TASHKENT, Uzbekistan, October 17. Uzbekistan projects its economy will expand by a minimum of 6 percent by year-end, Trend reports.
This was revealed during President Shavkat Mirziyoyev's meeting on the expected economic results in the current year and the main macroeconomic indicators for 2025.
Gold and foreign exchange reserves for the first time exceeded $40 billion this year. Deposits of the population in the national currency grew by 50 percent.
In general, the International Monetary Fund, the World Bank, and the Asian Development Bank confirm that thanks to active investment policy and reforms, Uzbekistan will continue to maintain sustainable economic growth in the future. Moreover, Eurobonds worth $4 billion have been placed in the world market.
As a result, the share of investment in GDP will exceed 33 percent this year. At the same time, the exports are expected to grow by almost 19 percent.
Meanwhile, Uzbekistan's economy has grown by 6.6 percent from January through September 2024. At the same time, the industrial sector grew by 7 percent by utilizing domestic opportunities.