The World Bank Group’s Board of Executive Directors discussed and endorsed today the Uzbekistan Country Partnership Framework (CPF) for the period 2022-26.

The review of the Central Bank of Uzbekistan on monetary policy for the 1st quarter of 2022 notes that today, despite the fact that the economic situation in the countries - the main trading partners of Uzbekistan, including exchange rates, has stabilized to some extent, the level of uncertainty and risks in the medium term, for all macroeconomic indicators remains high.

According to the report of the Central Bank of Uzbekistan, in the first quarter of 2022, real GDP growth amounted to 5.8% compared to the same period last year.

Partner countries with a high share of Uzbekistan's imports in the 1st quarter of 2022: China - 1661 million US dollars; Russia - 1380 million US dollars; Kazakhstan - 762 million US dollars; South Korea - 620 million US dollars; Turkey - 395 million US dollars;

Currently, there are 21 special economic zones (SEZs) operating in the Republic of Uzbekistan, 19 of which are specialized in industry (FEZ), 1 in agriculture and 1 in the tourism sector, 116 directorates of small industrial zones (hereinafter referred to as SIZ), 12 technoparks and 440 clusters, which included: in the FEZ - 512 enterprises, SIZ - 1,865, technoparks - 58 and clusters - 446 enterprises.

The Ministry of Investment and Foreign Trade of the Republic of Uzbekistan organized a press conference to inform the public about the implementation in the first quarter of 2022 of certain points of the "Development Strategy of New Uzbekistan for 2022-2026" and the current State Program in the "Year of ensuring Human Interests and development of the Mahalla".