Economic growth in Uzbekistan is expected to slightly decline to 6.2% this year, compared with 6.5% in 2016, as external factors continue to weigh and to crystalize internal macroeconomic vulnerabilities, increasing risks to growth, according to the EBRD’s latest Regional Economic Prospects report.
However in 2018 economic growth in Uzbekistan is projected to pick up to reach 6.5%, driven mainly by higher commodity performances. while strong economic links with Russia supported by a rebound in remittances will lead to a recovery in domestic demand.
