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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Uzbekistan's economy to grow by 7 percent in 2013: IMF

18 April 2013

The International Monetary Fund (IMF) forecasts that Uzbekistan's gross domestic product (GDP) could grow 7 percent this year, local media reported Wednesday.

The IMF said in the April edition of its World Economic Outlook that the inflation rate in Uzbekistan for 2013 could stand at 10.9 percent.

The IMF on Tuesday cut its world economic growth rate forecast to 3.3 percent in 2013, 0.2 percentage point lower than its earlier estimate in January.

In January, the Washington-based World Bank released a baseline economic forecast, predicting that Uzbekistan's economy will grow 7.5 percent in 2013.

Uzbekistan has averaged 8 percent in GDP growth since the mid- 2000s.