World Bank retains its forecast for Uzbekistan's #GDP growth i | Review.uz/en - Economic Review
World Bank retains its forecast for Uzbekistan's #GDP growth in 2021 at 4.8%
Uzbekistan's GDP is expected to grow by 4.8% by the end of the year. The same figures were predicted by #WB experts in March this year.
The growth of the economy of Uzbekistan in 2021 and 2022 will reach 4.8% and 5.5%, respectively. This is announced in the June issue of the World Bank's report "World Economic Outlook".
Growth in Central Asia is forecast to recover to 3.7% in 2021 and 4.3% in 2022. a modest rise in commodity prices; relaxation of production cuts among major oil producers; increased foreign direct investment.
The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies.
Despite the recovery, global output will be about 2% below pre-pandemic projections by the end of this year.
Per capita income losses will not be unwound by 2022 for about two-thirds of emerging market and developing economies.
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