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The American-Uzbekistan Chamber of Commerce (AUCC) seeks to promote trade and investment ties, cultural exchanges and bonds of friendship between the United States of America and the Republic of Uzbekistan. In performing these functions, the AUCC places primary emphasis on serving the needs and interests of its members.
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GDP to grow by 8.2% in 2012
http://www.uzdaily.com of 1/4/2012 - The Government of Uzbekistan expects that the gross domestic product (GDP) of the country will increase by 8.2% in 2012.
According to the presidential resolution "On forecast of main macroeconomic figures and parameters of the state budget of Uzbekistan for 2012", the growth of industrial production will make up 8.6% in 2012.
The government forecast said that the agriculture production in Uzbekistan in 2012 will grow by 5.8% and the capital investments - 9.3%.
The budget deficit is expected at the level of 1% to GDP. The budget deficit will be financed due to free balance of the state budget to the beginning of 2012 and other non-inflation sources in line with the legislation.
As reported earlier, economy of Uzbekistan grew by 8.3% in 2011.
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