IMF predicts sharp growth in Uzbekistan’s economy in 2021

The International Monetary Fund (IMF) predicts a sharp increase in the economy of Uzbekistan in 2021, follows from the organization’s report.

Experts believe that this year real GDP growth will be 1.8%. For comparison, in the previous three years, it was around 4.5%-5.6%. In 2021, according to the forecasts of the organization, the growth will be 7%.

Inflation, which in the previous years was in the region of 13-17%, this year will be 12.6%, and in 2021 – 10.6%.

 

Source: Kun.uz