Uzbekistan Investment Gateway - Recent economic result

According to government statistics, confirmed by the IMF, real GDP growth was 7% and higher since 2004. The acceleration of economic growth was due to prudent macroeconomic policies, gradual structural reforms and a significant increase in the foreign trade turnover with Uzbek exports increasing twofold in 2003-2007, from USD 3.7 billion to USD 7.6 billion. The export expansion was a result of measures taken to liberalize foreign trade and currency policies and to stimulate the private sector development as well as favorable trends in world markets. The contribution to GDP growth of the capital intensive sectors has increased over time1. The continued growth of foreign investment in the main industries and growing amount of remittances should provide a further boost to GDP growth which the IMF, EBRD, and Economist Intelligent Unit forecast will be more than 7% in the short and medium term.

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Additional sources of information

http://www.imf.org/external/pubs/cat/longres.cfm?sk=20617.0

Republic of Uzbekistan: 2006 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Uzbekistan

http://darvoza.uz/?lng=1

The Uzbekistan Development Gateway. The portal devoted to the development issues of Uzbekistan. Several links to the documents and web-sites related to the transitional policy, investment climate, economy and reforms presented in the portal.

http://uzinfoinvest.uz/

The link to the official web-site of “Uzinfoinvest” Investment Promotion Agency. General information about business conditions created during independence period presented here.

http://ci.nii.ac.jp/naid/110004470449/

Several articles of the students of Japanese Universities posted in this web-site.

http://www.undp.uz/en/publications/

The several publications related to the development issues and transitional policy of Uzbekistan prepared with support of United Nations Development Program in Uzbekistan posted in the official website of UNDP.

http://www.heritage.org/Index/country.cfm?id=Uzbekistan

Index of economic freedom of Uzbekistan by The Heritage Foundation and the Wall Street

Last Updated ( Friday, 06 June 2008 )

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