Uzbekistan expects GDP growth at 5.4%

Business Materials 27 June 2019 11:53 (UTC +04:00)

Baku, Azerbaijan, June 27

By Fakhri Vakilov - Trend:

In the first half of the year, gross domestic product of Uzbekistan is expected to grow at 5.4 percent, Trend reports with reference to the press service of the President of Uzbekistan.

The topic was discussed at a meeting under the leadership of President Shavkat Mirziyoyev.

Growth in industrial production is projected at 7 percent, construction and contract work - 9.6 percent, service provision - 13.9 percent.

At the meeting, the president pointed to the presence of reserves and capabilities that are not yet fully involved in all sectors and regions.

He gave instructions to create modern enterprises and new jobs, increase output and export of products, expand the revenue base of local budgets, develop social and communal spheres, improve villages and communities and improve the lives of the population.


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