Tashkent, Uzbekistan, Apr. 17
By Demir Azizov– Trend:
The International Monetary Fund (IMF) lowered the forecast of Uzbekistan’s economic growth to 6.2 percent in 2015 (from 6.5 percent predicted in October 2014).
According to the IMF forecasts, published in the IMF report entitled “World Economic Outlook”, Uzbekistan's GDP growth will be 6.5 percent in 2016.
According to the IMF updated forecast, the inflation in Uzbekistan amounted to 9.5 percent (October forecast - 11.2 percent) as of 2015. The inflation in the country will increase up to 9.8 percent in 2016. Uzbekistan’s current account surplus will hit 0.2 percent of GDP in 2015 and 2016.
Earlier, the IMF predicted inflation in Uzbekistan at 8.4 percent, the current account surplus - 0.1 percent of GDP in 2014.
According to Uzbekistan’s official statistics, GDP increased by 8.1 percent in 2014 compared to the same period of 2013. The inflation rate was 6.1 percent.
The government of Uzbekistan plans to ensure GDP growth at 8 percent in 2015. The inflation is planned to be kept within 5.5-6.5 percent.
The official exchange rate is 2501.87 soums/$1 April 17.
Edited by CN
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