Constructive talks were held on expanding economic cooperation between Uzbekistan and Singapore


The visit of the Uzbek delegation to Turkey continues


Delegation of the CCI on a working visit to the Republic of Turkey


Expand your business in agriculture and food processing


Meeting of the Chairman of the Chamber of Commerce and Industry with the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus


Ministry of Internal Affairs


Министерство Минобороны Республики Узбекистан И активный


The Ministry for Development of Information Technologies and Communications of the Republic of Uzbekistan


Russian Federation



IMF delegation visits Uzbekistan.

The delegation led by Economist at the International Monetary Fund Albert Jaeger visited Uzbekistan and studied the ongoing reforms and transformations in the economy.

On March 5, a press conference was held in Tashkent on the outcomes of the mission.

The event was organized by the Central Bank together with the Ministry of Finance of the Republic of Uzbekistan. Albert Jaeger expressed his opinion on the results of the analysis of Uzbekistan’s economic sector.

According to the analysis, the growth of the gross domestic product in Uzbekistan in 2018 amounted to 5 percent. This figure is projected at 5.5 percent in the current year and 6 percent in 2020. An increase in the number of new jobs is expected this year as a result of investment and tax reforms.

At the press conference, it was noted that the current level of inflation in Uzbekistan is natural in conditions of economic liberalization. Measures implemented in Uzbekistan on reducing production costs, eliminating the deficit in a differentiated wage scale, will contribute to keeping inflation in 2019 at 15 percent.

At the same time, there are possible risks for the economy of the country. In particular, in 2018 lending to the economy grew by 50 percent in Uzbekistan.

At the conference it was noted that the monetary policy implemented by the Central Bank of the Republic of Uzbekistan, including the increase in refinancing rate to 16 percent, will lead to the expected results in curbing inflation.








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