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WB revises up forecast for Uzbekistan’s economic growth in 2023-24

Uzbekistan Materials 7 June 2023 01:20 (UTC +04:00)
Maryana Ahmadova
Maryana Ahmadova
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BAKU, Azerbaijan, June 7. Uzbekistan's GDP is projected to grow by 5.1 percent in 2023, Trend reports.

Previously, the World Bank (WB) had forecasted a growth rate of 4.9 percent for Uzbekistan's economy in 2023.

The WB experts have also improved the GDP growth forecast for Uzbekistan in 2024. Economic growth in Uzbekistan is now expected to reach 5.4 percent next year.

According to the bank's projections, the economy of Uzbekistan will grow by 5.8 percent in 2025.

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