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Uzbekistan announces record share of investment in GDP

Business Materials 15 August 2019 09:59 (UTC +04:00)

Baku, Azerbaijan, August 15

By Fakhri Vakilov - Trend:

For the first time in the history of Uzbekistan, the share of investments in gross domestic product exceeded 38 percent, while in previous years this figure did not reach 25 percent, Trend reports with reference to the press service of the President of Uzbekistan.

President of Uzbekistan Shavkat Mirziyoyev announced this at a meeting on August 14, dedicated to the results of work for the first half of 2019.

The president and his subordinates discussed the results of the country's reform and development in the first half of the year and the priorities for the future.

The volume of GDP in the first half of the year grew by 5.8 percent, industrial production - by 6.9 percent. Budget revenues amounted to almost 51 trillion soums ($5.86 billion), the budget is 109 percent full compared to the forecast.

The president instructed to continue preventing inflation growth, which in the reporting period amounted to 5.6 percent and did not exceed forecast indicators.

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