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Mr. Ambassador, I understand that the economy of Uzbekistan has performed very well last year. What are the updated figures?
In 2018, the GDP growth in Uzbekistan is expected at 5.2% and in 2019 at 5.4%. Inflation is to be at 16–17%, in 2019 13.5–15.5%, and in 2020 10–12%. Starting from 2021, annual inflation is expected to reach single-digit values. Over the last two years, Uzbekistan concluded agreements on the implementation of 182 investment projects worth 17 billion $.
Uzbekistan announced the year 2018 as the Year of support of active entrepreneurship, innovative ideas and technologies. Uzbekistan intends to join the top 50 of the Global Innovation Index by 2030.
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