Address by the President of the Republic of Uzbekistan Shavkat Mirziyoyev at the IXth Annual Meeting of the Board of Directors of the Asian Infrastructure Investment Bank.

The Asian Development Bank has raised the growth forecast of Uzbekistan's economy from 5.5% to 6% by the end of 2024. In 2025, the bank forecasts Uzbekistan's economy to grow by 6.2%.

In January-august 2024, Uzbekistan's foreign trade turnover totaled $42,703.3 million and increased by 6.6% or by $2,657.7 million compared to the same period last year.

For January-August 2024, the index of physical volume of industrial production amounted to 106.9%, Consumer Price Index 105.5%

The Board of the Central Bank of the Republic of Uzbekistan decided to keep the policy rate unchanged at 13.5 percent per annum.

Uzbekistan together with the Korea International Cooperation Agency (KOICA) plan to launch projects worth $300 mln.