Uzbekistan’s economy has remained resilient to global challenges and has continued to grow at a rapid pace. The outlook remains positive.

In January-November 2023, foreign trade turnover in the country amounted to 57.3 billion US dollars and increased compared to the same period last year by 11.9 billion US dollars or by 26.2%

In January-November 2023, Index of physical volume of industrial production of the Republic of Uzbekistan amounted to 106.0%, Consumer price index (CPI) 107.4%

The Board of the Central Bank of the Republic of Uzbekistan decided to keep the policy rate unchanged at 14 percent per annum. This rate has been maintained for 9 months since March 17 this year.

The European Bank for Reconstruction and Development is addressing the issue of youth entrepreneurship and employment in Central Asia by launching a seven-year €200 million Youth in Business programme.

The Asian Development Bank has approved a $240 million loan to improve 700 kilometers of rural roads in Uzbekistan.