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Macro - Country Economic Forecasts - Uzbekistan

Publisher Oxford Economics
Published Dec 17, 2024
Length 6 Pages
SKU # OFE19463561

Description

Macro - Country Economic Forecasts - Uzbekistan



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.

Table of Contents

6 Pages
Uzbekistan: The government is committed to structural reforms
Forecast overview
Recent developments
Short-term growth outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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