Uzbek president: Average salaries to reach $500
Uzbekistan, Tashkent, Sept. 2 / Trend D.Azizov /
Average salaries in Uzbekistan will reach about $500 by late 2010, Uzbek President Islam Karimov said in a speech dedicated on Independence Day earlier this week.
Karimov said the average salaries in Uzbekistan rose by nearly 14 times compared to 1990.
"Uzbekistan is one of a few countries that have maintained stable growth despite the negative impact of the continuing financial and economic crisis," he said.
Karimov added that the GDP has increased 3.5 times, while the GDP per capita has risen 2.5 times since 1990.
"This is concrete evidence of our steadily growing economy, healthcare, and welfare, as well as strong social policies aimed at comprehensively caring for the individual," he said.
Uzbekistan's GDP grew by 8.2 percent in January-June 2009, with industrial production rising by 9.1 percent, agriculture products increasing by 4.6 percent, consumer goods production rising by 13.1 percent, and paid services increasing by 18.5 percent. The state budget was executed with a surplus of 0.3 percent of the GDP.
Uzbekistan's GDP growth is planned at 8.3 percent this year. Projections are high for a range of sectors, with industrial production planned at 8.3 percent, agricultural production at five percent, retail trade at 16.3 percent, investments at 22 percent, exports at six percent and inflation at 7-9 percent.
According to the official statistics, the average wage grew by 34.1 percent to 476,400 sum in June from the same period in 2009.
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