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NEWS

President: Uzbekistan’s GDP grew by 8.1% in 2014

www.uzdaily.com
16 January 2015

Gross domestic product (GDP) of Uzbekistan grew by 8.1% in 2014, the President of Uzbekistan Islam Karimov stated at the session of the Cabinet of Ministers on 16 January 2015.

He said that the volume of industrial production increased by 8.3%, agriculture production - 6.9%, construction works - 10.9% and retail trade turnover - 14.3%.

The volume of investments into economy rose by 10.9% in the reporting period. Over 73% of investments were directed to construction of production capacities, Uzbek leader said. At the same time, over 40% of investments were used to purchase equipment.

Uzbek head said that gold and currency reserves of Uzbekistan increased by US$1.6 billion in 2014.