The Speech of the President of Uzbekistan Islam Karimov at the meeting of the Cabinet of Ministers on January 17, 2014, dedicated to the summary of social and economic development in 2013 and main priorities of economic program for 2014.
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The Speech of the President of Uzbekistan Islam Karimov at the meeting of the Cabinet of Ministers on January 17, 2014, dedicated to the summary of social and economic development in 2013 and main priorities of economic program for 2014
Summing up the results of the social and economic development of Uzbekistan in 2013, the head of the state emphasized that previous year marked continuation of our strategy on ensuring high sustainable growth, macroeconomic balance, modernization and diversification of the economy.
In 2013, GDP grew for 8%, industrial output increased by 8.8%, agricultural – by 6.8, the volume of retail trade – by 14.8%. Inflation rate was 6.8%.
Since the establishment of "Navoi“ SIEZ, enterprises within 19 investment projects totaling over $ 100 million have been opened on its territory. In 2013 the enterprises of the zone manufactured the products for over 100 billions sums with the growth of 25,8% in comparison with last year.
The production of hi-tech products within 5 projects with total amount of approximately 44 million dollars has started on the territory of SIZ "Angren" – energy saving LED lamps, copper pipes and etc.
Construction and reconstruction of road traffic and engineering infrastructure.
The main objectives and priorities for advancing the economy in 2014 are determined by primarily long-term program objectives of the country, continuation of the adopted strategy that ensures consistently high rates of economic growth, mobilization of available resources and opportunities.
GDP growth is planned by 8.1 %, industry - by 8.3 , agriculture - 6% , retail trade - 13.9%, market services - by 16.2 % , increasing their share to 55%.
The refinancing rate of the Central Bank has been lowered from 12 to 10% since 1 January 2014.