Mon 07 2016 10:54:32

Tashkent, Uzbekistan ( -- Gross domestic product (GDP) of Uzbekistan grew by 7.8% in January-June 2016, the session of the Cabinet of Ministers said on 15 July.

Industrial production in Uzbekistan rose by 6.7% in the first half of 2016, agriculture output – 6.8%, services – 12.9% and construction works – 17.5%.

State budget was executed with 0.1% surplus to GDP. The inflation did not exceed forecasted parameters.

Some 462,500 new jobs were created in Uzbekistan in the reporting period, of which 59.8% (276,700 jobs) in rural areas.

About 4.4 trillion soums and US$111 million were directed to implementation of measures, envisaged in the state programme “The Year of Healthy Mother and Child”.

The volume of used investments rose by 11.8%, including foreign investments and loans – by 17.2%.

Uzbekistan commissioned 43 production objects for US$1.9 billion and started to realize 72 investment projects for over US$3.4 billion. The production of localized goods grew 1.5 times.

In the first half of 2016, about 306 state objects were realized to private sector for investment obligations for 267.5 billion soums. Foreign investors acquired stakes in 30 joint stock companies.


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