Uzbekistan’s economy grows by 6.6 pct in past 9 months

TASHKENT, Oct. 18 (Xinhua) — Uzbekistan’s economy has grown by 6.6 percent over the past nine months, according to a report from the press service of the Uzbek President on Thursday.
During a meeting, President Shavkat Mirziyoyev discussed the expected economic performance for the current year and the main macroeconomic indicators for 2025.
“Despite the difficult situation in the world, our country’s economy has grown by 6.6 percent and industry by 7 percent over the past nine months by utilizing domestic opportunities,” the statement said.
“It is expected that by the end of the year, the growth will be no less than 6 percent. The country’s gold and foreign exchange reserves this year exceeded 40 billion U.S. dollars for the first time, while public deposits in the national currency grew by 50 percent,” it added.
The statement said that the share of investment in the country’s GDP will surpass 33 percent this year, with exports projected to rise by nearly 19 percent.
“In general, the IMF, World Bank and Asian Development Bank confirm that thanks to Uzbekistan’s active investment policy and reforms, sustainable economic growth will be maintained in the future,” the press service said.
In the first six months of this year, Uzbekistan’s GDP grew by 6.4 percent compared to the same period last year. ■