We forecast Uzbekistan's real GDP will grow by 5.9% next year, still supported by strong fixed investment, robust domestic consumption, and expansionary fiscal policy. The subdued economies of key trading partners like Russia and China and high global inflationary pressures will continue to weigh on growth. But we also forecast renewed strength in foreign direct investment this year and next which, along with ongoing structural reforms and solid domestic demand, will keep supporting growth.
Uzbekistan: The government is committed to structural reforms