to remain strong in 2012 and 2013 in spite of a mild slowdown in export growth. High prices for key commodity exports oil, gas, gold and cotton, as well as continued public investment into strategic sectors – in particular hydrocarbons, chemicals and power generation – will underpin robust growth in the Central Asian nation. We forecast real GDP growth of 7.8% in 2012 and 7.6% in 2013, down from an estimated 8.3% in 2011.

To read the full article, please choose one of the following options: