TASHKENT, Uzbekistan, October 21. Uzbekistan plans to increase the value of exported goods to $19 billion in 2024, Trend reports.
The news followed a videoconference with representatives of all sectors of Uzbekistan’s economy, chaired by President of Uzbekistan Shavkat Mirziyoyev.
During the meeting, the participants discussed the main directions of the state budget for 2024 and the issues that need to be solved in industries and regions.
Moreover, the parties stressed the necessity of introducing amendments to the legislation aimed at tightening budget discipline as well as the possibilities for attracting $32 billion of investments in industries, spheres, and regions in 2024.
Meanwhile, Uzbekistan’s trade turnover amounted to $40 billion from January through August 2023, which is 23.2 percent ($7.5 billion) more compared to the same period last year.
Of these, the volume of exports amounted to $16.4 billion, an increase of 27.8 percent compared to 2022 statistics.
Moreover, companies have invested a total of 139.1 trillion Uzbek soums ($11.4 billion) in Uzbekistan in the first six months of 2023. A significant share of these investments, 59 trillion soums ($4.8 billion), or 42.4 percent, account for foreign investment and loans directed to fixed capital.