EBRD: Uzbekistan’s economy to grow by 7.7% in 2013

According to the report “Regional Economic Prospects in EBRD Countries of Operations”, the gross domestic product (GDP) of Uzbekistan will grow by 7.7% in 2013. In May 2013, the bank forecasted that economy of Uzbekistan will grow by 7.5% this year.

The bank said that Uzbekistan’s economy will grow by 7% in 2014 as it forecasted in May 2013.

The bank’s experts said that the inflation level in Uzbekistan will make up 11% in 2013 against 12.1% in 2013. The forecast did not change.