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2021-05-03 13:41:09 #Infographics: Chamber of Commerce and Industry of Uzbekistan in 2018-2020

The main indicators of the Chamber of Commerce and Industry of Uzbekistan in 2018-2020 in the infographics of the journal "Economic Review".

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2021-05-03 08:20:31 World Bank carries out public consultations to prepare a new 5-year partnership program for Uzbekistan

Last week the World Bank was carrying out online public consultations #WB in cooperation with the Center for Economic Research and Reforms #CEER and the Center for Development Strategy.

During the meetings, the members of the public were informed about preliminary results of the Systematic Country Diagnostic #SCD.

This analytical document is one of the main stages in the development of the Partnership Program between the WB and Uzbekistan for 2022-2026.

As part of online consultations, everyone can express their opinions and suggestions.

"It is extremely important to get feedback from the public and listen to opinions of citizens living in different regions of the country. Their active participation in various social and political processes, including in online consultations like this, is an opportunity to contribute to the changes taking place in the country",- said Umid Abidkhodjayev, Deputy Director of the CERR

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2021-04-29 14:11:29 Expert #CERR #Feruzbek Davletov analyzes the impact of inflation on the economy of Uzbekistan and the use of inflation targeting.

The author identified four interrelated problems arising from inflation:

decrease in the purchasing power of the currency
“inflationary surprises” of the population and business
"uncertainty" among economic units
difficult economic planning


Low inflation promotes both employment and productivity, which leads to increased production capacity and higher economic growth.


According to #CERR study, an increase in government expenditures of the consolidated budget by 1% of #GDP can increase inflation by 0.6%.

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2021-04-28 15:17:19 #AsianDevelopmentOutlook 2021 #ADB predicts gross domestic product #GDP growth in Uzbekistan at 4% in 2021 and 5% in 2022.

Inflation is estimated to slow down to 10% in 2021 and to 9% in 2022, tariffs for electricity and natural gas will remain stable.

Private consumption is expected to rise by 7% on the back of higher wages and slower inflation.

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2021-04-28 11:27:36 IMF projects 5% #GDP growth for Uzbekistan in 2021

The annual inflation rate is estimated to be less than 10%.

#IMF recommends Uzbekistan to reduce the role of the state in the economy and create a conducive environment to private sector growth.

The analysts that the COVID-19 pandemic had a short-term negative impact on the Uzbek economy and that the government had taken timely and decisive action. As a result, Uzbekistan has become one of the few countries to show economic growth in 2020.

Due to this, Uzbekistan has become one of the few countries that demonstrated economic growth in 2020.

in English: review.uz/en/5u3
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2021-04-28 07:35:36 #Infographics: International trade with CIS countries for March 2021

One third of the republic's foreign trade turnover falls on the CIS countries and this indicator has changed insignificantly in recent years.

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2021-04-27 13:37:44 Determined the most active banks of Uzbekistan in the 1st quarter of 2021

The Center for Economic Research and Reform (#CERR) has developed a "Bank activity Index" for 31 commercial banks.

Among 17 major banks “Kapital Bank” leading in the overall ranking of the activity index for the second quarter.

“Trustbank” moved up 2 positions in the overall rating compared to the 4th quarter of 2020 and took 2nd place in the rating

“Aloqabank” reserved its 3rd place in the overall rating as one of the largest banks with a state share.

Small banks' activity rating headed by "Davrbank", "Ziraatbank" and "Universalbank" in the 1st quarter of this year.

in English: review.uz/en/9xe
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2021-04-27 12:33:48 #Infographics: Trade of Uzbekistan with Central Asian Countries for March 2021

The infographic of the CERR illustrates the impact of Uzbekistan's trade and economic relations with Central Asian countries.

Detailed: review.uz/en/ae3

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