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ADB projects 5% GDP growth for Uzbekistan in 2021

ADB projects 5% GDP growth for Uzbekistan in 2021
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ADB Raises Uzbekistan Growth Projections for 2021 and 2022

ADB Raises Uzbekistan Growth Projections for 2021 and 2022
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Toshkent Shahri , Cindy Malvicini , Asian Development Outlook , Asian Development Bank , Uzbekistan Cindy , ஆசிய வளர்ச்சி ஔட்‌லுக் , ஆசிய வளர்ச்சி வங்கி , உஸ்பெகிஸ்தான் சிண்டி ,

Uzbekistan's economy to grow by 5.0% in 2021 and by 5.5% 2022: ADB

Uzbekistan's economy to grow by 5.0% in 2021 and by 5.5% 2022: ADB
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Industry, Services, and Investments to Drive Uzbekistan's Economic Recovery — ADB


News Release | 28 April 2021
TASHKENT, UZBEKISTAN (28 April 2021) Uzbekistan’s economic growth is expected to rebound this year and in 2022 as industry, services, and investments recover following the coronavirus disease (COVID-19) pandemic, but the risks remain of a protracted pandemic and uncertainty abroad, according to a new Asian Development Bank (ADB) report.
In its flagship annual economic publication,
Asian Development Outlook (ADO) 2021, ADB projects gross domestic product (GDP) growth for Uzbekistan to be 4% in 2021 and 5% in 2022.
“While the pandemic and related restrictions slashed growth in Uzbekistan in 2020, growth is expected to rebound this year and next but a timely vaccine rollout and strong containment measures remain critical for the country’s economic recovery,” said ADB Country Director for Uzbekistan Cindy Malvicini. “Uzbekistan must also look to improve how it assesses fiscal risks, particularly from state-owned enterprises, an ....

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